Podcast Center
Video Center
Webcasts
Resource Center
Events
By 
June 20, 2018 at 11:12 PM
Janney Montgomery Scott said it recruited the Gormley Furlong Wealth Advisory Group, which has four advisors and over $400 million in client assets, in Newtown, Pennsylvania. The team was previously affiliated with Stifel Financial.
The advisors making the move have more than 100 years of combined financial-services experience: Timothy P. Gormley, CFP, Paul M. Furlong; Kevin M. Keane, AAMS, AIF; and Kathleen M. Zelenka.
“This team is a highly regarded group of advisors and are valued additions to the Janney team,” said Thomas Simcik, a regional manager at Janney, in a statement. “Their decision to join Janney is further proof that the firm is a destination for advisory teams who want to succeed in a boutique, regional environment.”
Meanwhile, Raymond James recruited Todd Krentz, CFP, AIF; Justin Brown, AIF; and Michelle Evans to its independent channel in Chesterfield, Missouri, from Stifel, where the managed about $230 million in client assets.
“As a leading financial services firm, Raymond James provides a solid footprint and comprehensive resources while allowing us the independence to successfully run our business,” said Krentz, president of Krentz Financial Group, in a statement. We’re confident our move to independence was the best decision for us and on behalf of our clients.”
Raymond James’ employee channel recently added a team in Burlington, Wisconsin, from Wells Fargo with about $173 million in client assets. The group includes advisors Clay Brandt, CFP, and Nate Brandt.
The father and son do business as Brandt Wealth Management and had more than $960,000 in yearly fees and commissions.
“We were drawn to Raymond James because of the firm’s reputation for putting clients first, their common sense approach and the freedom they allow advisors to run their practices as they see fit,” said Brandt, in a statement.
