In a little more than a week, Janney Montgomery Scott, a full-service wealth management and investment banking firm based in Philadelphia, added three new advisory firms with more than $1.1 billion in assets under management, the firm announced Monday.
The firms bring eight new advisors to Janney, which was able to open two new offices in Ohio through the acquisitions.
“These latest additions demonstrate Janney’s continued appeal to financial advisors seeking a firm that offers the independence and autonomy to run their practice while leveraging our award-winning resources and advisor-centric culture to best support their clients,” Jim Dornan, Janney regional director, said in a statement. “We are well-positioned for further growth and intently focused on supporting advisors and their clients.”
HD Wealth Partners, a firm with offices in Cincinnati, Ohio, and St. Petersburg, Fla., joined Janney on Nov. 1. The team, which oversees more than $450 million in client assets, was previously at Raymond James.
The team is led by financial advisors Matt Hager, executive vice president of wealth management; David Dennerll, senior vice president of wealth management; and Matthew Hager, vice president of wealth management. The advisors are supported by Zach Hiler, a registered private client associate, and Cynthia Wilson, a private client associate.
Markley Beckley Wealth Advisors, based in Cambridge, Ohio, was formerly with LPL Financial. The firm has more than $275 million in AUM and joined Janney on Oct. 31.
The team, which is opening Janney’s new office in Cambridge, includes financial advisors Brent Markley, senior vice president of investments, and Grant Beckley. The team also includes senior registered private client associate Mikelle Copella and private client associates Brenda Caldwell, Kristine Tipton and June Klingensmith.
The Mansfield, Ohio, firm of Personal Wealth Solutions, which has nearly $400 million in client assets, joined Janney Oct. 24. The firm, which was previously with Kestra, is opening a new Janney office in Mansfield.
The team includes financial advisors Jeremy Swank, executive vice president of wealth management; Greg Kibler, and Debbie Williams. The advisors are joined by private client associate Lynne Richards.