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 PE-backed hybrid RIA is acquiring a practice with nine financial advisors managing $1.46 billion in client assets.
June 9 -
A state treasurer’s program in collaboration with the Ford Foundation has attracted 18 firms including UBS, BlackRock, Morgan Stanley, Citi and Goldman Sachs.
June 8 -
The trio of advisors leaving Commonwealth for the regional firm are its largest “reverse breakaways” ever.
June 7 -
The judge declined the barred rep’s request for sentence reduction based on his “severe” bipolar disorder and restitution efforts.
June 4 -
The barred ex-rep funneled clients’ money into a shell company he falsely called a sub advisor, according to investigators.
June 4 -
The barred ex-Mutual of Omaha rep stole from 27 mostly older fellow members of his church, YMCA and local business organizations, investigators say.
June 4 -
Concurrent is catering to breakaway teams assessing their options after back-office frustrations during the coronavirus, co-founder Mike Hlavek says.
June 3 -
The private equity-backed wealth and 401(k) manager drew away an ex-Hightower team as part of its surging growth in the past year.
June 3 -
Four advisors launched a program for RIAs this summer with industry-changing potential.
June 2 -
With class actions up for appeal and a daunting process facing some ex-servicemembers, the Biden administration faces tests of its commitment to equality.
June 1 -
A research and methodology company with a star-studded board launched the product with an eye toward advisors, retail clients and institutional investors.
June 1 -
The firm serves UHNW clients, and the advisors embarked on a search in order to enable clients to have more access to private investments.
May 27 -
Advisors with disciplinary histories who keep other registrations after leaving FINRA BrokerCheck are much more likely to commit infractions, researchers say.
May 25 -
Although they praise certain changes in a rule up for SEC approval, client attorneys and researchers say the process has further flaws.
May 24 -
With technology upgrades and the hiring of former TD Ameritrade recruiters, the No. 1 IBD eyes further expansion in the RIA channel.
May 21 -
Financial advisors, asset managers and researchers are racing to fill in the information gaps Americans reported in a new J.D. Power survey.
May 21 -
FINRA arbitrators ordered the wealth manager and closed-end funds manager to pay damages as it resolves outstanding claims stemming from the island’s fiscal crisis.
May 21 -
The advisor, who is Egyptian American, lost most of his client accounts to a white rep who poached them with support from management, a new lawsuit claims.
May 20 -
After Brooklynn Chandler Willy recommended that the clients invest $100,000 into an LLC, its principals were arrested on federal fraud charges, the filing says.
May 20 -
In a panel discussion, three financial advisors explained why the products are often misunderstood and how to assist clients in evaluating their policies.
May 19
