Janney Opens Branch Office in Chicago, Welcomes Ned Kennedy as Complex Director

Ned Kennedy to Lead Expansion and Advisor Recruitment in Key Midwest Market

PHILADELPHIA, November 20, 2024 — Janney Montgomery Scott LLC, a leading full-service wealth management and investment banking firm, is pleased to announce the opening of a new branch office in Chicago, led by Ned Kennedy who has joined the firm as Senior Vice President and Complex Director.

With over 30 years of industry experience, Ned will spearhead Janney’s growth in the Chicago market, focusing on recruiting experienced financial advisors to the office, and ensuring excellent support for the firm’s Financial Advisors and clients. 

“We’re excited to welcome Ned to Janney as we expand our Private Client Group in the Midwest,” said Tom Galvin, Midwest Regional Director. “Ned brings extensive experience in recruiting top talent and a strong network in the Chicago area, making him well-positioned to lead our growth efforts in this region."

Most recently, Ned served as Managing Director and Branch Office Manager at Wells Fargo Advisors in Chicago, where he led a team of over 20 financial advisors. He has also held leadership positions at J.P. Morgan Private Bank, DB Alex. Brown, and Montgomery Securities, beginning his career as a Financial Advisor at Salomon Brothers. 

“I’m thrilled to join Janney and lead Janney’s Private Client Group in Chicago,” said Ned Kennedy. “Janney’s boutique culture and client-centric approach create an ideal environment for advisors to best meet client needs. I’m looking forward to recruiting experienced advisors to the office and supporting the growth and success of our team in this dynamic market.”

The opening of the new branch office and Ned’s addition further expand Janney’s presence in Chicago, building on the Capital Markets Group’s recent growth which includes the addition of several public finance professionals over the past year.

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