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 "
-
LPL Financial, Cetera Financial Group, Raymond James, Ameriprise and other industry giants drove a much bigger volume of transitions this year.
December 22 -
Financial advisors and tax professionals serving self-employed and other entrepreneurial clients start with a choice between two methods, then make careful calculations.
December 21 -
The pending acquisition furthers the firm's plans to be a dominant giant, but it also poses tests of its recruiting, capital structure and ongoing reorganization.
December 20 -
Clients who have squirreled away their savings in IRAs and other retirement accounts have new tools at the ready amid shifting rules, four experts said.
December 18 -
The deal displays the growing flexibility LPL is offering financial advisors as part of its ambition to reach the entire wealth management marketplace.
December 18 -
After Cetera's parent closed the acquisition of the tax-focused wealth management firm last month, departing executives received significant bonuses.
December 15 -
The ETF and mutual fund pie will change by early next year, but Cerulli finds ample additional slices that alter the larger picture.
December 14 -
In its latest recruiting win from Osaic's Triad Advisors, the firm established its first office in a new region and picked up a half dozen financial advisors.
December 13 -
Tax-loss harvesting through "highly correlated" products is driving a significant share of trading volume, according to a working academic paper.
December 12 -
The testifying group includes the CFP Board, AARP, the Insured Retirement Institute, the Financial Services Institute, several academics and financial advisors.
December 11 -
The latest M&A tips and news closing out 2023 includes updates on Osaic, Focus, Cetera and Creative Planning and key advice when seeking financing for deals.
December 8 -
A public hearing on the "retirement security rule" is set for next week as opponents call for more time and express concern about the potential impact.
December 7 -
In remarks at a Goldman Sachs investor conference, Dan Arnold discussed the potential rule and shared his view of the industry's competitive landscape.
December 6 -
The new wealth management business opens with help from Integrated Partners as more RIAs and accountants follow the trails blazed by many dual practitioners.
December 5 -
The key questions revolve around allocation, entity structure, planning strategies and a range of other issues requiring professional help, according to five experts.
November 24 -
While the "retirement security rule" comprises the main part of the potential regulation, other shifts in existing standards will affect financial advisors as well.
November 22 -
See which firms in the channel have the most assets under management and meet a six-part criteria eliminating firms that take commissions in any form.
November 22 -
The annual IRS announcement could affect certain clients seeking to avoid bumping up against higher rates when they file their federal income taxes.
November 21 -
Financial advisors and tax professionals working with entrepreneurs and potential startup investors should consider an often-overlooked exemption, experts say.
November 16 -
While the vast majority of firms said they have branched into that area, the results suggest they may be missing part of the business opportunity.
November 16
