Two advisers who managed more than $270 million at Janney Montgomery Scott have joined Merrill Lynch. The advisers are based in Merrill’s Bala Cynwyd, Pennsylvania, office in the Philadelphia suburbs.
Scott Nash had been with Janney since 1984, and earlier worked at Butcher and Singer Inc. and Prudential Bache Securities. Anthony Arot joined Janney in 2015.
Two staff members made the move along with Nash and Arot.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
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.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
