Janney Montgomery Scott LLC (Janney) is a financial industry leader providing a comprehensive range of wealth and investment management solutions, estate and retirement planning solutions, and financial guidance to individuals and businesses nationwide. As a financial services and capital markets firm, Janney also offers investment banking, municipal finance, and public finance services. Their primary business, however, is helping individuals and their families establish plans designed to manage and transfer wealth.
Having held the second oldest seat on the New York Stock Exchange (NYSE), Janney has remained a beacon for offering financial guidance to the communities they serve for nearly 200 years. Janney strives to maintain a tradition of service excellence and an ability to adapt to change while remaining focused on the interests of their clients and adhering to the firm’s core values of delivering with integrity, driving for results, keeping people at the center, and exceeding expectations.
Strength, Scope, And Financial Stability
Janney has a strong equity capital base and a history of financial stability. They have reported consecutive quarters of operating profitability, even during times of market turbulence. Their stability and sound structure are a legacy you won’t find with many other wealth management firms.
For the last 40 years, Janney has operated as an independent subsidiary of The Penn Mutual Life Insurance Company, and is fully backed by Penn Mutual’s credit ratings, financial strength ratings of A+ (Superior, reaffirmed March 2024) from A.M. Best, Aa3 (High Quality, reaffirmed May 2023) from Moody’s, and A+ (Strong, reaffirmed December 2022) from Standard and Poor’s.
As a wholly owned independent subsidiary, Janney is backed by the strength of one of the nation’s largest insurance companies, while maintaining the boutique feel with a focus on helping entities, individuals and their families manage and transfer wealth.
Janney places the highest priority on protecting your assets and privacy. For detailed information please read The Highest Standard of Success in Financial Relationships – ACCOUNT PROTECTION AT JANNEY document that is available from your Financial Advisor.
About The Janney Platform and Advisory Relationships
Due to Janney’s private ownership structure, the Firm is able to remain focused on meeting our clients’ needs and interests. Janney provides an open product and services architecture empowering its Financial Advisors with a full range of investment solutions to meet individual client needs.
Depending on your financial needs and personal preferences, as well as the fees and costs associated with those services, you may opt to engage in a brokerage relationship, an advisory relationship or a combination of both. Each time you open a new account, your Financial Advisor will make recommendations on which type of relationship is in your best interest based on the information you provide.
When engaging in an advisory relationship at Janney, you and your Financial Advisor will collaborate on a plan to address your financial goals, along with an investment approach specifically aligned to your needs. The fiduciary standard is a legal requirement that Janney and its Financial Advisors are bound by when offering advisory services—to always act in your best interest with respect to the investment advice and services we provide. It requires a commitment to always put your interests ahead of ours and provide full and fair disclosure of all material facts relating to our advisory relationships, including conflicts of interest.
A Culture for Success
If you asked a Janney associate what truly makes it a different type of financial services firm, they would say, “It’s the culture.” The Financial Advisors would tell you they work at a company which provides them with all the resources that they need - cutting edge technology, superior back-office support, continuing education, and ongoing equity research and insights to keep the focus where it belongs: on their clients.
Janney operates with the knowledge that individual relationships are built on service, trust, and integrity. They focus on comprehensive financial planning, treating each client as an individual with unique financial and lifestyle needs, and avoid cookie-cutter solutions.
