Charles Schwab Corporation ($SCHW) reported significant financial activity for October 2024, with core net new assets totaling $24.6 billion. Excluding mutual fund clearing, the figure stands at $21.0 billion. The firm's total client assets reached $9.85 trillion, marking a 29% increase year-over-year, though this reflects a 1% decline compared to September 2024. Additionally, Schwab's transactional sweep cash rose to $394.0 billion, representing a $10 billion increase over the previous month. The company's stock saw a pre-market increase of 6.1% following the announcement.