Charles Schwab (SCHW) released its monthly activity report. Company highlights for the month of May 2025 include: Core net new assets brought to the company by new and existing clients increased 13% versus May 2024 to reach $35B, a record for the month of May. Total client assets equaled $10.35T as of month-end May, up 12% from May 2024 and up 5% compared to April. New brokerage accounts opened during the month totaled 336,000 up 7% versus May 2024. Investor engagement remained strong, with May trading volumes exceeding 7M daily average trades for the 5th consecutive month. Transactional sweep cash declined by $5.2B to end May at $398.1B.
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