Charles Schwab to Give Update on Client Assets Amid TD Ameritrade Integration

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…

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