New and existing clients brought in $33.5 billion in net new assets during the first three months of the year, up 27% from a year earlier and the company's best inflow since the third quarter of 2000, it says.
Shares were flat on Tuesday at $19.51
TD Ameritrade and Schwab's other main competitor, E*Trade Financial (ETFC - Get Report), is scheduled to report earnings on Wednesday. Analysts are predicting E*Trade will earn 38 cents a share on $672 million of revenue.
Shares fell 16 cents to $22.20.