FYI: (The Linkster think it's interesting to take a look inside Schwab's business.)
.Core net new assets brought to the company by new and existing clients in August 2018 totaled $20.8 billion. Net new assets excluding mutual fund clearing totaled $18.6 billion.
.Total client assets were a record $3.56 trillion as of month-end August, up 14% from August 2017 and up 2% compared to July 2018.
.New brokerage accounts totaled 132,000 in August, up 7% from August 2017 and up 12% compared to July 2018.
Regards,
Ted
https://mms.businesswire.com/media/20180917005149/en/678519/1/schw_august_2018_release.pdf?download=1
