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 "
-
Allegations of undisclosed private securities transactions by a former advisor followed two significant mutual fund cases involving the IBD network’s practices.
May 1 -
A massive acquisition also helped boost the No. 1 IBD’s headcount by 833 advisors year-over-year to 15,210.
April 30 -
A 41-year industry veteran says his practice was seeking “a new strategic partner to help us take the next step in our firm’s growth.”
April 26 -
The private equity-backed IBD is "very appealing to advisors in that larger independent setting," its top recruiter says.
April 26 -
The No. 1 IBD announced the new NTF offerings and additional flattened prices for its corporate RIA.
April 26 -
The products have grown in popularity after undergoing significant changes in recent years.
April 25 -
The firm’s headcount declined slightly in the quarter, but advisors’ productivity remains strong and growing.
April 24 -
Jamie Price doesn’t expect the firm's advisors to have any problem with a new standard after taking steps to comply with the more restrictive DOL rule.
April 20 -
The bank’s latest retreat from wealth management will move 51 advisors to the independent space under Woodbury Financial.
April 19 -
The downward trend in the supply chain is already prompting major changes, and it could soon spill over to advisors’ practices.
April 18 -
The “breadth and depth of relevant resources” from the home office serve as a critical differentiator, Cerulli says.
April 16 -
Former CEO Mark Casady disclosed in arbitration testimony what led to the firing that resulted in a $30 million claim against the firm.
-
Bill Hamm’s Independent Financial Partners has grown more than fivefold in 10 years with the No. 1 IBD.
April 10 -
Research firm Spectrem Group tracked new highs in 2017 across the mass affluent, millionaire and UHNW segments.
April 10 -
The $263 million practice’s new IBD reported record recruiting for 2017, helped in part by the movement of advisors following LPL’s massive acquisition.
April 9 -
The Justice Department disclosed a felony probe the day before the broker’s termination.
April 6 -
The Advisor Group IBD added three new teams, but state regulators required enhanced oversight of one new recruit.
April 4 -
As the shift to fee-based accounts roils the industry, forward-thinking firms are revisiting how they pay employees while also making work more enjoyable. By Charles Paikert
-
The broker misappropriated his clients’ investment money for rent, credit card bills and other personal uses, investigators say.
April 2 -
Dan Arnold received a 155% raise in his first year atop the nation’s largest independent broker-dealer.
April 2
