About Janney

Mission & History

Our Mission & History

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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 are members of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

The Janney Timeline

2018 Janney announces that it acquired HighBank Advisors (“HighBank”), a leading middle-market investment bank and financial advisory firm headquartered in Baltimore, Maryland with a presence in Philadelphia. The transaction will strengthen Janney’s leadership in the M&A space and enhance its comprehensive advisory services expertise, particularly in the business services, technology and industrial sectors.

Janney celebrates its 185th anniversary.

2016 Janney is named HR Department of the Year by Delaware Valley HR Department of the Year; Janney is named Top Broker/Dealer for Technology by Wealth Management Industry Awards; Janney is named among the Top 40 Wealth Management Firms by Barron’s; Janney is named to the 2015 INFORMATIONWEEK “ELITE 100”.

2015 Janney is named as one of the Healthiest Employers by the Philadelphia Business Journal.

Computerworld Names Janney as one of the 100 Best Places to Work in Information Technology.

2013 Janney is 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 is named among the Top 40 Wealth Management Firms by Barron’s.

2007 Janney celebrates its 175th anniversary; Timothy C. Scheve joins Janney as President and CEO.

2005 Parker/Hunter Incorporated is acquired by Janney.

1999 Janney changes its corporate structure and is renamed Janney Montgomery Scott LLC.

1982 Janney is acquired by The Penn Mutual Life Insurance Company.

1978 Janney 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. acquire Wurts, Dulles & Co., becoming Janney, Dulles & Co. In December, Janney, Dulles & Co. acquire Winthrop H. Battles, changing the Firm's name to Janney, Dulles & Battles, Inc.

1929 Colonel Robert L. Montgomery starts Montgomery Scott & Co.

1921 Montgomery, Clothier & Tyler is renamed Janney & Co.; Colonel Montgomery leaves the Firm.

1911 Walter Janney joins Montgomery Clothier & Tyler.

1907 Colonel Robert L. Montgomery co-founds Montgomery, Clothier & Tyler in Philadelphia.

1904 Wurts, Dulles & Co. is established.

1890 Battles & Co. is founded.

1837 E.W. Clark & Co. is established.

1832 Lawrence Turnure & Co. is formed, and later merges with T.L. Watson & Co. to become Hoppin, Watson, Inc.; Thomas Watson purchases seat on the NYSE.