After meeting with Charles Schwab management, Morgan Stanley analyst Michael Cyprys said he expects organic asset growth to persist in the 7% area as the company continues to take share of those in the market and capture new investors in the market. He also expects expense discipline to resume in 2019 with a slower pace of expense growth and thinks the company will likely have excess capital that could support raising the dividend and starting a share buyback program. Cyprys maintains an Overweight rating on Charles Schwab shares with a price target of $65.