Charles Schwab's March Assets Soar to Second Highest in History.
Charles Schwab reported $53 billion in new client assets last month, the second-highest in company history, despite market turmoil and the ongoing banking crisis. The financial services and brokerage firm also said deposit flows remained consistent. The company remains confident in its client-centric growth model and is performing well, according to a statement. Earlier this week, Charles Schwab earned the highest ranking in investor satisfaction among full-service wealth management firms in the J.D. Power 2023 U.S. Investor Satisfaction Study.