Janney Montgomery Scott - Good company | Glassdoor
There are newer employer reviews for Janney Montgomery Scott
There are newer employer reviews for Janney Montgomery Scott

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"Good company"

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

I worked at Janney Montgomery Scott full-time

Pros

smart, friendly people; management wanted to see their employees succeed; moving in the right direction

Cons

salary was not competitive with similar positions

Other Employee Reviews for Janney Montgomery Scott

  1. "Administrative assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    A very friendly work atmosphere. Company had many career advancement opportunities. Good pay, good benefits and fair vacation packages. All around good work experience

    Cons

    Worked long hours some days.


  2. Helpful (3)

    "Culture claims a desire for 'best in class' but leadership isn't willing to make the necessary hard choices"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Philadelphia, PA
    Former Employee - Anonymous Employee in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    If you want to work in finance outside of major cities, this may be a nice option. Cost of living in Philadelphia is attractive. Firm may offer moderate hours and job stability for mediocre performers compared to other finance firms.

    Cons

    Company clearly doesn't care about their employees and isn't investing in the young and talented for the future of the firm (pays top dollar to senior hires who join the firm as retirement looms, junior employees face top heavy structure, no mentoring, and long hours not rewarded by strong career prospects/quality connections/introductions). Promotions and hires are based on the "good old boy" network instead of best in class/most qualified. Women are not valued. The population isn't very diverse. For a finance firm, dearth of quantitative skills and internal IT put the firm at risk (documentation of internal processes is alarmingly absent). Not clear why Penn Mutual maintains this firm.

    Advice to Management

    Culture change is needed, seek out external consultant and consider 'cleaning house." If this is a long term investment for Penn Mutual, make sure you are making long term investments in your employees.

There are newer employer reviews for Janney Montgomery Scott
There are newer employer reviews for Janney Montgomery Scott

See Most Recent

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