Charles Schwab reported on February 14, 2025, that its core net new assets for January 2025 totaled $30.5 billion. This represents a notable decrease from the $60.2 billion reported in December 2024.
Despite the monthly decline, total client assets remained substantial, reaching $10.33 trillion as of January 31, 2025. The fluctuation in monthly asset flows can be influenced by various market and client-specific factors.
This dip in net new assets for the month of January suggests a slower start to asset gathering compared to the previous month, which could warrant investor attention regarding client cash trends.
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