Janney Montgomery Scott LLC, a leading full-service wealth management, financial services, and investment banking firm headquartered in Philadelphia, PA,announced that it has further expanded its presence in Virginia with the opening of a new office in Fredericksburg, VA. The office represents Janney’s fourth branch office in the state and the seventh new location opened by the firm in 2018.
Joining the new office is Holmes Riley Wealth Advisors, a four-person team with more than 40 years of combined financial services industry experience and nearly $200 million in client assets under advisement. The team joins Janney’s Fredericksburg office fromMerrill Lynch and consists of Ronald H. Holmes, Senior Vice President/Wealth Management; Whitney E. Riley, First Vice President/Wealth Management; Lois Pierson, Senior Registered Private Client Associate and Brennan Holmes, Private Client Associate.
“This is an exciting day for Janney as we not only expand our presence in Virginia, but welcome Holmes Riley Wealth Advisors, a very experienced and client-centric team with a stellar reputation in the Fredericksburg community,” said Jerry Lombard, President of the Private Client Group. “Janney’srecent growth in key marketplaces throughout our footprint is a testament to the firm’sstability, responsiveness to client needs and unprecedented home office support.”
“I’m thrilled thatRonald, Whitney and their teamhave chosen Janney to help them support their clients and the future growth of their practice,” added Gordon Eide, Complex Manager. “Like many recent recruits, they were attracted to Janney for the firm’s commitment to delivering superior client service and recognized the trust and confidence instilled in all advisor and client relationships. I look forward to building on their reputation and success in the region.”
Ronald H. Holmes is a 25-year industry veteran, Chartered Retirement Planning CounselorSM(CRPC®) and Certified Private Wealth Advisor®(CPWA®).With an emphasis on planning anddiversified portfolio construction, hispractice focuses on high-net-worth clients and includes many intergenerational families, business owners and corporate executives.Active in his community, he serves as Chairman of the Fredericksburg Area Youth Development Foundation, Director of the Fredericksburg Regional Chamber of Commerce Board and Vice Chairman of its Enterprise Board, Director of the College of William and Mary Athletic Foundation Board, and is the Immediate Past Chair of the Virginia Foundation of Community College Education. He earned his BS in Biology from the College of William and Mary and MBA in Finance from George Mason University.
An Accredited Asset Management SpecialistSM (AAMS®) and CRPC®, Whitney E. Riley joins Janney with over 15 years of experience in providing customized financial plans and investment strategies centered around clients’ individual needs and preferences.For the past seven years, Ms. Riley has served as Director and Vice President of Empowerhouse, a nonprofit organization that supports survivors of domestic abuse and their children. She is also a member of the Community Foundation Women and Girls Fund. She earned her BS in Finance from the University of Virginia.
Janney’s Fredericksburg office is located on 725 Jackson Street, Suite 204, Fredericksburg, VA 22401.
About Janney Montgomery Scott LLC
Janney provides advice to individual, corporate, and institutional clients. Our expertise includes guidance about asset management, corporate and public finance, equity and fixed income investing, equity research, institutional equity and fixed income sales and trading, investment strategy, financial planning, mergers and acquisitions, public and private capital raising, portfolio management, retirement and income planning, and wealth management. Janney is an independently-operated subsidiary of The Penn Mutual Life Insurance Company and is a member of the Financial Industry Regulatory Authority (FINRA), and Securities Investor Protection Corporation (SIPC). Additional company information is available at www.janney.com.
