- Net new assets brought to the company by new and existing clients in May 2014 totaled $10.9 billion.
- Total client assets were a record $2.35 trillion as of month-end May, up 12% from May 2013 and up 2% compared to April 2014.
- Clients’ daily average trades were 445.7 thousand in May 2014, down 12% compared to May 2013 and down 17% compared to April 2014. May 2014 trading activity included a 14% sequential decrease in daily average revenue trades. Thus far in June, daily average revenue trades are similar to May levels.
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of May 2014 include: