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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Nearly three decades after launching their practice, the two founders say they’re looking forward to spending more time with clients.
January 13 -
Advisors may sometimes overlook clients with special needs, despite the size of the community and available tools like ABLE Accounts.
January 12 -
Whitnell & Co. changed hands in a deal with a regional bank that also struck a strategic partnership with the wealth manager.
January 11 -
The combination of wealth management with supporting sectors attracted investors to two major deals.
January 7 -
The IBD completed a stellar recruiting year by adding a team led by a 30-year veteran advisor.
January 6 -
The firm’s use of third-party compliance vendors came under scrutiny after an ex-rep pleaded guilty to bilking clients out of $5 million.
January 5 -
The private equity-backed RIA agreed to purchase its first firm of the year after being one of the most active acquirers in 2020.
January 4 -
In the first wave of cases under the regulator’s self-reporting initiative, it garnered more than $2.7 million in payments of restitution plus interest.
December 30 -
SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.
December 30 -
Just like the industries that they cover, the lack of Black representation among news outlets acts as a barrier against understanding and eliminating systemic racism.
December 28 -
The wealth manager whose parent firm also owns an insurer and asset manager settled its third case involving the same time period.
December 23 -
The allegations involving 12b-1 fees, cash sweeps and commissions also include violations of best execution rules.
December 23 -
With an eye on pathways to fee-only practices and away from an “eat what you kill” philosophy, four planners aim to usher in a more diverse profession.
December 22 -
Despite pledges, the IBD network didn’t collect enough data for suitability reviews of the outside transaction for more than five years, according to the regulator.
December 22 -
LPL Financial and indie rivals like Raymond James, Wells Fargo FiNet and Kestra Financial completed at least 17 recruiting grabs of $800 million or more this year.
December 18 -
It’s one of the largest teams to quit a wirehouse this year.
December 14 -
Regulatory shifts, M&A, new technology — there’s a lot on the horizon for the industry.
December 13 -
The OSJ scooped up teams from Edward Jones, Wells Fargo Advisors and Wedbush Securities.
December 11 -
The latest deal by a wealth manager for an employee services firm enables the Raymond James Private Client Group to expand its reach.
December 11 -
Homogeneous industries and male executives are the primary target clients of the new consultancy, Kathleen Zemaitis says.
December 9
