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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President Adam Antoniades cites record expansion for the year, but the IBD network faces challenges related to recruiting and debt levels.
August 19 -
Bleakley Financial has recruited advisors with $750 million in client assets since January 2018 alongside LPL’s substantial recent grabs.
August 15 -
Newday’s tools include content centered around clients’ issues of focus and, soon, a corn-based compostable debit card.
August 13 -
Critics reject the notion that disclosure alone is sufficient for reigning in conflicts — but the charges against Commonwealth have put BDs on notice.
August 12 -
A barred and terminated former Securities America advisor’s conduct was “appalling, reprehensible and evil,” according to a federal judge.
August 8 -
CEO Philip Sanders admits the past two years of the segment’s overhaul have been “a grind,” but he says it’s now ready to grow.
August 5 -
The stark figures show that only about one-sixth or fewer of the sector’s financial advisors are women.
August 5 -
The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.
August 1 -
Lightyear Capital sold its majority stake in Wealth Enhancement Group to another wealth management industry entrant.
July 31 -
The freshly recapitalized firm is offering succession services without any custodial or affiliation requirements.
July 30 -
After affiliating with Advisor Group following its acquisition, Signature Estate & Investment Advisors aims to offer its TAMP across the network.
July 29 -
The IBD network joins asset managers and other companies developing new methods to display how the products integrate into client portfolios.
July 26 -
Dan Arnold deployed a five-pronged argument for why consolidation is a recruiting boon for the No. 1 IBD.
July 26 -
Integrated Partners added a father-son team, surpassing its recruited client assets from the previous year.
July 24 -
Commonwealth and Edward Jones remain the top-rated firms — J.D. Power notes they share a few characteristics in common.
July 23 -
Advisors say they’re allocating assets based on client objectives, but they likely are not, according to SEI’s survey.
July 22 -
Wealth Enhancement Group has also grown organically by more than $1 billion each of the past two years.
July 18 -
James Gorman dismissed any speculation after the unit posted record revenue and pretax profit in the second quarter.
July 18 -
The asset management and software giants plan to start the rollout of their 401(k) tool and app later this year.
July 17 -
With 7 million accounts and more than $400 billion in assets, Karl Roessner’s firm can be selective as it expands into wealth management.
July 16
