Economy

The regional broker-dealer has added at least 19 advisers from wirehouse firms so far in 2017.

The new recruits are the latest to join the regional firm from Wells Fargo.

The firm also granted its new chief stock options worth $4.8 million following a debt refinancing.

Over 50 advisers have now joined the independent firm, which is affiliated with Raymond James.

Chris Harvey will oversee 420 advisers managing $110 billion in total client assets.

The regional firm has added at least 17 ex-wirehouse advisers in the first three months of the year.

The bank's retail brokerage operation employs 12 advisers and has approximately $780 million in advisory and brokerage assets.

Tim Sloan, who rose to CEO in October, received $12.83 million, up from the $11 million he got as COO for 2015, according to a regulatory filing.

The regional broker-dealer has added at least a dozen ex-wirehouse advisers so far this year.

The firm’s equity partner channel added five breakaway wirehouse teams last year and 64 since 2008.

The new hires join the regional BD from Baird.

The new recruit is focused on serving the Brazilian market, according to the firm.

The broker slashed her payment by pressing for funds she said the firm promised but never paid.

Morgan's latest hires oversaw about $575 million, On Wall Street learns exclusively.

The growing independent firm has recruited five ex-wirehouse planners since the start of the year.

Andy Sieg, head of the firm, had previously indicated that he was open to rethinking aspects of the firm's efforts to comply with the regulation.

The last time the pool was smaller was in 2012, when it decided to cut large parts of the investment bank and was fined for trying to rig global interest rates.

The firm is one of the first to issue a formal comment letter on the Department of Labor's proposal to put off the regulation's implementation date.

Qapital's funding round comes as banks are increasingly adding money-management tools to their mobile apps.

The 20-year veteran planner cites Raymond James' greater flexibility and marketing support.