About Janney

Mission & History

Our Mission & History

Text Size: Decrease Increase
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, and we are members of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

The Janney Timeline

2014 Computerworld Names Janney to 2014 List of 100 Best Places to Work in Information Technology.

2013 Janney named as Top Wealth Management Firm in the U.S. by Barron’s; 2013 CIO 100 Award Winner for the Financial Advisor dashboard; Janney employees rank firm “best in class” for engagement.

2012 Janney celebrates its 180th anniversary; relocates headquarters in Philadelphia.

2011 Janney’s named among the Top 40 Wealth Management Firms by Barron’s.

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.