(Images: AP, Bloomberg)

Janney Montgomery Scott added 44 veteran financial advisors with some $3.4 billion in assets to its Private Client Group in 2019. The greatest number of registered reps — 32 — came to the firm from three wirehouse firms: Wells Fargo (16), Merrill Lynch (11) and Morgan Stanley (5).

With the recruited FAs, Janney is getting closer to having $100 billion in private-client assets, according to the firm — which reported some $97.5 billion in client assets under advisement as of late 2019. 

In addition to 11 teams, Janney brought on five account executives and more than 65 client associates in 2019. The firm says it has added 240-plus advisors since 2015 and had a total of 850 advisors as of Sept 30, 2019.

“Our accessible, client-focused, values-driven culture continues to attract talented financial advisors as evident in our 2019 additions …,” according to PCG President Jerry Lombard. “We’re pleased to welcome our new team members and look forward to supporting them and their clients.”

Advisors also moved to Janney in 2019 from Raymond James’ employee channel, LPL Financial, Edward Jones, Oppenheimer, BB&T  Securities, and  J.J.B. Hilliard W.L. Lyons (now part of Baird).

Among the teams joining are:

  • Ernst Rosa Wealth Management Group of Miami (Wells Fargo), 
  • Fried Mouro Group of Raleigh, North Carolina (Merrill Lynch), 
  • Gansler Group of Greenville, Delaware (Merrill Lynch),
  • Judge-Trevethan Wealth Advisors of Glastonbury, Connecticut (Wells Fargo), 
  • Leonard Wealth Management of Mystic, Connecticut (Wells Fargo),
  • Luke Capital Management of Greenville, South Carolina (Raymond James), 
  • MCH Wealth Management of Lewes, Delaware (Merrill Lynch) and
  • Ozazewski, Decker, Plunkett Wealth Management Group of Bel Air, Maryland (Wells Fargo).