Janney Montgomery Scott Reviews

Updated August 4, 2015
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Tim Scheve
28 Ratings

48 Employee Reviews

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  1. Helpful (2)

    Senior Registered Client Service Assoc/Sales Assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Registered Sales Assistant in Cherry Hill, NJ
    Current Employee - Senior Registered Sales Assistant in Cherry Hill, NJ
    Neutral Outlook
    Approves of CEO

    I have been working at Janney Montgomery Scott (More than 5 years)

    Pros

    Benefits are decent. Coworkers in the branch, as well as back office are pleasant and willing to assist with accomplishing tasks. Pay is fair. Firm culture is more personal than strictly "corporate"

    Cons

    Technology is lacking, which makes it difficult getting work done effectively. Corporate office handles many tasks that other firms handle at the branch level. Compared to other wire houses, the lack of branch involvement could potentially reduce the knowledge & effectiveness of branch employees.


  2. Depends on the Branch

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Pca
    Former Employee - Pca
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Janney Montgomery Scott full-time (More than 5 years)

    Pros

    Flexible schedule, laid back atmosphere

    Cons

    Management was hideously misogynistic

    Advice to Management

    It's 2016. That means that WOMEN can do things other than filing and looking pretty at the front desk.


  3. IT

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Help Desk Technician in Philadelphia, PA
    Former Employee - IT Help Desk Technician in Philadelphia, PA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Janney Montgomery Scott (More than a year)

    Pros

    Good pay, benefits and vacation time.

    Cons

    Was only hired cause of nationality and being a female.

    Advice to Management

    Must get rid of the little clicks among employees. Training was awful, wasn't show anything, just was excepted to know what to do.


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  5. Director of Research

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director/Director of Research in Philadelphia, PA
    Former Employee - Managing Director/Director of Research in Philadelphia, PA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Janney Montgomery Scott (More than 8 years)

    Pros

    Financially strong parent company-Penn Mutual Very strong Private Client Business

    Cons

    Uncertain goals and expectations for Capital Markets. Strategy needs to be rethought and implemented postfaste

    Advice to Management

    Analyze what you do well nd doing it even better.


  6. Good place to get back-office banking experience

    Former Employee - Intern in Philadelphia, PA
    Former Employee - Intern in Philadelphia, PA

    Pros

    - Interns get a lot of exposure to senior staff - Interesting work in compliance and operations - Strong IT presence

    Cons

    - Relatively conservative culture - Doesn't pay particularly well

    Advice to Management

    - Use strong IT department as a comparative advantage!


  7. JMS

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I worked at Janney Montgomery Scott full-time

    Pros

    The people are nice to work with and depending on the manager the work/life balance was good.

    Cons

    Senior Management did not provide equal opportunities for everyone. When promoted or transferred to another department, the favorites were selected, not the qualified or experienced. Healthcare was too expensive.

    Advice to Management

    Give everyone equal chanced to prove themselves to be worthy of good opportunities within the company. Stop picking the new person what just came in six months ago and then all of a sudden they're your boss.


  8. Great place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A+ work environment & flexible schedule

    Cons

    There are no cons


  9. operation

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Nothing much, The atmosphere and moral is at the lowest. No chance to avance if you just work and go home. They want you to be one of management in order to survive.

    Cons

    I would avoid this company at all cost. Cheap pay and hard labor. Doing OT with NO pay.This is 2015 and not in 1900. Management work like dictator with cold heart feeling.

    Advice to Management

    Better salary and a better working environment.


  10. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - FA Trainee in Philadelphia, PA
    Current Employee - FA Trainee in Philadelphia, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great Senior Management team in place

    Cons

    Training program needs to be worked on

    Advice to Management

    Be specific on what expectations are


  11. Helpful (1)

    IT management is a joke

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Very well established and old company. Good name in the Street and reputation.

    Cons

    Pay and benefits is not competitive. IT end user support management is run by incompetent individuals who are not qualified for their role. High turnover rate for individual contributors. Give credit when credit is due. Management seems to steal credit from individual contributors.

    Advice to Management

    Reshape and train management in IT, pay well to keep top talents.



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