Janney Montgomery Scott

  www.janney.com
  www.janney.com
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Janney Montgomery Scott Reviews

Updated September 13, 2014
Updated September 13, 2014
33 Reviews
3.1
33 Reviews
Rating Trends

Recommend to a friend
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Tim Scheve
19 Ratings

Employee Reviews

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  1.  

    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 for 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
  2.  

    Good Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Janney Montgomery Scott

    Pros

    Offers alot of education opportunities if you would like to take advantage of them.

    Cons

    Large company, can easily get lost in the shuffle like any big company.

  3.  

    A lot of bright hard working individuals.

    • 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

    Pros

    Everyone is very nice and a pleasure to work with.

    Cons

    Management is confused and out of touch with employees.

    Advice to ManagementAdvice

    Acknowledge good talent and communication needs to improve among all depts.

    Neutral Outlook
    No opinion of CEO
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  5.  

    Weigh Your Options Carefully Before Applying

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

    I worked at Janney Montgomery Scott full-time for less than a year

    Pros

    The firm has a pretty "clean" reputation in terms of how they do business. Very polished atmosphere. The people are also very nice and friendly.

    Cons

    The hours are very long. Not suitable for moms with young children. The pay, perks (which are none), and overall benefits are not attractive and makes it much worse since they seem to demand a lot. Quite a few departments have a very high turnover rate so proceed with caution when applying. Don't just look on the surface. Do your research and weigh your options carefully. If I had done this I would not have bothered to waste my time and would have simply went to work for another company.

    Advice to ManagementAdvice

    Stop being scared to rock the boat. Do more to make your employees happy. Take some risks. In order to keep people on board, you have to "do more" for the people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Don't come here for a career.

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

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

    Pros

    Delightful people to work with. Little politics below Executive Council.
    President means well.
    Womens' group sponsoring growth.
    Says it wants to be ethical.

    Cons

    Organization is very flat. No career movements.. Unless a senior person leaves, there will be no movement.
    President does not communicate clearly. He is a god guy, but is not direct in anyway.
    If you are in corporate and not a VP, you are the bottom of the food chain. All brokers needs and compensation come first. Given the market, don't expect much until there is a solid turn around.

    Advice to ManagementAdvice

    Recognize President is not direct. Act as a leadership team: Get common message and communicate it.
    "Own" leadership. Stop blaming lowest level for the behaviors you don't role model

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Came two years ago and continue to see positive change...this is how wealth management firms should be run.

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

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

    Pros

    Very collegial culture and a flat organization. Senior management is very accessible and the company rewards the people who can deliver. No big company feel and lots of freedom and autonomy. The company is surprisingly refreshing when compared to large banks that own the wirehouses now.

    Cons

    The company is based on the East coast. No real opportunities out West as most of the focus is on the East coast.

    Advice to ManagementAdvice

    Keep running the company the way you run it. Advisers from other firms are rebelling against the agendas of the big banks and you guys are doing it right...just don't change it to try to look like the big guys.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Awful place to work - trust no one

    • 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

    The firm has a very "clean" reputation.

    Cons

    Much office politics, senior management had no idea how to manage a firm through a tough financial market.

    Advice to ManagementAdvice

    Just stick to the retail market.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Great Experience

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

    I have been working at Janney Montgomery Scott as an intern for more than a year

    Pros

    Good work environment, encouraging coworkers and a good corporate mission. They're good at professional development and definitely seem to care about their employees futures.

    Cons

    Long work hours and sometimes difficult choices made by management. Commission based salaries have their own unique set of issues but the company does a good job supporting its teams.Management can sometimes be slow to adapt to changing environments.

    Positive Outlook
    Approves of CEO
  10.  

    Very pleasant atmosphere with a lot of potential

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

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

    Pros

    There is a lot of potential to make a lot of money, but you must put in the hours to do so.

    Cons

    Tought starting out with cold calling, but that is the way you build a book of business and become successful in the industry

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Operations Associate

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Janney Montgomery Scott

    Pros

    There is a good work life balance. The people are nice in general.

    Cons

    It is difficult to move up in the company and the salary is not that competitive to its peers.

Janney Montgomery Scott Photos

7th floor Education Center

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