JANNEY MONTGOMERY SCOTT LLC

JANNEY MONTGOMERY SCOTT LLC of PHILADELPHIA, PA is an SEC-registered investment adviser (CRD 463). Regulatory assets under management: $110.1B. This firm reports disciplinary history on Form ADV.

Registration

Business model

Compensation: % of AUM, Fixed, Commissions, Other.

Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities.

Officers, owners & control persons (105)

Showing 25 of 105 people.

NameRoleLocation
Sullivan JohnMANAGER & SENIOR VICE PRESIDENT; SENIOR VICE PRESIDENTSan Francisco, CA
Christopher FuscoROSFPTowson, MD
Anthony Matthew MillerDIRECTOR, PRESIDENT; DIRECTOR, PRESIDENT AND CEO
Gregory Burns McsheaGENERAL COUNSEL
Daneen Elizabeth DowneyDEPUTY GENERAL COUNSEL
Jessica Ellen LempaIA CCO
David Michael MullanPRINCIPAL OPERATIONS OFFICER
Joseph David CulleyBANKING PRINCIPAL (BP)
Caroline Kathryne HallCHIEF COMPLIANCE OFFICER
Kevin Jude ReedEXECUTIVE OFFICER
Michael J HrickoCHIEF FINANCIAL OFFICER
Brett Stephan RiggiCHIEF OPERATING OFFICER
MEYER JAMES MAURICEMANAGER & SENIOR VICE PRESIDENT
SCHEVE TIMOTHY CHARLESPRESIDENT/CEO; PRESIDENT/CEO/MANAGER
MILLER REED PAULMANAGER & SENIOR VICE PRESIDENT
VOGT PETER JOHNMANAGER
CHAPPELL ROBERT EUGENEMANAGER
BENNETT JOHNMANAGER & SENIOR VICE PRESIDENT
MURPHY LEO JOHNCHIEF COMPLIANCE OFFICER, 1ST VICE PRESIDENT; DIRECTOR OF COMPLIANCE, 1ST VICE PRESIDENT
CHAVANNE ROSEANN NMNCO-CHIEF COMPLIANCE OFFICER
BANKS CHARLES AUGUSTUS IVFINANCIAL CONSULANT
PURKISS RICHARD ALLENMANAGER & SENIOR VICE PRESIDENT
HUGHES BRENDAN PATRICKMANAGER & SENIOR VICE PRESIDENT; SENIOR VICE PRESIDENT
MCSHEA GREGORY BURNSGENERAL COUNSEL
WOLITARSKY JAMES WILLIAMCHIEF FINANCIAL OFFICER, TREASURER, MANAGER, SENIOR VICE PRESIDENT; PRESIDENT, CEO & MANAGER

Disclosures (327)

Showing 10 of 39 distinct disclosure events.

