Janney Montgomery Scott Reviews

Updated April 7, 2015
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3.5
46 Reviews
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Tim Scheve
28 Ratings

Employee Reviews

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  1. Great place

    • 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A+ work environment & flexible schedule

    Cons

    There are no cons

  2. Great place to work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Senior Management team in place

    Cons

    Training program needs to be worked on

    Advice to Management

    Be specific on what expectations are

  3. Good place to start, would like to have more of a financial teaching format but that was not the case.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Intern in Boston, MA
    Current Intern - Intern in Boston, MA

    I have been working at Janney Montgomery Scott as an intern (less than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good hours, very decent office, nice people in the office, good selection of different coffees, was not bothered by anone

    Cons

    Lonely, was put in a room and just kind of left alone. Wouldn't recommend to other interns coming in. Haven't heard back since.

    Advice to Management

    Develop a training program for interns and value them. It is tough when an intern makes you a bunch of commission and does not even get a thank you.

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  5. Super Nice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Private Client Associate in Boston, MA
    Current Employee - Private Client Associate in Boston, MA

    I have been working at Janney Montgomery Scott

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great atmosphere, awesome tech and marketing department

    Cons

    I wish there was more of a cut and dry way of finding the answer to an operational question, rather than guessing, calling Philly and being transferred a few times before getting to the correct person.

    Advice to Management

    More team nights

  6. 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

    Recommends
    Recommends

    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 Management

    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.

  7. 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)

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

    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 Management

    Training program.

  8. Worked as an intern analyst during the school year.

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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 Management

    Not much!

  9. 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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    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 Management

    Keep it up

  10. 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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

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

  11. Helpful (2)

    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)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Very nice colleagues and boss.

    Cons

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

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7th floor Education Center

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