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 advisors felt “some familiarity and also some loyalty” after spending decades affiliated with the wealth manager’s independent brokerage.
January 24 -
The wealth manager has primarily expanded through recruiting and M&A since its last major deal to acquire Hilliard Lyons.
January 24 -
CEO James Gorman set a goal of 30% after the wirehouse’s gains easily outpaced rising expenses from compensation and the E-Trade deal.
January 20 -
A dozen years after CEO Shirl Penney launched the RIA platform and TAMP, it seeks capital to supercharge its rapid growth.
January 20 -
CEO Robert Cook discussed the regulator’s priorities for 2022 as clients and the industry await action in three key areas.
January 19 -
The company divided its largest division into two and added tens of billions of previously unreported dollars to the key business metric.
January 19 -
The firm built an education and wellness platform for Fidelity’s eMoney, and it’s rolling out a new app this year.
January 19 -
There’s “a pretty good chance” that the U.S. will outpace current expectations for this year, the megabank’s CEO says.
January 18 -
The time-saving investment management tool also requires a look under the hood to examine the funds inside the portfolios, financial advisors say.
January 14 -
A 53-year veteran broker who filed a complaint as a client after airline stock values plummeted has received a $595,000 settlement.
January 13 -
The regulator has charged about 100 other wealth managers with failing to explain 12b-1 fees tied to their mutual fund recommendations.
January 12 -
The organization overseeing the most prominent planning certification answers critics who say it’s falling short of its mission.
January 12 -
Raymond James resolved a million-dollar arbitration claim that won’t appear on anyone’s BrokerCheck, thanks to the panel’s decision.
January 11 -
Seeking to drive industry change through speaker lineups, Sonya Dreizler and Liv Gagnon launched a company called Choir.
January 11 -
The combination of technology and rising client interest in digital assets are ratcheting up the risks to investors, according to NASAA.
January 10 -
The boutique institution has 25 financial advisors, but it’s seeking to grow even larger through a deal with Summit Financial and Merchant Investment.
January 10 -
The wirehouse reached an agreement with an SEC-appointed receiver and a state regulator in connection with a massive EB-5 investment scheme.
January 7 -
After the unprecedented success of shareholder votes last year, activists are renewing their pressure on giant fund firms over racial equity.
January 6 -
A lack of awareness that web services are available turns out to be the most commonly cited reason for calling or visiting an SSA office.
January 5 -
The office of supervisory jurisdiction is seeking to avoid any further potential disruption from M&A deals, its founder says.
January 5
