Press Release

Jul 7, 2016

Three Janney Analysts Earn Prestigious Thomson Reuters Awards

Philadelphia, PA – July 7, 2016 – Janney Montgomery Scott LLC (“Janney”), a leading full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, PA, today announced three of its analysts – Ryan Byrnes, Michael Gaugler, and John Rowan– are recipients of 2016 Thomson Reuters Analyst Awards, which are presented to the top individual sell-side analysts and firms in the industry.

Ryan Byrnes, Director – Insurance, was awarded the top overall stock picker for insurance. Michael Gaugler, Managing Director – Utilities and Infrastructure, ranked as the number three earnings estimator for water utilities. John Rowan, Director – Specialty Finance, was awarded the number one overall earnings estimator for consumer finance.

“These awards reinforce Janney’s commitment to employing and nurturing top industry talent in our key sectors,” shared Andrew Maddaloni, Director of Research and Head of Institutional Equity Sales at Janney. “Ryan, Michael, and John consistently demonstrate expertise in their coverage areas and bring value to Janney’s equity research team as well as our clients.”

The Thomson Reuters Analyst Awards recognize the top performing stock pickers and earnings estimators in the industry, which is determined based on the returns of award candidates’ buy/sell recommendation relative to industry benchmarks and the accuracy of their earnings estimates in 16 regions around the world. 

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 New York Stock Exchange (NYSE), Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). Additional company information is available at

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