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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J.D. Power broke down self-directed investors into two categories for the first time, making the results especially instructive for advisors.
May 15 -
The largest IBD network is integrating data analytics into its recruiting and client leads after embarking on other major changes in recent months.
May 10 -
The tax-focused planning IBD is shedding low-producing advisors while retooling its pitch to prospects.
May 9 -
NASAA President Joseph Borg also vowed to work with SEC Chairman Jay Clayton’s team on improvements to the Regulation Best Interest proposal.
May 8 -
The move by Alexa von Tobel’s startup to drop planning services reveals a deal marked by challenges from the very beginning, experts say.
May 8 -
The largest insurance company-owned IBD and Alexa von Tobel's startup announced a new setup for the firms roughly three years after the acquisition.
May 6 -
The No. 1 IBD has completed the NPH acquisition, but CEO Dan Arnold unveiled further growth initiatives amid challenges to its dominance.
May 4 -
Jodi Perry took over as national director of the independent contractor division as the firm seeks to keep up its strong momentum.
May 3 -
State regulators and the No. 1 IBD struck a settlement after investigators found the firm guilty of negligence and a failure to supervise.
May 2 -
The firm is prioritizing its most productive advisors after shedding some 30% from its headcount.
May 1 -
Allegations of undisclosed private securities transactions by a former advisor followed two significant mutual fund cases involving the IBD network’s practices.
May 1 -
A massive acquisition also helped boost the No. 1 IBD’s headcount by 833 advisors year-over-year to 15,210.
April 30 -
A 41-year industry veteran says his practice was seeking “a new strategic partner to help us take the next step in our firm’s growth.”
April 26 -
The private equity-backed IBD is "very appealing to advisors in that larger independent setting," its top recruiter says.
April 26 -
The No. 1 IBD announced the new NTF offerings and additional flattened prices for its corporate RIA.
April 26 -
The products have grown in popularity after undergoing significant changes in recent years.
April 25 -
The firm’s headcount declined slightly in the quarter, but advisors’ productivity remains strong and growing.
April 24 -
Jamie Price doesn’t expect the firm's advisors to have any problem with a new standard after taking steps to comply with the more restrictive DOL rule.
April 20 -
The bank’s latest retreat from wealth management will move 51 advisors to the independent space under Woodbury Financial.
April 19 -
The downward trend in the supply chain is already prompting major changes, and it could soon spill over to advisors’ practices.
April 18
