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We’ve all got that crazy uncle. Within the financial planning community, its Thomas Leonard.

I have a very simple question to ask all of you. Suppose, by some miracle, that you were given an extra two hours a week to spend in your office. How would you spend that time?

The Conference Board Leading Economic Index rose 0.4% in March to 114.1 (2004 = 100), following a 1.0% rise in February and a 0.2% gain in January. This puts the index at an all-time high, The Conference Board

Forget reinventing the wheel. Just copy what other top producers are doing. Better yet, hire a coach who has already identified those “best practices” and then pay them a fee to share the ideas and hold you accountable for implementing them. Is that really the key to success as an advisor?

The firm posted wealth management revenue gains for the first quarter compared with the same period in 2010, while its financial advisor ranks lowered to 17,800 reflecting cuts.

After weathering a dismal 2008, a disastrous 2009 and a decent 2010, things are definitely looking up for hedge funds this year thanks to improving economic conditions around the world and an influx of new capital from institutional investors, pension funds and sovereign wealth funds.

A majority of high and ultra high net worth Baby Boomers who claim to have made their fortunes on their own don't think it's important to leave an inheritance to their children and -- even among those who don't intend to stiff their offspring -- many haven't even begun to organize their affairs for an efficient transfer of their wealth when they die.

Most prefer to make less in the short-term in exchange for more financial secuirty over longer periods of time.

Raymond James Financial had no trouble topping analysts' second-quarter sales and earnings estimates Wednesday, posting a profit of $80.9 million, or 64 cents a share, on sales of $852 million.

Schwab announced that since it launched Schwab Advisor University in June, over 5,600 RIA employees from more than 2,500 firms participated in its online courses to help improve firm operations.