Janney Montgomery Scott has appointed John Yackel as executive vice president and head of wealth management.
Yackel, who will also join the firm’s executive committee, succeeds Kevin Reed, who recently assumed leadership of Janney’s private client group after eight years leading the wealth management group.
Yackel will be responsible for the strategic direction and oversight of Janney's advice and solutions platform in his new role. He will also oversee a team that provides financial planning and advisory services, cash management, mutual funds, insured solutions, lending, retail trading and retirement plan services, according to the firm.
Prior to joining Janney, Yackel was co-founder and CEO of estate planning platform Trucendent. Prior to Trucendent, Yackel held leadership roles at various platform and solution providers, including SEI, Envestnet, Fortigent and Prudential.
“We’re thrilled John is joining Janney. He brings experienced, innovative leadership in financial services and a deep understanding of advisory, lending, and planning solutions that will enhance our wealth management platform," Tim Scheve, Janney’s president and CEO, said in a statement. "He has a proven track record of delivering an integrated wealth management experience and solution that help advisors grow and run their businesses, and most importantly, that meet the needs of their clients.”
Many people have already continued working past their planned retirement date
A new analysis finds long-running fiscal woes coupled with impacts from the One Big Beautiful Bill Act stand to erode the major pillar for retirement income planning.
Caz Craffy, whom the Department of Justice hit with a 12-year prison term last year for defrauding grieving military families, has been officially exiled from the securities agency.
After years or decades spent building deep relationships with clients, experienced advisors' attention and intention must turn toward their spouses, children, and future generations.
The customer’s UBS financial advisor allegedly mishandled an options strategy called a collar, according to the client’s attorney.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
