Charles Schwab (SCHW) Reports Record May Core Net New Assets

The Charles Schwab Corporation (NYSE:SCHW) is one of the 12 High Quality Stocks to Buy for the Long Term.

On June 12, 2026, The Charles Schwab Corporation (NYSE:SCHW) reported that core net new assets increased 43% versus May 2025 to $49.9B, a record for the month of May. Total client assets reached $13.14T at month-end May, up 27% from May 2025 and up 4% from April 2026. New brokerage accounts totaled 461,000 during the month, up 37% year-over-year, while client margin loan balances rose 38% from year-end to $154.6B, including $37.4B related to long/short strategies. Daily average trades reached a record 11.8M.

On June 10, 2026, Charles Schwab Foundation announced a $2.85M multi-year expansion of its partnership with SIFMA Foundation to broaden access to investing education for students nationwide. Chris Wyse, Chief Corporate Affairs Officer and Chair of the Board of Charles Schwab Foundation, said the partnership is aimed at helping students distinguish between speculation and investing and build financial decision-making skills.

Charles Schwab (SCHW) Reports Record May Core Net New Assets

Earlier in June, The Charles Schwab Corporation (NYSE:SCHW) announced enhancements across Schwab.com, Schwab Mobile, and the thinkorswim platform suite. Updates included 24/7 cryptocurrency futures trading on thinkorswim, expected price range information for marginable securities on Schwab.com, expanded fundamentals data on the Positions page, mobile dividend reinvestment settings, and additional order status quote views.

The Charles Schwab Corporation (NYSE:SCHW) provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally.

While we acknowledge the risk and potential of SCHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SCHW and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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