Charles Schwab Assets Surge 48% as Retail Trading Soars

• Charles Schwab’s Q3 earnings surpassed analyst predictions with $134.4 billion in new assets.
• Retail trading activity drove a 48% year-over-year asset growth alongside over 1 million new brokerage accounts.

On October 16, 2025, Cryptopolitan reported that Charles Schwab exceeded third-quarter earnings estimates by adding $134.4 billion in new assets. Analysts had forecast $130.2 billion, but Schwab’s performance marked a 48% year-over-year growth fueled by robust retail trading activity. For the fourth consecutive quarter, the firm achieved over 1 million new brokerage accounts.

Daily average revenue trades climbed 30% to $7.42 trillion, topping analyst predictions of $7.25 trillion. This highlights the growing participation of retail investors across both traditional and digital investment platforms.

Charles Schwab CEO Rick Wurster credited the firm’s strong quarter to organic trends, increased adoption of wealth solutions, and favorable macroeconomic conditions. He emphasized rising interest among retail clients for greater access to private investment opportunities, noting that Schwab is exploring how to integrate these into its offerings.

To enhance its service model further, Schwab revealed plans to open 16 new branches and expand or relocate 25 existing ones. These initiatives reflect its hybrid approach of blending digital tools with in-person services to address evolving client preferences effectively.

Schwab’s results arrive amid strong third-quarter performances from leading financial firms. Morgan Stanley reported $8.2 billion in global wealth-management revenue, BlackRock achieved $205 billion in net inflows, driving a 25% year-over-year revenue increase to $6.51 billion, and JPMorgan announced a 12% rise in net income to $14.39 billion.