Charles Schwab Nov. Net New Assets Amounts To $11.7 Bln - Quick Facts

(RTTNews) - Brokerage and investment manager Charles Schwab Corp. (SCHW), in its market activity report for November 2013, said net new assets brought to the company by new and existing clients totaled $11.7 billion. Net new assets for the recent month included a $2.5 billion inflow related to a mutual fund clearing services client.

Total client assets reached $2.22 trillion as of month-end November, up 15% from November 2012. Clients' daily average trades were 467.3 thousand in November 2013, a 8% increase compared with November 2012. November 2013 trading activity included a 1% sequential decline in daily average revenue trades.