Kathleen Fisher (left), Megan Keating, Dawn Dupre, Mary Ann Perrone & Sarah Smith
Janney Montgomery Scott says it recruited 12 financial advisors with $1 billion of total assets under advisement in the first quarter. Most of the advisors moved to Janney from Morgan Stanley, Wells Fargo and Merrill Lynch, with one also moving from Raymond James.
"During a period of uncertainty related to coronavirus, our stability and client-centric platform continues to attract advisors," according to Jerry Lombard, president of the firm's Private Client Group.
Janney has about 850 advisors overall, after recruiting 44 last year. They work with about $82 billion in assets.
The 12 advisors are part of teams like the Dupre Keating Group, May Fisher Wealth Management, The Tango Group and Seger Wealth Management as well as individuals.
The Dupre Keating Group, led by Dawn Dupre and Megan Keating, includes four advisors, an associate and $335 million. The firm, formerly with Morgan Stanley, is based near Philadelphia and in Delaware.
