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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Another big name in private equity is betting on an independent wealth manager and buying out a minority investor that fueled the RIA consolidator’s expansion.
November 17 -
Tools such as a “recommendation engine” in the works at Envestnet | Yodlee could soon be giving financial advisors an edge with clients.
November 16 -
In the wake of the regulator’s latest risk alert, compliance experts identify several steps advisors can take to stay clear of more cases and deficiencies.
November 15 -
Firms like J.P. Morgan Chase, Stash and M1 are aiming to serve clients with advice and new tools for all ages and income levels.
November 15 -
A Canadian investment manager disclosed the price tag of its minority stake in one of the fastest growing RIA consolidators.
November 12 -
A nonprofit research group compiled a growing list of products amid the question of whether the deluge of information and resources will result in systemic change.
November 11 -
The firm added hundreds more advisors and boosted the number of practices with at least $5 million on its platforms.
November 10 -
A college professor and investment firm partner views real estate and venture funding as a crucial means of building generational wealth.
November 10 -
Higher expenses trimmed the firm’s earnings, but its CEO described $49 billion in assets as only “a drop in the bucket” compared to future adoption among advisors.
November 9 -
As the U.S. commonwealth’s fiscal restructuring awaits court approval, a fixed-income brokerage firm’s CEO is trying to drum up votes — or at least a quorum.
November 9 -
The 25 biggest firms in terms of client assets manage a larger amount than the size of any country’s gross domestic product and a third of the world’s total.
November 8 -
The midsize firm’s headcount fell for the fourth straight quarter, even as nearly every other key metric expanded from the year-ago period.
November 5 -
The RIA aggregator has closed or announced more than 30 transactions in 2021, and Rudy Adolf’s team sees the greatest opportunity among its traditional M&A targets.
November 5 -
Wealth managers operating as broker-dealers are still offering the same “complex, costly and risky” products without enough disclosure, NASAA’s report found.
November 4 -
ACG, the founding practice of a midsize firm, will keep some ties in place as it seeks further expansion under one of the most active acquirers in wealth management.
November 3 -
The startup founder shares the key lessons learned from remote work and what led to the creation of a new FPA Knowledge Circle group.
November 3 -
At SIFMA’s annual conference, Charles Schwab CEO Walt Bettinger warned about potential overreach when it comes to regulating payments for order flow.
November 2 -
Advisors and clients can now track the performance of companies moving away from the “toxic and dangerous ways” of the past, according to the founders.
November 1 -
As independent wealth managers pitch potential recruits on their scale, the IBD network built tools and hired “growth officers” to work with practices.
November 1 -
Hundreds more financial advisors have flocked to the wealth manager this year, driving new highs in headcount, client assets and several other metrics.
October 29
