Charles Schwab released its monthly activity report. Company highlights for the month of May include: Core net new assets brought to the company by new and existing clients totaled $31.1B. Total client assets were $9.21T as of month-end May, up 20% from May 2023 and up 4% compared to April. New brokerage accounts were 314,000 in May, flat year-over-year and down 13% compared to April.
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