SAN FRANCISCO, CA (STL.News) The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of April 2020 include:
- Core net new assets brought to the company by new and existing clients totaled $15.3 billion. Net new assets excluding mutual fund clearing totaled $14.4 billion. These flows reflect the extension of the federal income tax filing due date from April 15 to July 15.
- Total client assets were $3.78 trillion as of month-end April, up 3% from April 2019 and up 8% compared to March 2020.
- Average interest-earning assets on the company’s balance sheet were $353.0 billion in April, up 31% from April 2019 and up 11% compared to March 2020.
NOTE: this is NOT the complete report.
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