Sauté the aromatics. Heat olive oil and butter in a nonstick pan over medium heat. Add chopped shallots and saute for 1 minute or until crisp-tender. Add garlic and saute for 20 seconds, or until fragrant.
Add rice and broth. Stir in rice and continue to cook for 1 minute. Add chicken broth, salt, and pepper. Bring mixture to a boil; reduce heat and simmer for 10 minutes, or until liquid is absorbed.
Finish and serve. Remove from heat and add toasted almonds and parsley; stir and fluff with a fork. Taste for seasonings and adjust accordingly. Serve.