Company: Janney Montgomery Scott
Category: Broker/Dealers (Fewer Than 1,000 Advisors) – Technology
Initiative: Financial Aggregation
Traditionally, advisors and their clients have had to visit multiple sites to access personal financial information. But Janney Montgomery Scott’s new online financial aggregation system, called My Net Worth, puts clients’ entire financial picture in one place.
My Net Worth connects to Janney’s FA Dashboard, a tool that helps advisors manage their practices. My Net Worth aggregates client accounts and transaction data—including mortgages, bank accounts, credit cards, investments and spending—to help advisors provide investment advice based on clients' overall finances. It also gives clients a comprehensive view of all their financial information through Janney’s client portal.
This technology is helping advisors spend less time tracking down financial information, so they can spend more time developing appropriate strategies for clients.
About the Company
With roots dating to 1832, Janney Montgomery Scott LLC is a full-service financial services firm, providing financial advice and service to individual, corporate and institutional investors. Janney serves clients through a network of professionals in over 100 branch offices predominately located along the East Coast. Through its wealth management approach, Janney focuses on the delivery of strategic financial plans that utilize a variety of financial products and services best suited to help individual investors and families meet their financial goals, the firm also provides corporate, municipal and institutional clients with objective advice for the execution of their business plans.
A subsidiary of the Penn Mutual Life Insurance Company, Janney is the largest Philadelphia-based full-service financial services firm with $65 billion in client assets under advisement as of March 31, 2016.
For more information, please visit www.janney.com
ROBERT THIELMANN
CIO, Janney Montgomery Scott LLC