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 latest roundup of 32 IBD affiliation moves, M&A deals and expert studies reveals the mixed impact of the coronavirus.
July 24 -
The list shows how firms of all sizes face a pivotal balancing act in seeking to recruit and retain advisors.
July 20 -
Northwestern Mutual’s practices raise difficult questions about the nature of retail advice just as wealth management faces greater scrutiny under new rules.
July 17 -
In a sign of long term changes and pivotal questions for the industry, the difference between the amount of fees and commissions in the sector has nearly doubled.
July 10 -
The survey's perennial champions scored higher than competitors like Wells Fargo, Ameriprise and LPL on every metric.
July 7 -
The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.
July 6 -
Grappling with margin pressure, consolidation and fragmentation, the sector questions its identity.
June 30 -
Wealth management firms should define success by how well their operations perform under pressure, Kestra Financial COO Kris Chester says in an episode of Financial Planning’s podcast.
June 30 -
The basic yet revealing query shows why it’s not just about FINRA registration as a BD and 1099 contractor status for advisors.
June 30 -
For the first time, the ranks of the top 25 firms according to their annual business include single entries for IBD networks.
June 30 -
This interactive tool provides the full collection of data from Financial Planning's 35th annual study of the largest firms in the space.
June 30 -
A new book could help advisors better grasp the difficulty with the topic of money among underserved client groups.
June 25 -
LPL has reeled in about half of the reps changing their BDs so far this year, but the full RIA channel is also reaping big gains. Plus, other news in the indie space.
June 24 -
The program faces big challenges, including the coronavirus pandemic which could deplete the program’s $3-trillion trust fund as early as 2028.
June 19 -
SagePoint Financial failed to adequately supervise reps who recommended that clients exchange the products before maturity, the regulator says.
June 16 -
The insurer-owned IBD identifies leaders in target markets as it offers independence “with a hug,” according to its head of recruiting.
June 11 -
A federal court decision that could be subject to appeal secured Social Security benefits for certain same-sex marriages that hadn't previously been eligible.
June 8 -
The data on Black and Latino advisors helps track the industry’s progress amid nationwide Black Lives Matter protests.
June 3 -
The pandemic is prompting financial advisors to use video messages, webinars and even board games to connect with clients and prospects, Hightower Chief Marketing Officer Abby Salameh says in an episode of Financial Planning’s Podcast.
June 2 -
“It is amazing that annuity sales are only down in the single digits, given the devastating effects that COVID-19 has wreaked on the annuity industry,” an expert says.
June 1
