Janney Montgomery Scott LLC Employee Reviews

Showing all 74 reviews
Sort by: Helpfulness | Rating | Date
5.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Productive and fun work place with ping pong tables outside
Team Intern (Former Employee) –  Raleigh, NCDecember 18, 2018
The firm was well managed and very cohesive. I learned a lot from working with everyone there. It was a very positive work environment. Food was provided for most meals.
Was this review helpful?YesNoReport
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Workplace Culture
Associate (Current Employee) –  Washington, DCNovember 29, 2018
The firm is very stuck in their ways. Does not want to invest in technology that was new 10 years ago and continues to question why they cannot obtain young talent. There is no little to no career development as the firm is so small and there are not many spots between you and the top. With respect to salary you'd be lucky to get a cost of living increase each year. No bonuses either!
Pros
hours
Cons
pay, little respect from management, dated technology
Was this review helpful?YesNoReport
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Poor middle management, archaic technology, behind the times
Senior Associate (Current Employee) –  Philadelphia, PANovember 26, 2018
Janney is not bad, but it is not good either. Middle management has little-no training which is my biggest gripe. This includes people management skills, even basic ones. This is the first place I have ever worked where I feel there is no one for me to look up to. Some people who are managers literally do not know how to talk to people or lead in any way.

Data systems don't talk to each other, technology is poor for the for-profit sector. Getting someone on the phone in IT can take 30 minutes, no matter who you are. Large (900k+ rows in Excel) of data housed on one spreadsheet. I have one spreadsheet with literally over 100 tabs because management doesn't want to invest in applications or software and would rather track and calculate things manually. Large amounts of operational risk, no set or written provides, at least not in my group.

The worst is probably how bad behind the times they are in terms of 'work/life balance.' Hours acre actually good, but everything else is poor. No jeans on Friday or before a holiday. No working from home unless you have special permission (and there seems to be no rhyme or reason,) and leaving early the day before Thanksgiving or 4th of July doesn't really happen - and I am in a very back office function.

If you just need to pay the bills, Janney is okay for a little while. But if you're coming from another firm, you will be sorely disappointed.
Pros
9-5 work hours
Cons
High deductible health plans
Was this review helpful?Yes 1NoReport
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great company...better communication with employees
Branch Operations Assistant (Former Employee) –  Hauppauge, NY 11788November 23, 2018
Good company, poor communication with employees...needs improvement in management. Great benefits...401 K...medical..etc. No real room for advancement.......
Pros
Great benefits, good company
Cons
Poor management in office
Was this review helpful?YesNoReport
1.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Watered Down
Financial Advisor, Private Client Group (Former Employee) –  Philadelphia, PANovember 20, 2018
Company is a joke. Employees just want to be paid but never will thus it will always be some regional name that tries to sell itself on a grid that gets watered down every year.
Was this review helpful?Yes 1NoReport
5.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great Company to work for
Financial Advisor (Former Employee) –  New York, NYOctober 31, 2018
Company is growing and management works well with the various employees.

