Toby is a veteran journalist with more than a dozen years of experience in the field who joined Financial Planning in 2017 after prior tenures with the New York Daily News, Commercial Observer and City Limits. He earned an undergraduate degree in the humanities from the University of Texas at Austin and a master's degree in journalism from the Craig Newmark Graduate School of Journalism at the City University of New York. He has won a dozen business journalism awards during his time with Financial Planning, including those received for the 2020 podcast series "
-
The influential planning entrepreneur and the FPA are leading an effort to change a tiered fee structure for continuing education providers that started three years ago.
April 30 -
Schwab services 16,000 RIAs with 2,000 different fee structures. According to the industry's largest custodian, the exact costs come down to "a very personalized negotiation" with the firms.
April 29 -
The firms' collaboration shines a light on how the wealth management business works today and how it is evolving, as advisors weigh independence against the risks of "poking the bear" when they leave.
April 28 -
Court decisions vacated the Biden administration's DOL rule — but that didn't make rollover rules easy, experts say. Firms that get compliance right will have an edge in tapping a trillion-dollar-plus market.
April 27 -
The latest Cerulli Associates study tracking investors' willingness to pay for financial advice offered a mix of potential challenges with new business opportunities.
April 23 -
Jess Polito of Turkey Hill Management says she believes her firm is the only M&A advisory firm that exclusively uses retainer fees, rather than commissions.
April 22 -
A consulting and M&A advisory firm presented six prospective sellers to 17 buyers, with striking results for any advisory teams tapping into a frothy M&A market.
April 21 -
The annual Diamond Consultants advisor transition tracking study identified the winners and losers of 2025. But it also noted how quickly things can change.
April 20 -
While the megabank had previously announced an executive shakeup, it revealed that Pershing is part of a newly combined business line moving forward.
April 16 -
Behavioral finance expert Tim Maurer shares how planners can adjust their language and approach to help clients move toward their goals.
April 15 -
Finance and education veteran Walter Rendon wants to ensure that more young people get the training and mentorships that helped him break into the field.
April 14 -
The rising tide of asset values led to compensation increases above 200% in some cases, but small ticks down for the chiefs of two firms.
April 13 -
Exchange funds could help address some wealthy clients' concentration risks and tax quandaries at the same time.
April 9 -
One of the asset management firms also took home the independent research firm's overall award for "exemplary stewardship."
April 8 -
A Wells Fargo executive is using her own cancer diagnosis as a wake-up call and teaching case for financial advisors and their clients' estate plans.
April 7 -
FINRA and consumer advocates are raising alarms about online scams that are driving fraud losses into the hundreds of billions of dollars.
April 6 -
The Trump DOL has said it "has no current plans" for further rulemaking, but that contradicts its own notice of potential regulation last year.
April 2 -
Most financial advisors and their clients are well aware of the in-progress great wealth transfer. But they also admit they're not ready for it.
April 1 -
A new study finds that the industry's efforts to recruit more women is paying off — but it will take further investments to reap the potential business opportunities.
March 23 -
The National Legal and Policy Center has successfully urged companies like Goldman Sachs and American Express to remove DEI from their board selection process, but now it argues that SEC actions are restricting shareholder rights too much.
March 20
