Exchange traded fund investment advisors converged on the TD Ameritrade Institutional 2013 National Conference where registered investment advisors heard about the changing global economy and strategies and tools to effectively navigate the markets.

At the conference, TD Ameritrade Institutional President Tom Nally announced the upcoming launch of web-version of iRebal, a portfolio rebalancing software program, that will “help advisors achieve greater scale for their investment management businesses, allowing a wider range of investors to benefit from the services of a financial advisor.”

The iRebal program promises to make allocation changes quickly to react to changing market conditions.

Nally also discussed a series of initiatives to support the next generation of financial advisors, including the TD Ameritrade Institutional NextGen Scholarship Program and Financial Planning Education Grant to jump start financial planning curriculum among universities.

“Advisors tell us recruiting is a top business challenge,” Nally added. ” They are concerned about succession planning and want to leave their clients in capable hands once they decide to retire or exit the business.”