Janney Montgomery Scott, a wealth management, financial services and investment banking firm, has added Seaport Wealth Management, a team of financial advisers with 100 years of combined career experience.
Seaport Wealth Management will operate out of the newly opened Mystic, CT office and Janney’s current West Hartford, CT office.
Seaport Wealth Management, formerly affiliated with Merrill Lynch, has more than USD800 million in assets under management from nearly 900 households.
Team members include Ken Griffen and Paul F Vaida, senior vice presidents/wealth management, Royden A Grimm and Barry J Saluk, both first vice presidents/wealth management, and Jared W Bloxsom, vice president/wealth management. Additionally, four paraplanners and administrative professionals will be accompanying the advisory team to Janney.
“We are extremely proud of our firm’s history on Wall Street and the type of firm we’ve built for the future. Our size, stability, agility to adapt, and responsiveness to client needs combined with unprecedented home office support for our advisors’ businesses, we've become a destination for advisory teams who want to succeed in a boutique, regional environment,” says Jerry Lombard, president, private client group at Janney. “We're excited to welcome the Seaport team and look forward to working together with them to help them deliver superior financial advice to their clients and continue their commitment in their community."
The team at Seaport caters to investors that span geography and generations.
“For the past few years, my colleagues and I have been searching for ways to turn our business into something that we would proudly call ‘world class.’ As we searched, it became evident that we needed to make a significant change. From there, we considered our options as a potential destination. The firm that aligned best with our needs – and the needs of our clients – was Janney,” says Paul Vaida, senior vice president and wealth manager. “We’ve joined a firm that seeks to offer clients the same things we do: best in breed planning, guidance, investments, and service as they continue on their journey toward retirement.”