Financial institutions

The wirehouse outlines its competitive digital offer, but it's a defensive play, analysts suggest.

At least 16 advisers have shuttled between the wirehouse firms so far this year.

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

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

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.

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.