Schwab (SCHW) Reports Monthly Activity Highlights

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Schwab Reports Monthly Activity Highlights

May 13, 2022 8:45 AM EDT

WESTLAKE, Texas--(BUSINESS WIRE)-- The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of April 2022 include:

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Core net new assets brought to the company by new and existing clients totaled negative $9.2 billion. Net new assets excluding mutual fund clearing totaled negative $6.5 billion. These flows reflect client cash disbursements during tax season. Total client assets... More