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 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 -
Fresh off rebranding its wealth management business to Avantax, the firm aims to support its smaller but more productive force.
November 7 -
The IBD network's AdvicePay integration could help the firm convert more retirement plan business into wealth management clients as it completes a record year for new assets.
November 7 -
The ensemble and enterprise pickups came after the No. 4 IBD added 70 advisors in the first nine months of the year.
November 5 -
The wealth management unit took in lower revenue from the year-ago period — but executives say its transformation is going according to plan.
November 4 -
With tens of thousands of certificants affiliated with giant BDs, the documents required by the new standards are making their conflicts of interest plain as day.
October 31 -
The network of five IBDs with 4,400 advisors hasn’t made a final decision, according to Bloomberg News.
October 30 -
The regulator is doing more with less but also missing its own goals around how long an investigation takes to result in an enforcement case.
October 29 -
Median revenue surged by 18% in the sector, but forward-looking companies have already adjusted to a fast-changing industry.
October 28 -
CEO Dan Arnold described the firm's multipronged strategy for further growth.
October 25 -
CEO Jim Cracchiolo says the firm is focused on “holistic advice rather than a free trade” after wealth management client assets reached a new high.
October 24