InitiatedTypeAllegationsStatusAmount
2024-07-23regulatoryFINRA ALLEGED THAT JANNEY DID NOT ACCURATELY REPORT CERTAIN TRANSACTIONS TO THE MUNICIPAL SECURITIES RULEMAKING BOARD ("MSRB") FROM JULY 2019 TO MAY 2021; AND TRADE REPORTING AND COMPLIANCE ENGINE ("TRACE") FROM MARCH 2022 TO MARCH 2023. FINRA ALSO ALLEGED THAT JANNEY DID NOT HAVE PROPER SUPERVISORY…Final$150K
2022-11-02regulatoryIN NOVEMBER 2022, WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, JANNEY MONTGOMERY SCOTT LLC VOLUNTARILY ENTERED INTO A CONSENT ORDER WITH THE STATE OF DELAWARE RELATED TO FAILURE TO SUPERVISE THE SUITABILITY OF CERTAIN ACTIVITIES BY A FINANCIAL ADVISOR.Final$72K
2022-10-19regulatoryFROM DECEMBER 2013 THROUGH DECEMBER 2016, JANNEY FAILED TO REASONABLY SUPERVISE TWO FORMER REGISTERED REPRESENTATIVES WHO RECOMMENDED THAT THEIR CUSTOMERS INVEST AN UNSUITABLY HIGH PERCENTAGE OF THEIR ASSETS IN ENERGY-SECTOR SECURITIES IN VIOLATION OF NASD RULE 3010 AND FINRA RULES 3110 AND 2010.Final$100K
2021-03-29regulatoryTHE STATE PUBLISHED ADMINISTRATIVE ORDER 2020-45 THAT PROVIDES FIRMS LICENSED IN MAINE TEMPORARY RELIEF FROM ON-SITE BRANCH OFFICE INSPECTIONS DUE TO ONGOING COVID-19 PANDEMIC. THE ORDER REQUIRED FIRMS WITH BRANCH OFFICES IN MAINE TO PROVIDE THE STATE WITH A LIST OF THE DATE(S) ON WHICH THE FIRM LAS…Final$3K
2020-10-21regulatoryON OCTOBER 21, 2020, WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, JANNEY MONTGOMERY SCOTT LLC ("JANNEY") AGREED TO ENTRY OF AN ORDER ALLEGING THAT JANNEY PERMITTED A FORMER EMPLOYEE TO ACT AS EXECUTOR OF A CLIENT'S ESTATE IN CONTRAVENTION OF WRITTEN SUPERVISORY PROCEDURES. THE CONSENT ORDER ALSO AL…Final$100K
2020-09-08regulatoryIT IS ALLEGED THE FIRM SUBMITTED INACCURATE OR INCOMPLETE REPORTABLE ORDER EVENTS (ROES) TO OATS, FAILED TO REASONABLY SUPERVISE FOR COMPLIANCE WITH ITS OATS REPORTING REQUIREMENTS, AND FAILED TO REASONABLY RESPOND TO IDENTIFIED OATS REPORTING DEFICIENCIES. THE FINDINGS STATE THE FIRM TRANSMITTED DE…Final$90K
2019-05-07regulatorySALES PRACTICE VIOLATIONS INVOLVING SHORT TERM TRADING IN CLASS A SHARES OF MUTUAL FUNDS BY AN ADVISOR WHO LEFT JANNEY IN 2018.Final$287K
2019-03-22regulatoryON MARCH 21, 2019, THE FIRM ENTERED INTO AN AWC WITH NASDAQ. WITHOUT ADMITTING OR DENYING ANY FINDINGS BY NASDAQ, THE FIRM AGREED TO A FINE OF $27,500 WITH RESPECT TO ITS FAILURE BETWEEN 2015 AND 2017 TO MAINTAIN A CONTINUOUS TWO-SIDED TRADING INTEREST DURING REGULAR MARKET HOURS AT PRICES WITHIN CE…Final$28K
2019-03-11regulatoryIN JUNE OF 2018, THE FIRM VOLUNTARILY SELF-REPORTED THAT SOME CUSTOMERS ELIGIBLE TO PURCHASE MUTUAL FUNDS WHICH DID NOT CHARGE 12B-1 FEES DID NOT RECEIVE THE AVAILABLE LESS EXPENSIVE SHARE CLASS. AS A RESULT, THE FIRM ESTIMATED THAT ELIGIBLE CUSTOMERS WERE OVERCHARGED $215,761 PLUS PRE JUDGEMENT INT…Final
2016-07-18regulatoryTHE COMMONWEALTH OF PENNSYLVANIA CONDUCTED AN INVESTIGATION OF JANNEY MONTGOMERY SCOTT LLC ("JANNEY") REGARDING A FORMER FINANCIAL ADVISOR, WHO WAS TERMINATED BY THE FIRM ON JULY 27, 2010. IT IS ALLEGED THAT JANNEY FAILED TO REASONABLY SUPERVISE THE FINANCIAL ADVISOR DURING THE TERM OF HER EMPLOYMEN…Final$125K

Branch offices (25)

Showing 15 of 25 offices.

CityStateEmployeesPhone
PITTSBURGHPA37412-562-8000
CHARLOTTENC34(704)367-9700
NEW YORKNY30212-906-1950
PALM BEACH GARDENSFL28561-630-9101
MT. LAURELNJ28856-291-5000
GARDEN CITYNY27516-294-0917
YARDLEYPA27(267) 685-8140
GREENVILLEDE27302-428-1818
SEWICKLEYPA27(724) 934-1888
WASHINGTONDC26202-955-4300
BRYN MAWRPA26610-526-7200
TOWSONMD26(410)494-9500
GLASTONBURYCT24860-657-1780
ATLANTAGA23404-233-5744
RALEIGHNC23919-789-3091

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