Schwab Reports November Daily Trades up 10%

The Charles Schwab Corporation SCHW  released its Monthly Market Activity Report today. Company highlights for the month of November 2010 include:

• Net new assets brought to the company by new and existing clients in November 2010 totaled $8.0 billion, including $2.0 billion relating to the acquisition of Windhaven Investment Management, Inc.
• Total client assets were $1.513 trillion as of month-end November, up 8% from November 2009 and flat to October 2010.
• Client daily average trades were 413.9 thousand in November 2010, up 10% from November 2009 and up 11% from October 2010.