Market Overview

Schwab Reports Monthly Activity Highlights

Share:

The Charles Schwab Corporation released its Monthly Activity Report
today. Company highlights for the month of October 2017 include:

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171114005627/en/

  • Net new assets brought to the company by new and existing clients in
    October 2017 totaled $35.4 billion.
  • Total client assets were a record $3.26 trillion as of month-end
    October, up 21% from October 2016 and up 2% compared to September 2017.
  • Client assets receiving ongoing advisory services were also a record
    $1.64 trillion as of month-end October, up 21% from October 2016 and
    up 2% compared to September 2017.

About Charles Schwab

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 345 offices and 10.6 million active
brokerage accounts, 1.6 million corporate retirement plan participants,
1.2 million banking accounts, and $3.26 trillion in client assets as of
October 31, 2017. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, money management, custody, and financial advisory services to
individual investors and independent investment advisors. Its
broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

                             
The Charles Schwab Corporation Monthly Activity Report For
October 2017
 
2016 2017  

Change

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Mo.

Yr.

Market Indices
(at month end)
Dow Jones Industrial Average 18,142 19,124 19,763 19,864 20,812 20,663 20,941 21,009 21,350 21,891 21,948 22,405 23,377 4 % 29 %
Nasdaq Composite 5,189 5,324 5,383 5,615 5,825 5,912 6,048 6,199 6,140 6,348 6,429 6,496 6,728 4 % 30 %
Standard & Poor's 500 2,126 2,199 2,239 2,279 2,364 2,363 2,384 2,41
View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com