Baltimore,
Md. – November 11, 2013 – Janney Montgomery Scott LLC ("Janney"), a
leading full-service wealth management, financial services and investment
banking firm headquartered in Philadelphia, Pa., today announced that 26-year
industry veteran Douglas Velnoskey has joined Janney's Baltimore, Md., branch
offices as Senior Vice President/Wealth Management. Velnoskey, who oversees $190
million in client assets, will be joined by Financial Advisor Bryan Carney,
Senior Registered Private Client Assistant Coleen Kramer Beal, and Senior
Registered Private Client Assistant Brian Etzler to form the Velnoskey Wealth
Management Group of Janney Montgomery Scott.
"Adding another high-caliber group to
an already well-rounded branch reconfirms the attractiveness of our firm's
ability to deliver the necessary resources for our advisors to maintain a
client-centric focus," said Jerry Lombard, president of the firm's Private
Client Group.
Velnoskey joins Janney from Morgan
Stanley. Twenty-six years ago, he began his financial services career at Legg
Mason where he remained through various mergers. Before he entered the financial
services industry, he spent time as a partner in the Colonial Jewelry Company.
He attended Loyola College, McDaniel College, and the University of Baltimore
with an interdisciplinary concentration in business administration, political
science, and communications. Born and raised in Carroll County, he is an active
community member who serves several local organizations like Carroll Hospital
Center Foundation, Carroll Lutheran Village Golf Tournament Committee, and the
Carroll Community Foundation Investment Committee. He also was a chairman of the
Historical Society of Carroll County.
Lombard continued, "Since Doug serves
both the Baltimore and Westminster areas, the hiring of his team presents a
unique opportunity of accessibility to a broader client base. We look forward to
the growth that will unfold as a result to their superior industry service."
Janney's Baltimore branch office, led
by Branch Manager Todd Mitchell, is located at 2800 Quarry Lake Drive Suite 160,
Baltimore, MD 21209, and can be reached at (410) 580-5020 or toll free at (866)
366-7598.
About Janney Montgomery Scott
LLC
Established in 1832, Janney
Montgomery Scott LLC provides comprehensive financial advice and superior
service to individual, corporate and institutional investors. A full-service,
financial services firm, Janney is committed to providing our clients advice
through a wealth management approach by focusing on the delivery of strategic
financial plans that utilize a variety of financial products and services best
suited to help meet their financial goals. Janney is equally committed to
providing our corporate and institutional clients objective advice for the
successful execution of their unique business plans. Janney provides advice and
service to clients through a network of professionals in branch offices located
along the entire east coast. Janney is an independently operated subsidiary of
The Penn Mutual Life Insurance Company, and is a member of the New York Stock
Exchange, Financial Industry Regulatory Authority and the Securities Investor
Protection Corporation.
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