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 "
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The annual SmartAsset study reveals how the industry extends far beyond Wall Street's geography.
May 22 -
The increasingly popular Section 351 process offers many low-basis investment portfolios an exit ramp — without incurring any capital gains.
May 21 -
That giant question could bring any number of different answers based on a variety of factors. Here's how four experts break it down.
May 21 -
"The Four Money Bears: Berryville" will challenge fifth-graders or older children to run a successful business by building inventory and a loyal customer base.
May 19 -
Despite the notable flows and valuations, some sellers get locked into an ill-fitting parent firm without many options for getting away.
May 15 -
The dilemmas from data, client demand and recruiting could provide opportunities for upstarts. Here's how wealth and asset management firms are responding.
May 14 -
The numbers on fraud, long-term care costs and aging in America are daunting. Here's how financial planners can help clients prepare.
May 13 -
The investment strategy may generate much greater loss harvesting than direct indexing, but backers point out that they work much differently.
May 12 -
For many firms, looming advisor retirements and the need to retain client households through the next generations will create difficult problems.
May 9 -
PE funds have outperformed stocks over the past five, 10 and 25 years. But not in three of the past four. Here are some of the key caveats to the appeal of PE.
May 8 -
Only two out of nine firms included the total amount of money involved in revenue sharing — a practice critics say should be ended entirely — in their disclosures.
May 7 -
Four experts say that video training and giving the TLDR versions can go a long way to securing and keeping clients confident and engaged.
May 6 -
The industry conflict of interest takes many common, controversial or outright confusing forms. Here's what financial advisors and investors should know.
May 6 -
In speeches at the CFA Institute LIVE conference, experts pointed to the importance of financial advisors and other industry experts in the present circumstances.
May 5 -
Financial planners who take their customers through a difficult calculation can add a lot of value that may sometimes get overlooked in the profession, one expert said.
April 29 -
Critics have called for an overhaul of the confusing rules that they argue often leave investors paying taxes in the wake of falling into fraudsters' traps.
April 28 -
A disjointed response, a lack of an agreed definition and unreliable statistics on losses hinder antifraud efforts by the government and industry, the GAO says.
April 25 -
Jim Cracchiolo told analysts that the firm's retention "is quite good," even though his company, like many of its rivals, stopped providing statistics to verify such claims.
April 24 -
The headache of filing dozens of state or international returns due to the so-called jock tax comes with opportunities to tap into savings, experts say.
April 23 -
Studies on the "buy, borrow and die" strategy and state-level taxes reveal the complexities involved with extending the Tax Cuts and Jobs Act by the end of 2025.
April 21
