Janney Montgomery Scott has added a five-person advisory group from Raymond James to its Hunt Valley, Maryland, office as the firm continues to expand its national footprint.
The Griffin Wealth Management team, led by Kevin Doyle, has joined Janney’s private client group. Doyle will also serve as branch manager for the Hunt Valley location.
The team reportedly brought over $470 million in assets, bringing the firm's 2025 recruitment haul up to 13 financial advisors overseeing nearly $2.8 billion in assets.
The move in Maryland also builds on a series of additions over the past two months in North Jersey, including the team at Clark Brothers Wealth Management and financial advisors Kristin Healy and Al Lynn, who also arrived from Raymond James with a practice overseeing nearly $150 million.
Joining Doyle at Janney are wealth planning associate Kali Lambert, senior registered private client associates Diane Allen and Kerry Ahern, and private client associate Conor Doyle.
Jeff Smith, Janney’s complex director, highlighted the opportunity for "the team [to] continue to grow their practice and deliver even greater value to their clients” while commending "[Doyle's] leadership as branch manager as we continue to expand our presence in the region.”
Doyle brings over 37 years of industry experience, with a focus on wealth preservation, portfolio management and retirement income planning. Allen, a 40-year veteran, joined Janney after nearly two decades at Raymond James and a prior 24-year stint at Advest. Ahern also has more than 25 years of industry experience, while Lambert and Conor Doyle round out the team’s multigenerational service model.
The firm's active hiring efforts, which have brought in just over a dozen advisors with nearly $3 billion in assets, puts it on pace to exceed its 2024 recruiting class of 27 advisors overseeing $4.3 billion.
The Hunt Valley expansion comes in the wake of broader changes at Janney. The firm named Tony Miller as CEO in January, following his permanent appointment as president last fall. The leadership change came shortly after Janney was acquired by private equity firm KKR, which Miller said has supported the firm’s recruiting goals and strategic direction.
“We got to bring in some high-quality advisor teams, with north of $2 billion in assets, right in the fourth quarter,” Miller said in a March interview with InvestmentNews. “I think it was a vote of confidence by the marketplace that we have something special here.”
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