Janney Strengthens Equity Capital Markets Business & Expands Leadership Team

PHILADELPHIA--(BUSINESS WIRE)-- Janney Capital Markets announced that it has appointed Jeff Woodford to a new post as Co-Head of Equities in an organizational change intended to provide additional leadership and support to the firm’s growing Equity Capital Markets business unit. Jeff will team with Tom Ferraro in guiding the Equity business.

“Over the past several years, we have made a number of strategic investments to expand our capabilities and platform in our equity business and as a result have grown our revenues significantly,” said Jordie Maine, head of Janney Capital Markets. “Naming Jeff as Co-Head of Equities provides additional leadership, expertise and focus in our organization. I’m confident this move will better position Janney as we work to advance our strategy and strengthen market share in the next few years, while continuing to deliver quality services to our clients,” he continued.

In addition to his experience at Janney, serving as Managing Director, Head of Trading & Sales Trading since joining the firm in 2009, Woodford brings to his new role a strong record of client service and leadership that also includes 10 years with Citigroup.

“As the business continues to get more difficult and competitive, having a leader like Jeff who can articulate a clear mission and provide direction and strategy in our trading business is critical,” Maine continued. “This leadership structure is designed to flatten our organizational structure and allow us to focus more directly on our clients’ and their needs.”

About Janney Montgomery Scott LLC

Established in 1832, Janney Montgomery Scott LLC provides comprehensive financial advice and superior service to individual, corporate and institutional investors. A full-service, financial services firm, Janney is committed to providing our clients advice through a wealth management approach by focusing on the delivery of strategic financial plans that utilize a variety of financial products and services best suited to help meet their financial goals. Janney is equally committed to providing our corporate and institutional clients objective advice for the successful execution of their unique business plans. Janney provides advice and service to clients through a network of professionals in branch offices located along the entire east coast. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company, the seventh largest mutual insurance company in the nation, and is a member of the New York Stock Exchange, Financial Industry Regulatory Authority and Securities Investor Protection Corporation.

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Source: Janney Montgomery Scott LLC