My position gave me the opportunity for growth within a team environment while giving me the flexibility to choose my own path
Pros
Flexible, Solid Management
Was this review helpful?YesNoReport
4.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Solid Employer
Registered Private Client Assistant (Current Employee) –  Marlton, NJOctober 29, 2018
Great place to work. Collaborative environment, at times fast paced but you work either with a small team or one on one with an advisor. Need to be able to work alone and together with others.
Pros
Flexibility
Cons
Pay & Benefits
Was this review helpful?YesNoReport
4.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
fast paced, relaxed atmosphere
Adminstrative Assistant (Former Employee) –  Bethlehem, PAOctober 17, 2018
As long as you do your job, show up on time manager leaves you alone. You have a great relationship with the customers. The brokers & assistants are extremely nice. I always enjoyed going to work there
Pros
relationships with the customers
Cons
No room for advancement
Was this review helpful?YesNoReport
4.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Friendly environment with opportunity to learn
Associate (Current Employee) –  Philadelphia, PAOctober 11, 2018
Top Management has good plans to move the company forward into a more agile work environment. Overall good place to learn about financial markets and provides a good foundation to Wall Street.
Was this review helpful?YesNoReport
4.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great location
Private Client Associate (Former Employee) –  Yardley, PASeptember 14, 2018
A typical day was assisting brokers with their daily tasks such as opening new accounts, sending funds to clients, keeping files and documentation in order. Complete followup each day. Back up to Cashier.
Was this review helpful?YesNoReport
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great Customer Connection
Senior Private Client Assistant (Former Employee) –  Lancaster, PASeptember 6, 2018
What I loved the most about my job was meeting the customer and taking care of their financial needs and knowing at the end of the day they where satisfied with their services.
Was this review helpful?YesNoReport
5.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Loved waking up and going to work each day!
REGISTERED PRIVATE CLIENT ASSISTANT (Former Employee) –  Purchase, NYJuly 18, 2018
Loved waking up and going to work everyday .
Great work environment!
Great Employees !
Great Manager !
Great back office !
Only left because of personal issues .
Pros
Caring management
Cons
benefits are expensive - high deductible
Was this review helpful?YesNoReport
5.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Fun work place
Registered Private Client Associate (Former Employee) –  Albany, NYJune 12, 2018
Relaxed and smooth most of the days.
Client communication skills
Excellent management
Very good, worked well with staff
None that comes to mind
Fast paced, shorter days
Pros
Weekly lunch meetings
Cons
None
Was this review helpful?YesNoReport
2.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great people!
N/A (Former Employee) –  Philadelphia, PAApril 25, 2018
Great mentoring and ERG programs.
Medical coverage a little pricey.
Lack of compensation structure; skewed and inconsistent.
Good voluntary benefits.
Too many Leadership Blindspots.
Pros
Convenient Center City location
Cons
Unequitable compensation
Was this review helpful?YesNoReport
5.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Productive
Registered Sales Assistant (Current Employee) –  Melville, NYApril 7, 2018
Busy phones, detailed communication with the various Stock Brokers in order to assist their client base efficiently. Set up meeting with Wholesalers via a shared calendar. Process all applications and forms associated with the individual investments for the clients.
Was this review helpful?YesNo 1Report
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Working in 'Silo's'/Different depts was the biggest issue
QA Analyst- IT (Former Employee) –  PhiladelphiaMarch 12, 2018
Different departments didn't interact much at all, which made the overall culture stay in a constant state of fluctuation. Some departments worked really hard together and others played favorites with certain individuals and barely got anything done.

Managers and supervisors were willing to listen to issues, whether anything was done about them or not. New ideas were always at least considered, and the people in certain 'silo's' were fantastic; just not the upper management. They often made promises and didn't follow through.

And after many years there, pay raises seemed highly unfair. New employees often got far greater salaries and bonuses than people who worked there really hard for years.

The CEO was a fantastic leader, approachable and strong, but the "lower peons" were never allowed to actually speak to him, even when he was willing and happy to be accessible.

Lastly, the HR department had some fantastic people and some completely terrible people mixed in, which made it difficult to move forward.
Pros
Flexible schedules and coworkers of the same level were great
Cons
Almost impossible to get a raise unless you were a favorite of upper mgmt
Was this review helpful?Yes 1NoReport
4.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Love hate relationship
Ops / Registered Sales (Current Employee) –  New YorkMarch 9, 2018
I loved it . Loved everything about it except benefits extremely expensive. Low salary. And a few of the employees where not team players and made the environment miserable.
Pros
Mom friendly
Cons
Benefits
Was this review helpful?YesNoReport
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
People were nice but management was poor
Corporate Actions Analysis /Dividends Analysis (Former Employee) –  Philadelphia, PAMarch 7, 2018
It was very fast pace and management did not care about the workers, They were very clickish and played favoritism to certain people. First place I ever worked for where they complained if people worked to clean items up on their own time. This was because they feared law suites from HR from prior employees.
Pros
N/a
Cons
N/a
Was this review helpful?Yes 3NoReport
3.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Poorly managed branch with little recognition
Private Client Assistant (Former Employee) –  Garden City, NYFebruary 27, 2018
Hit the ground running and never stop. Significant client contact and ability to achieve their requests.
Required to study on own time for job-related exams which absorbed most evenings and weekend time for no compensation.
Enjoyed the positive client responses and accolades given by many clients.
Pros
Proved myself beyond expectations of myself.
Cons
half hour for lunch break, healthcare costs, unhappy staff
Was this review helpful?Yes 2NoReport
5.0
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
EXcellent Place to work
Investment Broker (Former Employee) –  Red Bank, NJFebruary 23, 2018
I worked as an Institutional Fixed Income salesman for 10 years at Janney Montgomery Scott LLC. It is a great Regional Brokerage firm and is expanding locations throughout the US. They have about 800 registered brokers on staff. The firm offers a full menu of Equity and Fixed Income products for Individual investors and Institutions.
Pros
Many products to sell
Cons
not much account availability
Was this review helpful?YesNo 1Report
Claim this company page

Want to know more about working here?

Ask a question about working or interviewing at Janney Montgomery Scott LLC. Our community is ready to answer.

Ask a Question

Overall rating

3.6
Based on 74 reviews
520
422
319
26
17

Ratings by category

3.7Work/Life Balance
3.2Compensation/Benefits
3.1Job Security/Advancement
3.2Management
3.3Culture