The firm looks forward to their leadership and continued expansion of our team.

PHILADELPHIA — Janney Montgomery Scott LLC, a leading full-service wealth management, capital markets, and asset management firm, has announced new Private Client Group leadership for its offices in the New York City, Pittsburgh, and Rhode Island regions.

The newly appointed complex branch managers include Karen Burkhart, who assumes leadership of the Midtown, New York City and Purchase, New York offices; Doran Young, who will lead Janney’s Pittsburgh, New Castle, and Ligonier offices in Western Pennsylvania; and Brendan Flaherty, who will lead the firm’s Providence and Kingston, Rhode Island offices.

“Karen, Doran, and Brendan are proven leaders with extensive management experience, a history of successfully recruiting experienced Financial Advisors, and ensuring a positive client experience,” said Jerry Lombard, President of the Private Client Group. “We look forward to their leadership, as well as supporting growth, client service and community engagement in their respective regions as we continue to expand our team and geographic footprint.”

About Janney’s New Leaders:

  • Karen Burkhart, Senior Vice President, Midtown Complex Manager. Karen has more than 30 years of financial industry experience. She was most recently a Regional Brokerage Manager with Wells Fargo Advisors. She has also served in numerous leadership and management roles at USAA, Prudential, and Morgan Stanley where she held a variety of responsibilities, including regulatory supervision, recruiting and training Financial Advisors, as well as strategic planning to help drive growth, innovation, and success for clients.
  • Doran Young, Senior Vice President, Pittsburgh Complex Manager. Doran joined Janney in 2015 and most recently served as Complex Manager in Columbus, Ohio. Under his leadership, Janney has added numerous experienced Financial Advisors in the Ohio region, while also opening the firm’s Cincinnati and Columbus Grandview offices. He holds the Accredited Asset Management Specialist, and Chartered Retirement Planning Counselor certifications. He also attended the Leadership Institute for Branch Managers from The Wharton School. Doran is a graduate of The Ohio State University with a Bachelor of Science degree in Marketing.
  • Brendan Flaherty, Senior Vice President, Providence Complex Manager. Brendan began his career in the financial services industry in 2004 and joined Janney’s Providence, Rhode Island office in 2017. He is a Certified Financial Planner™ and Certified Investment Management Analyst. Outside of the office, Brendan is Program Director of Bryant University’s CFP® program, as well as Professor of Finance in the undergraduate program. He is currently a council member of the CFP® Board’s National Council on Education and has served as Chairman of the Financial Planning Association of Rhode Island.

About Janney Montgomery Scott LLC
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, the New York Stock Exchange, and Securities Investor Protection Corporation. Additional company information is available at


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