By Dave Sebastian
Charles Schwab Corp. its client assets were $7.98 trillion at the end of October, up 36% from the same month last year and up 5% from September.
The Westlake, Texas-based financial-services company Friday said core net new assets brought to the company by new and existing clients were $36.8 billion. Excluding mutual fund clearing, net new assets totaled $35.9 billion, the company said.
Schwab said average margin balances were $83.8 billion in October, up 74% from the same month last year and up 3% from September.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
11-12-21 0915ET