Press Release

Jan 7, 2019

Janney Welcomes Seven and Promotes Two Capital Markets Professionals in the Fourth Quarter of 2018

PHILADELPHIA, PA – January 7, 2019 – Janney Montgomery Scott LLC (“Janney”), a leading full-service wealth management, capital markets, and asset management firm headquartered in Philadelphia, PA, welcomed seven and promoted two professionals to the firm’s Capital Markets group in the fourth quarter of 2018.

“I’m happy to welcome seven highly experienced Capital Markets professionals to Janney, and am pleased that two of our talented employees were promoted this quarter. These promotions and new hires will strengthen our ability to serve our valued client base, building on our superior service and execution capabilities,” said Joe Culley, Head of Capital Markets Group. “We also added a Higher Education and Not-for-Profit Advisory Group this quarter, which is greatly beneficial to continuing to grow our Capital Markets advisory business and expanding our presence in additional key markets.”

The Capital Markets new hires will be located in Janney’s Boston, Chicago and New York offices and will strengthen the firm’s Equities and Fixed Income groups:

New Hires:
• Justin Ausher, Director, Fixed Income Sales, Chicago, IL
• Mary Jane Darby, Managing Director, Head of Higher Education and Not-For-Profit Advisory, New York, NY
• Steven Dumanski, Associate, Equity Research, New York, NY
• Robert Kanzer, Managing Director, Higher Education and Not-For-Profit Advisory, New York, NY • Mari Monahan, Managing Director, Fixed Income Sales, New York, NY
• Hanna Pisera, Analyst, Equity Capital Markets Group, Boston, MA
• James Still, Director, Higher Education and Not-For-Profit Advisory, New York, NY

• Andy Ballou, Promoted to Head of Institutional Equity Sales, New York, NY
• Katherine O'Brien, Promoted to Vice President, Institutional Equity Sales, Boston, MA

Three of the firm’s new hires in the fourth quarter, Mary Jane Darby, Rob Kanzer, and James Still, added a Higher Education and Not-for-Profit Advisory Group focus - broadening Janney’s reach from traditional underwriting to advising prominent and highly sophisticated higher education institutions across the country.

In 2018, Janney acquired HighBank Advisors, a leading middle-market investment bank and financial advisory firm headquartered in Baltimore, Maryland with a presence in Philadelphia. The transaction has strengthened the firm’s leadership in the M&A space and enhanced its comprehensive advisory services expertise, particularly in the business services, technology and industrial sectors.

Janney also strengthened its presence in New York City by relocating to a new Midtown office, consolidating two of the firm’s New York City offices and relocating more than 100 Capital Markets and Private Client Group professionals into one location. 

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 (FINRA), and Securities Investor Protection Corporation (SIPC). Additional company information is available at

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