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Janney Grabs $273M Father-Son Team From Merrill

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(Photo: AP)

Janney Montgomery Scott has recruited a father-son team from Merrill Lynch that has worked with about $273 million in assets. Anthony and Carmine Tango are now with Janney’s office in Bedminster, New Jersey.

“We’re excited to continue the expansion of the Bedminster office with the addition [of] Tony and Carmine,” according to Larry Ennis, a senior vice president and branch manager with Janney. “Their commitment to exceed client expectations and provide holistic financial planning fits seamlessly with our goals and values.” 

Anthony has over 30 years in the business and focuses on investment management services for employee benefit and retirement plans, institutional accounts and high-net-worth individuals. At Merrill, where he spent 11 years, he served as a senior portfolio manager. 

He also worked as the head of fixed income for Ten Sixty Asset Management, a senior vice president with Morgan Stanley Dean Witter and A.G. Edwards and for Prudential-Bache and Paine Webber. 

His son Carmine specializes in portfolio analysis, economic research, analytics and client reviews. He cut his teeth in the business at Merrill Lynch in 2013, when he joined the estate team. 

Janney also brought on Tahj Holden from Morgan Stanley. Holden will work in the firm’s Red Bank, New Jersey, office. 

The advisor first worked for AIG Financial Advisors starting in 2006 and moved to Morgan Stanley, where he’s managed about $8 million in assets, in 2013. 

Holden was a member of the University of Maryland’s NCAA basketball teams that went to the Sweet 16 and Final Four in 2001, in addition to winning the National Championship in 2002. (Before going into financial services, he worked in basketball and coaching).