Charles Schwab core net new assets rise 12% M/M, 46% Y/Y in August
Charles Schwab's NYSE:SCHW core net new assets of $64.8B climbed 12% M/M and 46% Y/Y, the company said Tuesday.Total client assets at the end of the month were $13.4T, up 3% M/M and 19% Y/Y. By comparison, the S&P 500 Index TVC:SPX increased 3% M/M and 19% Y/Y.Client daily average trades were 9.82M…