Ten advisers in teams managing nearly $1.4 billion have joined Janney Montgomery Scott from two wirehouses.
A team of four advisers — George MacKenzie, Paul LoFurno, Robert Cappelli and David Grahn, who managed more than $560 million at Wells Fargo — joined Janney in Philadelphia. They join with Jeanne Willits, their client associates.
The Butera Jordan Bender Hendricks Group, a four-person team managing $575 million at Merrill Lynch, joined Janney in Kingston, Pennsylvania. The team consists of Peter Butera, Steven Jordan, Brad Bender and Mandie Hendricks, as well as associates Marcyanna Horvath and Tracy Smithnosky.
In Ponte Vedra, Florida, the Graves Tidwell Wealth Advisory Group, which managed more than $250 million at Wells Fargo, joined Janney. The group consists of advisers Michael Graves and Jeffrey Tidwell, and their senior associates, Linda Wall and Dawn Bloom.
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RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
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From direct lending to asset-based finance to commercial real estate debt.
