Charles Schwab Corp. said its client assets increased 21% from a year earlier but declined 1% from a month earlier, to $1.371 trillion as of July 31.
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The San Francisco company said Tuesday that it collected a net total of $12.8 billion of assets last month from new and current clients.
The average daily number of client trades rose 21% from a year earlier and 19% from a month earlier, to 300,100.
Charles Schwab has more than 300 offices, 6.9 million client brokerage accounts, nearly 1.2 million corporate retirement plan participants, and 187,000 banking accounts.
