The majority of deal-related outflows have been attributed to Ameritrade advisory clients.
Some of the most outspoken proponents of ESG are curbing their enthusiasm amid backlash from investors and politicians.
The firm last tapped capital markets in May, selling a $2.5 billion blue-chip bond.
A new Biden administration executive order limits U.S. investments in China in key technology industries.
Schwab's attrition amounts to about 4% of Ameritrade revenue prior to the deal.
Investors believe the worst of the bank deposit outflow is over.
Clients added $48 billion to the firm's ETFs, including $35 billion to fixed-income investments.
The fund primarily makes floating-rate loans to middle-market, private US companies.
The firm said in January that it would dismiss 500 employees, or roughly 2.5% of its global workforce.
Traditional fund managers face pressure to consolidate and tap new markets.