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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As wealth managers compete for advisors, the firm picked a former one to lead it.
February 18 -
The agreement will expand the companies’ recruiting efforts in the bank and wirehouse channels.
February 17 -
The chief of a major wealth manager and an influential industry advocacy group fielded FP’s queries about cryptocurrency, regulation and mutual funds.
February 12 -
With few areas of growth in 2020, insurers are focusing on burgeoning RILAs and finding more distribution channels, experts say.
February 11 -
The 33-year-old advisor allegedly spent clients’ money on luxury items and business expenses for his startup.
February 11 -
More than one-third of U.S. brokerage clients opened their first accounts in 2020, according to new research from the FINRA Foundation.
February 10 -
The troubled alts manager’s charges will trigger many more arbitration proceedings and potential regulatory cases, plaintiff attorneys say.
February 9 -
The private equity-backed firm’s deal could tack on some 900 advisors to its ranks.
February 8 -
As the No. 1 IBD rolls out M&A services to advisors this quarter and reels in record recruits, Dan Arnold says the firm is experimenting.
February 5 -
The practice received a recommendation from a surprising source and wound up picking its suitor after only a three-month search.
February 5 -
Wealth managers acting as “downstream broker-dealers” allegedly made $187 million in commissions and other selling fees on GPB Capital investments.
February 4 -
Recruiting and retention of talent looms large for Advisor Group after it rolled up three firms in the wake of a massive acquisition.
February 4 -
Consumer advocates are calling for Gary Gensler to toss out Reg BI as wealth managers aim to keep the prior administration’s rule in place.
February 3 -
The acquisition of another midsize wealth manager will boost the holding company above 2,500 reps with nearly $95 billion in AUA.
February 3 -
The brokers collectively generated more than $88 million in annual revenue while overseeing nearly $15 billion in assets under management.
February 2 -
A dead client, an advisor accused of murder and fraud, and an industry that didn’t see it coming.
February 2 -
Despite the credit-positive reading by one agency, the IBDs are competing against less leveraged rivals.
February 1 -
At an average age of 37, the top-producing brokers operate in 18 different states, plus the District of Columbia and Guam.
February 1 -
Sammons is trying to solve the longtime question of how best to combine planning with certain products through technology.
February 1 -
The nearly 10,000 advisors affiliated with the firm grow 2.5 times as fast as their peers at rival brokerages, CEO Jim Cracchiolo says.
January 29
