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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Barred broker Dain F. Stokes faces a criminal rap after raising hundreds of thousands of dollars for the phony philanthropic project, investigators say.
April 20 -
The FINRA arbitration decision omits any details or reasoning for the award in a case involving a broker’s email to his former colleagues.
April 20 -
Executives of firms like J.P. Morgan, Morgan Stanley and Bank of America benefited from a stronger market in 2021 that increased incentive pay.
April 19 -
Rushing into the decision can carry painful costs and leave you with a bad fit, according to planners and other experts.
April 18 -
The megabank’s RIA and brokerage segment weathered equity volatility that wiped out $28 billion from the value of client assets in the first quarter.
April 18 -
As CEO Jamie Dimon faced questions about a potential recession, the firm’s wealth management units displayed continuing headcount growth.
April 14 -
Despite notable rises and falls in the rankings, the study’s findings about comprehensive advice give every wealth manager an opportunity for improvement.
April 14 -
With the barred former rep in the Dominican Republic, a court filing asks a state judge to toss a FINRA panel’s decision absolving the firm of responsibility.
April 13 -
Once facing scrutiny for its relationship with a previous majority shareholder, the firm settled the regulator’s allegations about an issuer it called “Company A.”
April 12 -
Regional ties such as being fans of the Buffalo Bills and Sabres led to the deal, which is being backed by the family office of the teams’ owners.
April 11 -
The enterprise left Kestra for Triad Advisors as part of the largest recruiting addition to the independent wealth manager in years.
April 11 -
Fieldpoint Private will offer private banking services to Summit Financial’s advisors, but it will give up its plan to fold into the Merchant-backed firm.
April 8 -
UBS brokers rack up expungements of Puerto Rico complaints
April 7 -
Denise Badgerow won her long legal fight, while a Pennsylvania RIA and the Massachusetts securities regulator are currently weighing their options after decisions.
April 6 -
Financial advisor Jay Womack won a rare rebuke with a punitive payout after a messy split with his former business partner.
April 5 -
Teachers and certain other public, healthcare or nonprofit workers are paying high costs for their retirement plans, according to industry critics.
April 5 -
There are three basic steps that other financial firms have already adopted in larger numbers than wealth managers.
April 4 -
The regulator plans to focus on Reg BI, ESG criteria, private funds, cybersecurity and crypto assets in 2022, according to its closely watched report.
April 4 -
The firm that did business as Federal Employee Benefit Counselors allegedly made hundreds of fraudulent VA sales to federal employees.
March 31 -
The clearing brokerage and custodian to Naseem Salamah’s former RIA employer has provided restitution to the three “elderly” victims, records show.
March 31
