Janney Montgomery Scott LLC

We’re excited to announce that KKR investment funds and our parent company, The Penn Mutual Life Insurance Company, have signed a definitive agreement under which KKR investment funds will acquire Janney Montgomery Scott. “We are excited to enter this next chapter in our nearly 200-year history with a new value-added strategic partner. KKR has demonstrated they value our client- and advisor-centric culture and share our deep conviction in the tremendous opportunities ahead for our business,” said Tony Miller, President at Janney. “We look forward to working with KKR to invest further in our growth and enable our talented team to further improve the advice and services we offer our clients.” Read more: https://bit.ly/4cTVLiD

Our Women’s Interactive Network recently had the opportunity to attend a private, guided tour of the Mary Cassatt exhibit at the Philadelphia Museum of Art. Marty Cassatt was a Pennsylvania-born French Impressionist artist who challenged the expectations of Philadelphia’s elite through her work that highlighted the social, intellectual, and working lives of modern women.

There are several advantages to using 529 Plans to help fund a grandchild’s education, including: - Contributions are treated as gifts, which removes assets from your estate, providing potential tax benefits. - Allows for tax-deferred growth as all earnings are withdrawn tax-free when used for permitted education purposes. - You maintain control of the assets, unlike other types of gifts, as funds can only be used according to the will and direction of the account holder. Read more about these advantages and other considerations when using 529 plans to help fund education for the next generation and see if this solution is right for you.

Our Women’s Interactive Network (WIN) hosted a mini-golf networking event in collaboration with our other Employee Resource Groups. Our team members gathered for fun, putting practice, and connections.

Each year, we recognize a team member who personifies our values - deliver with integrity, drive for results, keep people at the center, and exceed expectations. We are pleased to present our 2024 Values Award to Jessica Lempa, MSFS, Chief Compliance Officer - Investment Advisory, for her leadership, solution mindset, integrity, and dedication to our clients, her team and community.

In the latest edition of Investment Perspectives, our Investment Strategy Group discusses the importance of focusing on the macroeconomic environment, what to know about floating rate bond performance during rate cuts, and expectations for the stock market.

Janney is proud to partner with and support organizations that align with our mission and values. Whether through volunteering, partnerships, or donations, this support fosters meaningful connections with the communities we serve.

The Mid-Atlantic Chapter of our Women's Interactive Network recently created a "shoe garden" benefitting Soles of Love, an organization that provides shoes to children in need. Team members from across the firm collected over 300 pairs of new boys' and girls' tennis shoes and created affirmation cards that each child receives with their sneakers.

We’re proud to share five Janney Financial Advisors have been named Best-in-State Next-Gen Wealth Advisors by Forbes. Congratulations to Christopher Borden, CFP®, Jeffrey P. Genkinger,CFP®,CRPC®, Ryan McNamara, CLTC, Charles J. Princiotto CFP®,AIF®, and Alexandros Vlahos, MBA, CFP®, CRPC™, CLTC®. Read more: https://bit.ly/46BNsWo

Did you know Medicaid can help you cover long-term care and home healthcare costs? While eligibility can be very complex, with some thoughtful estate planning, you may be able to qualify for this valuable benefit. Read more.