About Janney

Mission & History

David S. Penn

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Executive Vice President, Director Wealth Management Services

Mr. Penn joined Janney in 2009 with over 25 years of industry experience. He is responsible for the oversight of the Firm’s Wealth Management Services, as well as Janney Capital Management, an independent division of Janney that provides fee-based discretionary investment management for individual, corporate and institutional portfolios. Prior to coming to Janney, Mr. Penn served as Managing Director and Head of Affiliate Relations for Legg Mason, where he spent over 20 years serving in numerous capacities including as a member of the firm’s equity research department and as manager of the Wealth Management group inside the firm’s broker/dealer. He also recently managed the investment products area for Smith Barney. Mr. Penn received his M.B.A. in finance from the Wharton School at the University of Pennsylvania and his bachelor’s degree in accounting from Drexel University.  He was designated a Certified Public Accountant in 1982, and a Chartered Financial Analyst in 1987.