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The Banks Group
Our Team
At The Banks Group, we strive to manage our practice as an investment management and financial planning "boutique". Our Team personally develops and provides clients with personalized investment management, financial guidance and retirement planning advice. Janney Montgomery Scott’s history of strength and stability complement our client–centric approach with state of the art capabilities. Building strong relationships is essential to our goal of offering each client the best and most appropriate investment advice. David personally designs the financial and retirement plans, which are the cornerstone for portfolio construction, investment management, and periodic portfolio reviews. Working together with our clients to understand objectives, risk tolerance and goals lead to a process that drives the investment strategy, asset allocation, and plan design.Our clients and their families entrust to our care assets of over $400,000,000 dollars and utilize the group’s knowledge on a wide array of financial and investment matters, including retirement income planning, education funding, estate planning, gifting strategies, and insured solutions. Having extensive experience in and knowledge of the bond markets, our team also assists various non-profit organizations invest an additional $ 250,000,000 in U.S. Treasury, Agency, and Municipal Bonds. Professional advisors and existing clients are the group’s primary source of referrals, which include individuals, families, foundations, endowments, corporations, medical societies and 501(c) (3) organizations. The Banks Group welcomes the opportunity to foster a team approach and often consults with our clients' legal and tax advisors when appropriate. Providing superior service and helping clients achieve long-term success is paramount to our mission.
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What We Do
No matter where you are in life – we’re here for you through every step of your financial journey.
When you work with us it’s about going beyond investing. It’s about connecting your life and your finances in a way that makes sense for you, partnering through each stage of life.
We are committed to working with your organization to deliver innovative, results-oriented strategies. Our step-by-step process has been developed to help you reach your goal of offering a well-designed plan, with high-level service, that helps your valued employees achieve financial security.
As the price of education continues to rise, affording the cost of college requires a customized plan to meet your funding needs, while balancing other expenses and goals.
Community Involvement
We’re proud to support the communities we live and work in. We strive to connect with our communities in a meaningful way, bringing about positive change and helping to provide services and resources to help them thrive.
Events
Check out information on upcoming and past events we’re pleased to offer you, virtually and/or in person, on a variety of topics.
Recent Event: Cybersecurity
Simple Safeguards: How to Protect Yourself from Identity Theft and Cybercrime.
Recent Event: Tax & Estate Planning
Whether it’s the possibility of tax laws changing soon or recent updates impacting inherited retirement accounts, there’s a lot to consider when it comes to tax and estate planning.
Recent Event: Janney's 2024 Market Outlook
What can we expect for the economy and markets in 2024?
Recent Updates
Stay up-to-date and in-the know about every aspect of your financial picture.
May 01, 2024
Planning Strategies for Remaining 529 Balances
Did you know that if you saved more for college than you needed, new changes to 529 plans allow for unused or leftover savings to be rolled into the beneficiary’s Roth IRA?
Research & Insights
Access our latest research and insights covering market news, financial planning topics, and more.
In this issue we discuss opportunities in the Eurozone, understanding the sensitivity to volatility, and the record-breaking stock market performance.
Gain valuable tax benefits by replacing an unneeded annuity with a new one that offers long-term care coverage.
You’re proud of the children in your life. And understandably, you may want to reward them with one of the best gifts you can give — supporting their education.
Office Information