Practice

Advisors need to help clients focus on their long-term plans by demonstrating the risks of short-term emotional decisions.

OppenheimerFunds, which introduced its first Class I mutual fund shares in December 2011, has expanded its I Shares product lineup.

Many advisory firms turn to marketing to expand their practice, but few firms are able to develop an effective strategy. Here are five ways to leverage marketing for optimal growth, according to the 2012 FA Insights Study of Advisory Firms: Growth by Design.

"As breakaway brokers continue to seek the benefits of the independent RIA model and a large number of RIAs near retirement, we're seeing unprecedented opportunities to create mutually beneficial relationships between advisors," said Ben Welch, Ameritrade's director of advisor business development. "RIAConnect meets the increasing demand for a more effective way to connect firms and helps support advisor growth potential."

The increase in both market volatility and interest from the Baby Boomers in generating retirement income should be a slam-dunk for variable annuities.

In an effort to give smaller RIAs access to a broader array of services, Ron Carson has launched Carson Institutional Advisory. The new platform includes a succession planning strategy as an added attraction.

The Spectrem Millionaire Investor Confidence Index rose nine points in September, moving into positive territory for the first time in three months.

London-based ETFGI has added Feargal Dempsey as a partner and Legal Counsel.

Planners born before 1946 may be members of the so-called silent generation. They may stand three generations older than the rising Geneneration Y, but they are the demographic that Gen Y trusts the most, according to a new white paper,

Fewer affluent investors now describe their outlook on investments as conservative, and that optimistic outlook has reached the 18 to 34 age set, according to a survey conducted by Merrill Lynch.