On Wednesday, September 27, the Financial Times (FT) published its third edition of the FT 401 Top Retirement Advisors, which included advisors from 38 states.
On Wednesday, September 27, the Financial Times (FT) published its third edition of the FT 401 Top Retirement Advisors, which included advisors from 38 states. Janney’s Murray Carter, Executive Vice President / Wealth Management, Washington, DC; Gregory J. Dupée, Senior Vice President / Wealth Management, Philadelphia, PA; and Allan H. Strange, Executive Vice President / Investments, Richmond, VA were included as part of this prestigious group. According to the FT, the average advisor on the list has 19 years of experience advising defined-contribution (DC) plans and manages $1.6 billion in DC plan assets.
Carter, AWMA®, CFP®, AIF®, Accredited Wealth Management AdvisorSM, Certified 401(k) Professional, and Accredited Investment Fiduciary™, has over two decades of experience in the financial services industry. His team, CSG Capital Partners, has two main business focuses – successfully managing retail wealth and retirement plans. This is the second time that Carter is included in the FT’s list. His first inclusion was in 2015.
“Retirement plans have helped us grow our business and have increased significantly over the past 15 years,” said Carter. “I’ve been at Janney for 20 years because it’s a firm that allows me to run my business as I see fit.
No one tells me how to do anything, and you can’t replicate that type of culture anywhere else.”
Carter credits his success with his 401(k) retirement planning to providing superior service to clients in comparison to other firms. “We are here to work with clients, to stay in touch, and to provide them with the education and support they need. With our team, clients don’t need to worry about reaching out to us. We are proactive and offer helpful advice,” he said. As an industry leader and a member of The National Association of Plan Advisors (NAPA), an affiliate organization of the American Retirement Association that was created by and for retirement plan advisors, Carter has participated in the DC Fly-In Forum and has lobbied on Capitol Hill, advocating to protect clients’ rights.
Gregory J. Dupée
Dupée, AIF®, was awarded this honor for the second year, after being included on the list for the first time in 2016. Dupée joined Janney two years ago and has nearly 30 years’ experience in the financial services industry. At Janney, Dupée oversees a group of four who conduct a broad mix of institutional-level research for clients in the not-for-profit, corporate, and high-net-worth private client segments. Currently, his group manages $700m in institutional and private client assets, and oversees the wealth management of more than 125 families.
“Our success can be attributed to the fact that we treat clients equally and offer institutional pricing - whether we are serving a not-for-profit, a corporation, a small family business or an individual family,” said Dupée. “We
put our clients’ best interest first and have been ahead of the curve with the DOL fiduciary rule, incorporating fiduciary standards into our practice since the mid-2000s. It’s exciting to continuously expand our 401(k) & 403(b) relationships,
and to be a part of a firm like Janney that is at the forefront of compliance and thought leadership in our industry.”
He continued, “It’s an honor to be recognized by my peers as a leader, and to be commended for our commitment to being a compliant firm.”
Allan H. Strange
Strange, AIF®, has been advising clients on their investments for nearly 40 years, and joined Janney in 2009. For the past eight years, Strange has participated in Janney’s CEO Roundtable and was honored as Janney’s Financial Advisor of
the Year in 2015. This year marks the third time that Strange was part of the FT’s Top 401 list, also earning the recognition in 2015 and 2016.
Strange oversees a team of seven people that make up The Strange Group, and specialize in comprehensive financial planning with an emphasis on personal financial planning, retirement plans, and asset management.
He said, “We have a great team and our business continues to grow. I’m engaged daily, but receive a great amount of support for our 401(k) practice from John F. Baron, AIF®, who follows regulations and ensures that our clients are supported.” “It’s my business and my responsibility. I have the fortune of working with a team that has a strong work ethic. We all get along and work well together, which ultimately benefits our clients,” said Strange. “We are at Janney for a reason. It’s a boutique firm that gives us the flexibility to do what’s right for our clients and be successful. They listen to what we have to say and offer their support on a daily basis, showing a constant appreciation for what we do.”
When asked about being included in the FT’s 401 list, he said, “It validates what we do. Every day, we strive to be the best, and being acknowledged is motivational for both me and my team – who are a big part of our success.”
The FT and Ignites Research utilized information gathered from large U.S. brokerages, independent advisors, and other wealth managers to identify qualified applicants who were required to advise at least $50m in DC assets and have at least 20% of their client assets in DC plans.
The formula that the FT used to grade and select advisers was based on seven factors: DC assets under management, specialization in the DC business, growth rate in DC plan business measured by changes in both DC plan clients and assets, years of experience advising DC plans, industry certifications, participation rate in DC plans advised, and compliance record.
About Janney Montgomery Scott
Janney provides advice to individual, corporate, and institutional clients. Our expertise includes guidance about asset management, corporate and public finance, equity, and fixed income investing, equity research, institutional equity and fixed income sales and trading, investment strategy, financial planning, mergers and acquisitions, public and private capital raising, portfolio management, retirement and income planning, and wealth management. Janney is an independently-operated subsidiary of The Penn Mutual Life Insurance Company and is a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). Additional company information is available at .