Charles Schwab’s Update on Client Assets Will Be Scrutinized for Outflows


Charles Schwab, whose stock has been battered this year, is expected to provide an update Friday on its total client assets and net new money. Investors will be parsing the data for signs that Schwab is keeping attrition of TD Ameritrade clients and advisors to a minimum. More broadly, investors are laser-focused on any customer attrition since Schwab’s bank has been suffering outflows over the past year.

Schwab (ticker: SCHW), which issues a monthly activity report, has been transitioning accounts to its platform from TD…

Welcome to Barron’s Advisor! Our content is free but available only to wealth management professionals. To read this article, please provide the information below so we can confirm that you work in the industry. All fields are required. If you’re not a wealth management professional, you can find other great financial content at If you have any questions, please contact us a