Charles Schwab Corporation (NYSE: SCHW) reported record May activity highlights according to its monthly report released today. The financial services company attracted $49.9 billion in core net new assets during May 2026, representing a 43% increase compared to May 2025.

Total client assets reached $13.14 trillion at the end of May, up 27% from the previous year and 4% from April 2026. The company opened 461,000 new brokerage accounts during the month, marking a 37% increase versus May 2025.

Client margin loan balances grew to $154.6 billion, up 38% from year-end, including $37.4 billion related to long/short strategies. Daily average trades hit a record 11.8 million, driven primarily by engagement in equities and exchange-traded fund products.

The company serves 39.5 million active brokerage accounts, 5.9 million workplace plan participant accounts, and 2.3 million banking accounts as of May 31, 2026. Assets receiving ongoing advisory services totaled $6.64 trillion, with $925.8 billion in Investor Services and $5.72 trillion in Advisor Services.

Transactional sweep cash balances reached $472.4 billion at month-end, while total money market fund balances stood at $694.6 billion. Client cash represented 8.9% of total client assets, down from 10.1% in May 2025.