This explanation has been supported by advisors who have chosen not to participate in the Schwab Advisor Network.

FORBES: Before You Talk To Chuck, Read This

This includes its Intelligent Investing section and Financial Advisor Network.

FORBES: Peter Peterson: A Billion Dollars To Restore The American Dream

The fact that the Schwab Advisor Network is comprised of Schwab Institutional customers is not a major conflict since most advisors custody at Schwab, the largest provider of these services.

FORBES: Before You Talk To Chuck, Read This