AI Agents Could Wipe Out Schwab’s $9 Billion ‘Lazy Cash’ Windfall, Citrini Says
The Schwab cash windfall is worth about $9 billion a year, Citrini Research estimates. AI agents like Muse could move that money to IBKR.
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Why It Matters
Schwab makes about $9 billion yearly from customers keeping cash sitting idle. New AI tools might help people move that money elsewhere more easily.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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