Charles Schwab, whose stock has been battered this year, is expected to provide an update Friday on its total client assets and net new money. Investors will be parsing the data for signs that Schwab is keeping attrition of TD Ameritrade clients and advisors to a minimum. More broadly, investors are laser-focused on any customer attrition since Schwab’s bank has been suffering outflows over the past year.
Schwab (ticker: SCHW), which issues a monthly activity report, has been transitioning accounts to its platform from TD…
Source: finance.yahoo.com
Related posts:
Market Update: CMG, HP, VIAV, LLY, WEC, LEA
Student loans: Biden officially launches new, affordable payment plan
Berkshire Hathaway's Charlie Munger gives $40 million in stock to California museum
Miami to escape the home price correction in 2023 while ‘overheated’ housing markets like Austin get...
College degrees could become obsolete—and it could be the first step in giving your job to someone e...