Charles Schwab rises on robust client asset growth in July

Brokerage firm Charles Schwab SCHW.N shares up ~2.6% to $98.04

SCHW reports total client assets up 15% to $10.96 trillion as of July end, compared with previous year

Charles Schwab's core net new assets increased 62%, to $46.9 billion, which was a record for July

"We expect this favorable trend to continue, with a resumption of Fed easing potentially providing additional support as money could move in off the sidelines," said William Blair analysts in a note

18 of 22 brokerages rate the stock "buy" or higher, three "hold" and one "sell"; their median PT is $109 - LSEG data

Including session's moves, stock up ~32.5% YTD