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 RobustWealth and Wells Fargo acquisitions are boosting the firm’s technology and scale as firms of its type diverge on their approach to a changing industry.
October 21 -
The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.
October 17 -
In a little-noticed rule change, mutual funds no longer disclose their shrinking BD commission load-sharing payments.
October 16 -
Carolyn Clancy, head of the BD segment, says its 200 client firms need more tools and capabilities in a new era of wealth management.
October 16 -
Joseph Mazzucco and at least two dozen other advisors affiliated with the No. 1 IBD in eight moves over a seven-week span.
October 14 -
Beyond eye-popping prices and assets changing hands, record M&A is altering the structure of the industry.
October 10 -
Billy Ricketts is most likely the elder stateswoman of wealth management — but she and her grandson believed it was time for something new.
October 8 -
Blucora’s Avantax Wealth Management combines two firms that took competing approaches to serving tax professionals branching into wealth management.
October 7 -
Triad Hybrid Solutions has added 31 advisors and $1.3 billion in AUM since the beginning of last year.
September 25 -
CEO James Poer seeks a different approach from rivals under the IBD’s new ownership.
September 25 -
Gurinder Ahluwalia, CEO of 280 CapMarkets, outlines new bond-trading infrastructure for wealth management, along with his argument for why fears of PE capital are unfounded.
September 25 -
Atria Wealth Solutions firm Sorrento Pacific recruited a half dozen new advisors in the acquisition and succession-fueled move.
September 19 -
A Kingdom Advisors support group at LPL brings together representatives around the growing professional title.
September 19 -
The employee and independent BD collected excess UIT commissions and failed to properly review inactive accounts, the regulator says.
September 18 -
The annual “evolution revolution” report and an analyst’s overview show how fiduciary advice is reshaping wealth management.
September 17 -
The No. 1 IBD will roll out the new option for advisors as it competes with other firms in its sector, platform providers and consolidators.
September 16 -
The private equity-backed IBD and its breakaway channel added teams managing $380 million in client assets.
September 13 -
The No. 1 IBD’s Focus conference drew 4,000 advisors, but it faces friction ahead in its ongoing expansion.
September 12 -
NASAA’s annual survey of regulators sheds light on legal proceedings against BDs, RIAs and unregistered firms that often go unnoticed in the wider industry.
September 11 -
The independent broker-dealer has launched subsidiary Bluespring Wealth Partners, which promptly snapped up two practices with $550 million in client assets.
September 11
