Janney Montgomery Scott has added senior vice president Noah Doyle and vice president Charles Princiotto, formerly associated with Merrill Lynch, to its team.
Doyle and Princiotto will be joined by Sean Martin, also formerly associated with Merrill Lynch.
Doyle previously managed Doyle & Associates at Merrill Lynch Wealth Management. Doyle, Princiotto and Martin will join veteran Janney financial advisers Stanley Hochhauser and Alice Coraggio in forming Battery Park Financial Partners at Janney Montgomery Scott.
Doyle, who will lead Battery Park Financial Partners, currently manages over USD150 million in client assets together with Princiotto. Hochhauser and Coraggio manage over USD200 million in client assets. Together, the new group fuses the mind sets of a diverse group of advisers with a wide range of expertise and will manage more than USD350 million in assets.
Hochhauser has more than 50 years of experience in the financial services industry and Coraggio, who has worked with Hochhauser for over 17 years, has been in the industry since 1979.
“Noah and his team bring a refreshed approach to our core values of developing deep client relationships and providing comprehensive financial planning. After meeting with them, it was clear I had found the right partners,” says Hochhauser. “For decades, I have enjoyed what I do, and with retirement being a future reality, our multi-generational team is now in place to provide a succession structure as we continue to help our clients preserve their legacy and provide for future generations.”
“Stanley has been one of Janney’s top financial advisors for over 15 years due to his expansive industry knowledge and commitment to his clients. His decision to partner with Noah and Charles will only enhance the level of services they collectively can provide to present clients and future,” says Jerry Lombard, president of Janney’s private client group. “Noah and his team have built a tremendous business of their own, and we look forward to supporting the partnership and helping them to foster growth in the future.”
“Janney’s wealth management philosophy aligns with our planning-focused approach to client service. The cornerstones of our business have been and will continue to be developing investment strategies focused on each individual client’s financial goals,” says Doyle. “While we believe that our partnership with Stanley will add to the level and quality of personalised services that we can provide to our clients, at the end of the day, Janney’s platform is best suited for our business model and where we know the industry is headed.”
