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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Seven former Wells Fargo Private Bank planners left to join a firm seeking to expand where they say large banks and brokerages have pulled back.
October 22 -
A quartet of advisors with $400 million in assets chose the independent firm out of many suitors.
October 22 -
Giant wealth managers and megabanks have a long way to go if they’re truly going to set a new course for the industry’s relationship to a historically excluded group.
October 21 -
The WilmerHale partner discussed Regulation Best Interest, fraud detection and other industry compliance issues.
October 20 -
The head of the regulator pledged vigorous enforcement of the controversial rule.
October 19 -
The giant custodian unveiled a new turnkey asset management and technology platform it says will boost its market share among RIAs and other advisory firms.
October 19 -
Commissioner Hester Peirce and CEO Robert Cook spoke amid a growing debate surrounding digital assets and their underlying technology.
October 18 -
CEO David Solomon sees opportunity in the industry for further acquisitions and organic growth after the firm’s significant pivot in the last two years.
October 18 -
The bank’s wealth management unit has “underinvested” in its online and independent divisions, CEO Charlie Scharf said.
October 15 -
James Gorman says the wealth manager is seeing much better retention and recruiting due to its “multiple channels of growth” after several acquisitions.
October 14 -
The grand jury indictment and a new filing by the SEC offer additional details on the case.
October 14 -
The higher number of brokers in two of the megabank’s largest business segments reeled in higher client assets based on equity values and inflows.
October 13 -
The widely expected bump in benefits won’t alter the program’s fiscal sustainability.
October 13 -
Teams managing $7.5 billion in client assets flocked to Financial Advocates through referrals from other reps who had previously moved to the firm.
October 13 -
FP’s annual list recognizes the accomplishments of an elite cohort of young wirehouse and regional advisors.
October 12 -
New research compiled by consulting firm Aite-Novarica Group reveals how dually-registered and fee-only firms diverge in business model and clientele.
October 7 -
The former 13-year veteran of Wells Fargo’s IBD has ambitious plans for the firm’s expansion beyond its traditional market
October 6 -
The PE-backed consolidators picked up firms with a combined $6.7 billion in client assets as high valuations and expansion plans bring sellers to the table.
October 5 -
An ex-executive with a firm acquired by the network three years earlier will lead FSC Securities as it seeks to grow in a competitive industry.
October 5 -
Here’s what one advisory firm found were the most common financial planning questions among a historically underserved group.
October 4
