Record-Breaking Assets
Total assets increased to a record $2.3 trillion, driven by the acquisition of Commonwealth and solid organic growth.
Strong Organic Growth
Organic net new assets of $33 billion were attracted, representing a 7% annualized growth rate.
Record Adjusted EPS
Adjusted EPS reached a record $5.20, an increase of 25% from a year ago.
Successful Acquisition Integration
Progress in integrating Commonwealth with 80% of assets signed to stay, targeting 90% retention.
Increased Recruiting Success
Recruited assets were $33 billion in Q3, contributing to a record $168 billion over the trailing 12 months.
Cost Efficiency Improvements
Meaningful progress in reducing cost to serve, leading to an adjusted pretax margin of approximately 38%.