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Janney Montgomery Scott

Engaged Employer

Janney Montgomery Scott reviews

3.2

50% would recommend to a friend

(278 total reviews)

Tony Miller

84% approve of CEO

57% positive business outlook

Janney Montgomery Scott has an employee rating of 3.2 out of 5 stars, based on 278 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Janney Montgomery Scott employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

278 reviews
3.0
Jan 14, 2010

Where is the opportunity?

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There is good access to management and for the most part positive attitudes among management and the senior level employees.

Cons

While there should be great opportunity given the realignment and focus on capital markets, Janney's Investment Bank does not award its employees who have stayed with the company for a long time and seems focused on those who are just joining the firm

3.0
Sep 22, 2018
Recommend
CEO approval
Business Outlook

Pros

Mostly nice people. Great location. Very steady work hours. Predictable work rate. Diversity (people have claimed here that it is not a diverse workplace. It is. In fact minorities are represented in much, much higher levels then their ratios in the US population, in some departments actually being the majority. So take that to mean what you like in terms of your likelihood of being hired when you apply.)

Cons

Responsibility is allocated out to who they want to give an opportunity to, rather than who could do the tasks the best. Watching someone being trained to do things you've known how to do for a year plus, and knowing they probably make twice what you make while being half as productive is asinine. During mass data editing, they literally brute force revisions to inane things like phone number categorizations by having people go through accounts manually and changing tens of thousands of things for months at a time. Insane! Archaic methods of data management and software incongruity amongst departments and branches. Beta, Smart, Thompson, everyone is doing things differently, leading to Account Services to be basically a tutorial and secretarial function for the PCA's, who in turn have the same banal relationship to their FA's. Once the PCA's learn how to operate Smart, the entire department will become irrelevant to the function they were originally entitled to be and struggle to have any relevance at all. Management seemed to utilize little or no objective, meritocratic insight into their workers performance, and didn't seem interested in doing so. The highest level that observed associate, entry level workers was the Senior Account Services Associate, through which all determinations of performance seemed to be measured according to whim. You can put in great stats in terms of output, accuracy and rate of work, but it seemed to not matter at all unless the Senior Associate liked you on a personal level. Very unprofessional, favoritism and bias were rampant, with decisions being made with "atmosphere bringing" (quote) over objective stats.

Viewing 19 - 21 of 278 Reviews

Glassdoor has 330 Janney Montgomery Scott reviews submitted anonymously by Janney Montgomery Scott employees. Read employee reviews and ratings on Glassdoor to decide if Janney Montgomery Scott is right for you.