Janney Montgomery Scott LLC, a wealth management, capital markets and asset management firm in Philadelphia, has hired financial advisor F. Houghton Phillips II in Richmond, Va., the company announced in a recent news release.

Phillips was formerly with Merrill Lynch, which he joined in 1997. While there, he and his team, Shelli Staples, private client associate, and Michelle Shuman, registered private client associate, managed approximately $330 million in client assets. 

Phillips and his team specialize in helping clients plan for their retirement by taking a hands-on approach to financial guidance and education.