Janney Montgomery Scott LLC, a leading full-service wealth management, financial services, and investment banking firm, is pleased to announce the addition of approximately 20 investment banking and equities professionals from Boenning & Scattergood.
The new Janney investment banking professionals include Managing Directors James Adducci, Christopher Chapman, Charles Crowley, Chad Hull, and Tony Latini. These experienced professionals, along with their colleagues, bring nationally recognized investment banking, equities sales and trading, and research capabilities within the depository, insurance, and infrastructure verticals, and expand Janney’s presence in Philadelphia, Chicago, and Cleveland.
“We’re thrilled to add these highly-respected professionals to our Capital Markets Group. Their experience aligns with our strategic vision and solidifies Janney’s depository practice as a top three investment bank nationally, in both M&A advisory and capital raising,” said Joe Culley, Head of Janney’s Capital Markets Group. “The additions enhance our depth and breadth across the Mid-Atlantic and Midwest regions of the country.”
“We are excited to join a firm with the financial stability, resources, and expertise to strengthen our services and enhance our ability to help our clients achieve their goals,” said Chad Hull, who most recently served as Head of Boenning & Scattergood’s Investment Banking Group. “We look forward to being an integral part of the team at Janney.”
“Both Joe and I have known Chad and other members of the team for a number of years. Collectively, we felt there was a strong cultural fit with Janney,” added Matt Veneri, Head of Investment Banking at Janney. “This will smooth the integration and lead to more collaboration which will benefit our clients as we move forward together.”
Over the last three years, the team from Boenning and Scattergood has completed 120 capital markets and M&A transactions aggregating $1.5 billion in value. The team also provides research coverage for more than 45 companies across the depository and insurance verticals.
Janney’s Capital Markets Group now consists of more than 200 professionals who provide investment banking, equity, and fixed income expertise to corporate, institutional, and municipal clients. Janney has consistently ranked as one of the top middle-market capital markets firms in the U.S. and over the last three years has completed 283 capital markets and M&A transactions aggregating $46.5 billion in value.