Attrition of TD Ameritrade customers continued to take a toll on Charles Schwab, which reported core net new assets fell in October to $11.3 billion, a sizable drop from the recent past.
That’s lower than the $27.1 billion Schwab hauled in for September and well below the $42 billion it notched for October 2022, according to the company’s monthly activity report.
Schwab…
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