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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It’s one of the largest recruiting moves of the year in the independent broker-dealer sector.
November 16 -
Five firms agreed to pay $3 million to settle an SEC investigation into unsuitable sales of complex exchange-traded products.
November 16 -
The 40-advisor OSJ brings more than double the assets of any other new group unveiled across the IBD network in 2020.
November 11 -
Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.
November 9 -
But the regulator also ordered record payouts in 2020, including restitution through a self-reporting program that drew industry ire.
November 5 -
The private equity-backed firm’s bottom line has been less affected by coronavirus-related low interest rates than its rivals, Moody’s says.
November 4 -
CEO Dan Arnold cites growth in traditional channels and in recently launched models that could bring even more opportunities.
November 3 -
Even with those challenges, rep productivity and client cash balances expanded in the third quarter.
October 30 -
CEO Jamie Price says the change will reduce potential conflicts of interest related to transaction fees and come with lower prices in wrap accounts.
October 29 -
The nation’s largest IBD made its first tech deal this year for a firm that has $120 billion in assets on its platform.
October 27 -
Know a talented young advisor? Now’s your chance to nominate them for our annual rankings.
October 27 -
In the first episode of the five-part documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.
October 26 -
This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.
October 23 -
The No. 1 IBD is keeping up the recruiting momentum that’s sustaining record headcounts and billion-dollar moves.
October 23 -
If approved for an IPO, the blank check company will face stiff competition among the growing ranks of RIA acquirers.
October 22 -
The former J.W. Cole advisor’s practice allegedly sold more than $40 million worth of unsuitable and unregistered promissory notes.
October 22 -
The move represents the third largest out of the IBD channel in 2020, according to company recruiting announcements tracked by Financial Planning.
October 20 -
Genstar Capital Managing Partner Tony Salewski spoke openly with advisors about the firm’s investment strategy for the IBD network.
October 15 -
It comes as part of “an unprecedented series of extremely low” annual increases, according to an analyst with the nonpartisan Senior Citizens League.
October 13 -
The group of fee-only practices and networks have 1,187 IARs who manage a combined $95.7 billion.
October 13
