At a glance
- Month-end figures for August 2026 cover Charles Schwab, Raymond James and Stifel.
- Charles Schwab reported total client assets of $13.41 trillion at Aug. 31, 2026, up 2.8% from a month earlier and up 19.4% from a year earlier, with net new assets of $64.7 billion in August, according to its filing with the SEC.
- Raymond James spent $117 million on recruiting and retention-related compensation in the quarter, up from $97 million a year earlier.
The recruiting scoreboard tracks the wealth firms that publish their asset and advisor figures. Month-end figures for August 2026 cover Charles Schwab, Raymond James and Stifel.
| Firm | Period | Client assets | vs. prior month | vs. year earlier | Net new assets | Advisors | Recruited assets |
|---|---|---|---|---|---|---|---|
| Charles Schwab | August 2026 | $13.41 trillion | +2.8% | +19.4% | $64.7 billion | — | — |
| Raymond James | August 2026 | $1.97 trillion | +2.0% | +16.5% | — | — | — |
| Stifel | August 2026 | $587.6 billion | +1.6% | +10.3% | — | — | — |
Charles Schwab reported total client assets of $13.41 trillion at Aug. 31, 2026, up 2.8% from a month earlier and up 19.4% from a year earlier, with net new assets of $64.7 billion in August, according to its filing with the SEC.
Raymond James reported client assets under administration of $1.97 trillion at Aug. 31, 2026, up 2.0% from a month earlier and up 16.5% from a year earlier, according to its filing with the SEC.
Stifel reported total client assets of $587.6 billion at Aug. 31, 2026, up 1.6% from a month earlier and up 10.3% from a year earlier, according to its filing with the SEC.
Raymond James spent $117 million on recruiting and retention-related compensation in the quarter, up from $97 million a year earlier. It reported net new assets of $21.7 billion for the quarter, according to its results for the quarter ended June 30, 2026, filed with the SEC.
Sources: Form 8-K exhibits filed with the SEC by Raymond James (Sept. 24, 2025), Stifel (Sept. 25, 2025), Charles Schwab (July 21, 2026), Raymond James (July 22, 2026), Raymond James (Aug. 19, 2026), Stifel (Aug. 27, 2026), Raymond James (Sept. 23, 2026), Stifel (Sept. 24, 2026) and Charles Schwab (Oct. 15, 2026). Net new assets are as each firm defines them; LPL's are organic.
Reported by the Recruiting & transitions desk. Published . Corrections