Charles Schwab Corp. plans to launch a series of independent (franchise) branches starting around the end of this year. The branches would be located in areas separate from where Schwab's existing employee-run offices for  retail clients are based. Schwab's looking to draw new assets with the plan. I'm writing about the branch project for Registered Rep. and would like to speak with RIAs who custody with Schwab. To what extent, if any, do you feel your custodian is competing with you?

Thanks for your interest,

Jerry Gleeson, Senior Editor, Registered Rep.

[email protected], 212-204-4261