Charles Schwab reports record August core net new assets of $64.8B

The Charles Schwab Corporation (NYSE: SCHW) reported its monthly activity figures for August 2026, with core net new assets reaching $64.8 billion, a 46% increase compared to August 2025, which the company said was a record for the month of August.

Total client assets stood at $13.41 trillion at the end of August, up 19% from August 2025 and up 3% from July 2026. The company reported 40.1 million active brokerage accounts at month-end.

New brokerage accounts opened during August totaled 424,000, an increase of 11% compared to August 2025. Daily average trades for the month equaled 9.8 million.

Margin loan balances rose 58% from year-end to $177.6 billion. According to the company, the figure includes margin loans and short credits related to certain long/short strategies. For August 2026, margin loans totaled $53.7 billion and short credits totaled $55.8 billion.

Transactional sweep cash increased $6.5 billion from the prior month to end August at $483.3 billion, driven by client demand for long/short strategies. Total money market funds at month-end reached $702.5 billion, up 1% from July 2026 and 6% from August 2025.

The data is based on a press release from The Charles Schwab Corporation.

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