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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CapWealth Advisors founder Tim Pagliara said a federal jury sided with the firm because its clients had, in fact, paid lower overall fees on their mutual funds.
November 10 -
The deal valued at $140 million plus earnout payments will enable the No. 1 IBD to tap into an OSJ's growth while remaining its brokerage, custodian and RIA.
November 9 -
While most midsize firms are folding into the largest players, the company could take an alternate path if it builds on its record recruiting.
November 9 -
The third title in six years for the respected program highlights how financial advisors and wealth management firms are investing in the future of the industry.
November 8 -
DFD Partners offers its tech amid calls for greater disclosure of demographics and more access to portfolio allocations for historically excluded groups.
November 7 -
The RIA aggregator tacked on an additional $21 million in annual revenue through just two of the transactions.
November 4 -
After its spinoff from giant accounting firm RSM, the newly standalone firm struck an agreement to add on to its existing base of $13.5 billion in client assets.
November 3 -
Consumer advocates cheered the outcome of the case and the regulator's enforcement push in recent years. Commonwealth's case is still pending.
November 2 -
An attorney for Keith Todd Ashley said he plans to appeal his fraud conviction and plead not guilty to capital homicide.
November 1 -
The announcement, higher wealth profits due to rising interest rates and record recruited client assets ushered the tax-focused firm into its latest phase of change.
November 1 -
The firm's latest supervisory case involving its oversight of former brokers comes as regulators and client attorneys have more tools under the 2-year-old rule.
October 31 -
Securian's alleged tactics with departing managing partners highlight a troubling trend among firms claiming to offer flexibility and freedom.
October 28 -
The firm is also trying to upgrade its services for advisors through new digital chatting tools to get in touch with the corporate office without any phone calls.
October 28 -
Higher interest rates pushed up profits as the company revealed the timing for completion of the massive $2.5-billion integration of its 2020 acquisition.
October 28 -
A behavioral science researcher and an HBCU planning professor gave financial advisors tangible steps that can alter the industry's legacy of exclusion.
October 27 -
In a panel at PIABA's annual conference, the head of the regulator's arbitration program discussed how the bombshell case has led to reforms.
October 26 -
The brokerage added more than 200 independent financial advisors for the second quarter in a row while driving up the productivity of its existing ranks.
October 26 -
Private Advisor Group is going through a CEO succession, while $2.5B firm CCR secured financing from the parent of its longtime brokerage.
October 25 -
Securities America has paid more than $15 million in an SEC case and settlements with the fraud victims of Hector May and his daughter, Vania May Bell.
October 20 -
The new firm joins a movement that also drew a growth capital investment of $200 million into burgeoning RIA aggregator Sequoia.
October 19
