Schwab schedules Summer Business Update for July 21

The Charles Schwab Corporation has scheduled a Summer Business Update for institutional investors on July 21. The event is designed to provide the investment community with insights into recent developments and management’s strategic focus areas. President and Chief Executive Officer Rick Wurster and Chief Financial Officer Mike Verdeschi will participate in the session.

The live public webcast is scheduled to run from 7:30 a.m. to 8:30 a.m. CT, or 8:30 a.m. to 9:30 a.m. ET. Access to the update will be available online.

Key Operational Metrics

As of May 31, 2026, The Charles Schwab Corporation reported the following operational figures:

Metric	Count
Active brokerage accounts	39.5 million
Workplace plan participant accounts	5.9 million
Banking accounts	2.3 million
Client assets	$13.14 trillion

The company provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary is Charles Schwab & Co., Inc. (member SIPC), and its primary banking subsidiary is Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender).

The Charles Schwab Corporation reported core net new assets of $49.9 billion for May 2026, marking a record for the month and representing a 43% increase compared to May 2025. Total client assets reached $13.14 trillion as of May 31, 2026, rising 27% year-over-year and 4% from April 2026. The growth was driven by robust engagement in equities and exchange-traded fund products, which contributed to a record daily average trades volume of 11.8 million.

New brokerage accounts opened during May totaled 461,000, an increase of 37% versus May 2025. Client margin loan balances were $154.6 billion at month-end, up 38% from year-end 2025. This total included $37.4 billion related to long/short strategies. The company’s Monthly Activity Report for May 2026 detailed these metrics, highlighting continued expansion across its client base and asset levels.

Key Metrics for May 2026

Metric	Value	Year-Over-Year Change
Core Net New Assets	$49.9 billion	43%
Total Client Assets	$13.14 trillion	27%
New Brokerage Accounts	461,000	37%
Daily Average Trades	11.8 million	64%
Client Margin Loan Balances	$154.6 billion	38% from year-end

Client Assets and Accounts

Total client assets of $13.14 trillion represented a 4% increase from April 2026. The company reported 39.5 million active brokerage accounts, 5.9 million workplace plan participant accounts, and 2.3 million banking accounts as of May 31, 2026. Assets under management for clients receiving ongoing advisory services reached $925.8 billion for Investor Services and $5,716.0 billion for Advisor Services.

Trading Activity

Daily average trades reached a record 11.8 million in May, driven primarily by robust engagement in equities and exchange-traded fund products. Derivative trades accounted for 19.8% of total trades, a decrease of 160 basis points year-over-year. The Schwab Trading Activity Index (STAX) stood at 55.1 for the month, up 10% from April 2026 and 39% from May 2025.