Charles Schwab reports January total client assets $12.15T

Charles Schwab (SCHW) released its monthly activity report. Company highlights for the month of January include: core net new assets brought to the company totaled $27.8B. Consistent with prior years, these flows reflect typical January seasonality. Total client assets equaled $12.15T as of month-end January, up 18% from January 2025 and up 2% compared to December 2025. New brokerage accounts opened during the month totaled 476,000, an increase of 10% versus January 2025. Driven by increased investor engagement in equities, January daily average trades accelerated to 9.5M. Additionally, margin loan balances rose 4% from year-end levels to finish the month at $116.3B. Transactional sweep cash decreased by $20.4B to end January at $433.3B. This month-over-month decrease reflects expected January seasonality.