The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of January 2013 include:
- Net new assets brought to the company by new and existing clients in January 2013 totaled $12.1 billion, including a $2.2 billion inflow related to a mutual fund clearing services client.
- Total client assets were a record $2.01 trillion as of month-end January, up 16% from January 2012 and up 3% compared to December 2012.
- Client daily average trades were 504.7 thousand in January 2013, up 8% compared to January 2012 and up 5% compared to December 2012. January 2013 trading activity included a 12% sequential increase in daily average revenue trades.