Warren-Fantano Wealth Administration, a crew managing over $1 billion in shopper belongings, has joined Janney Montgomery Scott LLC and can function from the agency’s newly opened Middletown workplace and current Lewes workplace in Delaware.
The crew, led by monetary advisors Peni Warren, managing director, and Chris Fantano, managing director, moved from Merrill Lynch together with senior registered personal shopper affiliate Crystal Van Lenten and senior personal shopper affiliate Catherine Huffman. Fantano will function department supervisor for the Middletown workplace as Janney expands its Delaware presence with the addition of the skilled wealth administration crew.
“Becoming a member of Janney permits us to serve our purchasers in the best way we imagine is finest,” Warren mentioned in an announcement. “The agency’s boutique measurement and collaborative tradition give us the pliability to run our follow, whereas offering the assets that permits us to proceed delivering the service and recommendation our purchasers have come to anticipate.”
Warren brings 43 years of expertise to Janney, having began her profession in monetary companies in 1982. She holds the Chartered Retirement Planning Counselor designation and serves on boards together with The Delaware State Honest, Bayhealth Basis, Delaware Neighborhood Basis, and The Fund for Girls.
Fantano has over 20 years of expertise in monetary companies and holds Licensed Plan Fiduciary Advisor and Chartered Retirement Planning Counselor designations. He graduated from The College of North Carolina at Charlotte and works with multi-generational households, personal foundations, and enterprise homeowners.
“We’re thrilled to welcome Peni, Chris, and the Warren-Fantano Wealth Administration crew to Janney,” Bob Steinke, regional director with Janney Montgomery Scott, mentioned in an announcement. “They’ve constructed a formidable follow grounded in long-standing shopper relationships and complete recommendation.”
The transfer comes about one month after Janney Montgomery named Tony Miller as CEO.
That adopted information in July that Penn Mutual Life Insurance coverage Firm would promote Janney to non-public fairness agency KKR after 42 years of possession. That deal closed final yr, and it permits Janney to create a broad-based fairness possession program for its 2,300 workers.
As of the tip of final yr, Janney had over $150 billion in belongings underneath advisement.
