Fidelity Investments announced Monday that its HybridOne platform, launched in June, has attracted $13 billion in assets. The platform is designed for firms with a mix of commission and fee business, which is one of the fastest-growing brokerage segments in the U.S.

“We believe the ongoing market fluctuations will only accelerate movement amongst the broker community and, as a result, accelerate interest in HybridOne,” said Ronald P. Fiske, Jr., executive vice president with Fidelity Institutional Wealth Services. “Given that so many of advisers and brokers are incorporating both commission- and fee-based business models, firms are rapidly adapting to hybrid platforms that can make it easier to meet the needs of customers.”

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