Janney Montgomery Scott LLC
Assets Under Management
$100.8B
Number of Clients
239,256
Number of Advisors
1299
Average Client AUM
$421K
AUM per Advisor
$77.6M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
Janney offers eleven fee-based advisory programs categorized as professional money management, asset allocation, and internal portfolio management. Fees are negotiable and based on factors like account size and services provided. The firm charges a wrap fee based on a percentage of assets, covering investment advice, portfolio management, research, custodial services, reporting, and trade execution.
Fee Structure
Janney's advisory fees are negotiable and typically billed quarterly in advance, based on a percentage of assets. The maximum Financial Advisor fee is 2.00%, but sub-advisory fees may apply depending on the program. Fees may be negotiated with the Janney Financial Advisor based on factors including the size of the Client’s account, other related accounts with Janney, the extent of services to be provided by Janney to the Client’s account, and the projected nature of trading in the Client’s account.
Areas of Practice
Location
1717 Arch Street, Philadelphia, PA, 19103