Janney Montgomery Scott has named Jessica Landis the brokerage’s new head of Investment Solutions.
Landis will oversee the marketing and support of the firm’s investment and insurance solutions, including its retail stock, bond and option trading, the company said in a statement on Monday. She is replacing Bob Steinke, who left the position in July to manage Janney’s Mid-Atlantic region.
In a note about her appointment, Kevin Reed, the senior vice president and head of Wealth Management at Janney, said Landis’ knowledge and experience with comprehensive financial plans and investment products made her a good candidate for the role. She was previously the director of Financial Planning and led day-to-day management and operations of the firm’s Wealth Planning team, which won a 2018 WealthManagement.com Industry Award in the technology category for the launch and development of its financial planning platform. Before joining Janney in 2016, Landis was also a financial advisor with Legacy Planning Partners.
The transition to a more transaction-focused role with the company was a natural one, Landis told WealthManagement.com. Her experience in planning will enable to her to help others at the company provide more holistic advise to clients, she said.
Janney, an independently operated subsidiary of The Penn Mutual Life Insurance Company, is a regional broker/dealer based in Philadelphia and manages approximately $80 billion in clients assets, according to its website. The company has more than 750 private client advisors and has been growing at a record pace in recent years.
In 2017, Janney hired 65 advisors managing an aggregate of more than $6 billion and was on pace in the second quarter of 2018 to beat that. That streak has continued, as the firm announced on Friday that it recently added 14 more advisors to its private client group who were advising on an aggregate of more than $1.1 billion.
