Schwab Lays Out The Intermediate Steps On The Way To Becoming An Independent Advisor Hot

"Understanding the Hybrid Practice" describes exactly why the number of dual-registered advisors -- keeping the securities license while pursuing more and more fee income -- soared 14% over the last five years while most other business models in the industry were flat to stagnant.

The paper then walks advisors through the fundamentals of this model as a channel in itself, and not simply as a transitional stage from one approach to another.

All in all, it's nice work.