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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Rivals will be waiting to seize on any changes that may irk some 4,400 representatives poised to operate under a new parent IBD network.
January 6 -
The record level of transactions — as well as long-term industry shifts — often prompt advisors and other wealth management professionals to assess their options.
January 6 -
The Secure Act will pave the way for expanded distribution channels, even as J.D. Power finds issuers lagging in measures of client satisfaction.
December 19 -
While these 20 dizzying changes will throw some for a loop, financial advisors and their clients grow more powerful each year.
December 18 -
With the industry closely watching the complex integration, the selling network's parent divulged how it struck the $1.3-billion agreement to form a giant IBD.
December 13 -
A former rep has drawn at least 30 claims after pleading guilty to fraud, while clients of another ex-LPL advisor are seeking damages five years after his initial arrest.
December 10 -
In a session at the In|Vest West conference, Rachleff revealed the digital firm’s ambitious plans to take on big banks.
December 5 -
More wealth management professionals are using Twitter to network and push for change.
December 3 -
The IBD with 8,000 advisors had been without a permanent chief executive since Robert Moore’s departure in March.
December 3 -
The ex-Northwestern Mutual advisors dropped their broker registrations, selecting the TAMP and platform’s services in the process.
December 2 -
The firm's top recruiter explained its approach to helping advisors keep up with a rapidly changing profession.
December 2 -
The PE-backed wealth management holding company will grow to 2,500 advisors upon closure of its latest acquisition.
November 26 -
The Kansas City Royals unveiled an investor group that includes the Creative Planning president and other prominent hometown fans.
November 26 -
Integrated Partners added a family office practice eyeing wirehouse breakaways as part of a dozen recruiting grabs for the No. 1 IBD and its OSJs.
November 22 -
The IBD’s head of practice management says more planners should explore becoming ensembles, and she also divulged the firm’s “secret sauce.”
November 20 -
The firm hasn’t made any decisions about advisor retention bonuses, but some top shareholders will earn tens of millions of dollars once the deal closes.
November 19 -
The fact that it’s impossible to track the amount of revenue sharing kickbacks demonstrates the problem, says the research firm’s lead policy wonk.
November 18 -
The acquisition of Ladenburg Thalmann for $1.3 billion would take the private equity-backed firm into the realm of the largest firms in the sector.
November 12 -
Denika Tokunaga says breaking into the profession can be difficult if you don’t fit into the traditional image of a financial advisor. Here’s how she did it.
November 12 -
The Reverence Capital Partners-backed network would expand into nine subsidiary brands with 11,500 advisors under the deal, taking the selling firm private.
November 11
