Janney Montgomery Scott

www.janney.com

Janney Montgomery Scott Reviews

Updated January 22, 2015
Updated January 22, 2015
42 Reviews
3.5
42 Reviews
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Recommend to a friend
Approve of CEO
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Tim Scheve
24 Ratings

Employee Reviews

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  1.  

    Diversity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Frontend Developer in Philadelphia, PA
    Former Employee - Frontend Developer in Philadelphia, PA

    I worked at Janney Montgomery Scott

    Pros

    Quick interview; fast hiring and start date. Developer autonomy. Flexible to use latest tools. CIO 100 awardee. Opportunities for skill enhancement into smart web and desktop web.

    Cons

    Lack of transparency. IT Management lacks a vision on where the group is heading to. Expects individual contributor to operate in an unguided format. Lack of expectations, goals. Lack of standard SDLC processes. Deployment to live site is a mere manual copy of changes by a developer. Lack of back out plan. Single team is stretched with a massive amount of goals ranging from customer client support to development to implementation to live delivery all with the help of less than 10 folks. Staff overly stretched. Head particularly allergic to diversity. Not a major eCommerce site compared to other financial companies that have a glorious history as this one.

    Advice to ManagementAdvice

    Disclose the expectations of each employee whether temporary of permanent in a transparent manner. Hiring practices to be fine tuned. Retain top talent by promotions. Compliance to industry web standards. Define the role responsibility in a clear manner. Inter team interactions to increase.

    Recommends
  2.  

    Worked as an intern analyst during the school year.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst Intern in Philadelphia, PA
    Former Employee - Investment Banking Analyst Intern in Philadelphia, PA

    I worked at Janney Montgomery Scott as an intern (less than a year)

    Pros

    Learned a lot about investment banking, how banks for and how they perform various services. Free dinner if you're staying late.

    Cons

    Only 2 interns in the fall/winter/spring, wish there were more.
    The office was pretty busy when I was there, so the hours were pretty bad.

    Advice to ManagementAdvice

    Not much!

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great if you already have an established book of business

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisor
    Current Employee - Advisor

    I have been working at Janney Montgomery Scott full-time (more than 5 years)

    Pros

    Decent rewards for top end producers

    Cons

    You'll go broke unless you produce $300k+
    Outdated Systems
    Treats small clients poorly
    FA's lose their health insurance for producing under $285k annually.

    Advice to ManagementAdvice

    Training program.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Janney Montgomery Scott

    Pros

    I worked at a satellite office on the institutional side and thought the company was great, everyone was nice, thoughtful, hardworking, it made it east for new hires to feel welcome, working at a smaller bank let me learn a lot more than I normally would at a larger bank, excellent experience, would recommend it to anyone

    Cons

    nothing bad to say, enjoyed the experience

    Advice to ManagementAdvice

    Keep it up

    Recommends
    Positive Outlook
  6.  

    VP Janney Montgomery

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Philadelphia, PA
    Current Employee - Vice President in Philadelphia, PA

    I have been working at Janney Montgomery Scott full-time (more than 3 years)

    Pros

    Janney is Privately owned by Penn Mutual Life with a strong reputation and is conservative in terms of risk.

    Cons

    Slow moving, some management and employees prefer the status quo vs. increasing value and revenue. Resources can often be allocated in inefficient ways.

    Advice to ManagementAdvice

    Streamline processes, put more controls in place. Also making what constitutes as success more transparent. Reviews should be more structured.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Hardworking, talented professionals. Great culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Janney Montgomery Scott full-time

    Pros

    Very smart and talented employees, fast paced yet pleasant work environment.

    Cons

    Management needs a firmer grasp of what the vision is for the company and for each business.

    Positive Outlook
    No opinion of CEO
  8.  

    Excellent opportunity for the skilled & competent.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Phila, PA
    Current Employee - Anonymous Employee in Phila, PA

    I have been working at Janney Montgomery Scott full-time (more than 5 years)

    Pros

    Janney operates on a thinly staffed back office in comparison to most peer firms. While some employees may see this as a challenge, the skilled/competent can leverage as massive opportunity. The organization has also recently been proactive in creating more opportunity for protected classes.

    Cons

    Elevator doors close too quick.

    Advice to ManagementAdvice

    Equitable treatment and proper tools needed for managers. Certain VP level staff cannot effectively strategize,create, manage and produce from cubicles. Atmosphere not ideal and frequently disruptive to manager productivity.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Not a great place for young people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Analyst in Philadelphia, PA
    Current Employee - Investment Banking Analyst in Philadelphia, PA

    I have been working at Janney Montgomery Scott full-time (more than a year)

    Pros

    Very nice colleagues and boss.

    Cons

    During my time there, I've seen so many people left the company. Salary is not attractive.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    current employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Janney Montgomery Scott full-time (more than 5 years)

    Pros

    The company do offer young kid right out of college opportunities to advance.

    Cons

    The pay and perk is not comparable to other financial company. Management is not interactive and is very demanding. Work is overload with low pay. T

    Advice to ManagementAdvice

    Need to keep the moral of their employee up.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Programmer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Computer Programmer in Phila, PA
    Current Employee - Computer Programmer in Phila, PA

    I have been working at Janney Montgomery Scott full-time (more than 3 years)

    Pros

    Different fields to work in

    Cons

    little possibility for advancements in company

    Advice to ManagementAdvice

    more dynamics

    Recommends
    Neutral Outlook
    No opinion of CEO

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