Charles Schwab Corp. (NYSE: SCHW) reported Q2 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.47 billion.

CEO Walt Bettinger said, “With the right full-service model for serving today’s investors, we are driving sustained momentum in our business. As investor engagement continues to gain strength, we offer the transparency, open architecture, technology and accessibility – including personal relationships – that support our clients’ confidence and trust in Schwab as a partner that can help them build their financial futures. We gathered $11.5 billion in net new assets in June and $22.7 billion during the second quarter, the highest June in our history and the highest second quarter in 6 years. Clients opened 242,000 new brokerage accounts during the quarter, and we ended the quarter serving 9.3 million active brokerage accounts and 950,000 banking accounts, up 3% and 4%, respectively, from year-earlier levels. Total client assets reached a record $2.40 trillion as of June 30, an increase of $351 billion, or 17%, from June 2013.”

“Wealth management capabilities are an important element of our contemporary full-service investing model,” Mr. Bettinger continued. “Many of our clients are at a stage where they have accumulated significant asset levels, they are increasingly looking for professional help, and they expect Schwab to be just as proficient in serving their current needs as we are in serving clients at other points in their investing lives. With a model that encompasses both nationally-branded wealth management services offered through our retail financial consultants and access to highly customized and local expertise offered by independent advisors, the value of these capabilities to new and existing clients is clear. Over 70% of retail client assets at Schwab are being served by a dedicated branch professional, we have held more than 110,000 planning conversations with clients over the past year, and approximately 50% of total client assets at Schwab are receiving some form of ongoing advisory service – $1.01 trillion under the guidance of independent advisors and approximately $175 billion in retail and other advisory solutions, up 20% and 28%, respectively, over year-earlier levels.”

For earnings history and earnings-related data on Charles Schwab Corp. (SCHW) click here.