Charles Schwab Corporation reported July 2026 monthly activity results showing robust growth across key metrics, with core net new assets reaching a record $58.1 billion, a 24% increase versus July 2025. The fintech giant, based in Westlake, Texas, disclosed the figures in its monthly activity report released today, underscoring sustained investor engagement and account expansion despite modest month-over-month volatility in client assets.
- Total Client Assets: $13.04 trillion as of July 31, 2026, up 19% year-over-year
- New Brokerage Accounts: 417,000 opened in July, up 11% versus July 2025
- Active Brokerage Accounts: 39.9 million total, representing 6% year-over-year growth
- Daily Average Trades: 11.6 million, reflecting strong investor engagement
- Client Margin Loan Balances: $169.9 billion, up 51% from year-end 2025
Client engagement remained elevated throughout the month, with daily average trades climbing to 11.6 million. Margin loan balances surged 51% from year-end levels to finish at $169.9 billion, signaling increased leverage activity among the brokerage’s investor base. Meanwhile, transactional sweep cash declined $8.9 billion to $476.8 billion, a movement Schwab attributed to client net purchasing activity combined with typical seasonality related to advisory fee payments in the month.
The company’s advisory services segment continued expanding, with assets under management in Advisor Services reaching $5.763 trillion, up 21% year-over-year. Investor Services assets climbed to $933.7 billion, representing 25% annual growth. Total client assets held relatively flat month-over-month at $13.04 trillion, though market conditions weighed on valuations, with net market losses of $102.5 billion recorded in July as major indices pulled back from recent highs.
Schwab serves 39.9 million active brokerage accounts, 5.9 million workplace plan participant accounts, and 2.4 million banking accounts, offering wealth management, securities brokerage, banking, asset management, and financial advisory services through its operating subsidiaries.
