About Janney

Mission & History

Our Mission & History

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With roots dating to 1832, Janney Montgomery Scott LLC is a full-service financial services firm, providing comprehensive financial advice and superior service to individual, corporate and institutional investors.

At Janney, our mission is to be the highest standard of success in financial relationships.

Through our wealth management approach, we focus on the delivery of strategic financial plans that utilize a variety of financial products and services best suited to help individual investors and families meet their financial goals. Janney is equally committed to providing our corporate, municipal and institutional clients objective advice for the successful execution of their unique business plans. 

Janney serves clients through a network of professionals in branch offices located along the East Coast. We are an independently operated subsidiary of The Penn Mutual Life Insurance Company, one of the largest mutual insurance companies in the nation, and we are members of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

The Janney Timeline

2012    Janney celebrates its 180th anniversary; relocates headquarters in Philadelphia
2011    Janney’s named among the Top 40 Wealth Management Firms by Barron’s
2010    Janney Montgomery Scott LLC is the largest Philadelphia-based financial
             services firm. We hold assets under management in the amount of over $50
             billion, have over 100 offices with the majority in various locations along the East
             Coast and employ nearly 2,000 employees.
2007    Janney Montgomery Scott LLC celebrates its 175th anniversary;
              Timothy C. Scheve joins the Firm as President and CEO.
2005    Parker/Hunter Incorporated is acquired by Janney Montgomery Scott LLC
1999    Janney Montgomery Scott, Inc. changes its corporate structure and is  
             renamed Janney Montgomery Scott LLC
1982    Janney Montgomery Scott, Inc. acquired by The Penn Mutual Life Insurance
             Company
1978    Janney Montgomery Scott, Inc. and Hoppin, Watson Inc. merge
1971    Janney, Battles & E.W. Clark, Inc. and Montgomery Scott & Co. merge to
             become Janney Montgomery Scott Inc.
1960    Janney, Dulles & Battles, Inc. merges with E.W. Clark & Co. and becomes
             Janney, Battles & E.W. Clark, Inc.
1956    In January, Janney & Co. acquires Wurts, Dulles & Co., becoming Janney,
             Dulles & Co. In December, Janney Dulles & Co. acquires Winthrop H. Battles,
             changing the name to Janney, Dulles & Battles, Inc.
1929    Col. Montgomery starts Montgomery Scott & Co.
1921    Montgomery Clothier & Tyler is renamed Janney & Co.; Col. Montgomery
             leaves the firm
1911    Walter Janney joins Montgomery Clothier & Tyler
1907    Col. Robert L. Montgomery co-founds Montgomery Clothier & Tyler in Philadelphia
1904    Wurts, Dulles & Co. established
1890    Battles & Co. is founded
1837    E.W. Clark & Co. is established
1832    Lawrence Turnure & Co. is formed— later merges with T.L. Watson & Co. to become
             Hoppin, Watson, Inc.; Thomas Watson purchases seat on the NYSE