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Janney Montgomery Scott Selects Vestmark’s Model Trading Service

Partnership provides outsourced model management, trading and rebalancing services to Janney Montgomery Scott. Launched in April 2018, the Service oversees $600 million in AUM across 50 managers and 75 strategies

Wakefield, MAJune 06, 2018 Vestmark, the leading provider of portfolio management software and services, is pleased to announce an expanded partnership with full-service wealth management, financial services, and investment banking firm Janney Montgomery Scott(“Janney”). Janney recently began using Vestmark’s turnkey Model Trading Service (MTS), offered through Vestmark Advisory Solutions (“VAS”, a wholly owned, Registered Investment Advisor subsidiary of Vestmark Inc.) to strengthen their managed account service offering.

Janney began using the VestmarkONE portfolio management technology platform in 2013 for portfolio management and trading. Most recently Janney Capital Management, Janney’s asset management arm, began distribution of their investment strategies on the Vestmark Manager Marketplace (VMM). Now, VAS MTS will replace a third-party overlay manager.

Janney’s transition to Vestmark’s MTS addresses the firm’s desire to enhance its manager and advisor experiences while improving efficiency and lowering operational costs. Using the service, Janney managers are able to communicate portfolio changes in real-time to the service team and receive precise execution of trade instructions. At the same time, Janney advisors benefit from improved coordination across multiple investment strategies, client portfolios, resulting in scalable account-level customization and tax-aware trading for clients’ portfolios.

“Vestmark has played a pivotal role in Janney’s evolution. For five years, they have been a trusted partner in fulfilling our portfolio management technology and model distribution needs,” said Robert Battista, Head of Product & Research of Janney Montgomery Scott. “We are pleased to expand our relationship to include model implementation and trading and look forward to our continued joint success.”

“We look forward to expanding our partnership with Janney Montgomery Scott and are honored they selected our new Model Trading Service to enhance their manager and advisor experience,” said John Lunny, CEO of Vestmark. “We strive to bring our clients innovative solutions that enable them to differentiate and grow their advisory business lines. We are pleased that Janney is able to utilize Vestmark’s full breadth of technology and services to enhance their client experience and remain committed to helping them achieve their objectives. Our success is based on their success.”

The Vestmark Model Trading Service launched earlier last month. For additional information, please visit Vestmark’s website.

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

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About Vestmark

Headquartered outside of Boston, MA and founded in 2001, Vestmark is a leading provider of portfolio management/trading solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage and trade customized client portfolios through an innovative SaaS platform. Supporting over $1 trillion in assets and 4 million accounts, Vestmark is a trusted partner to some of the largest and most respected wealth management firms. For more information about Vestmark’s solutions, call (781) 224-3640, email, or visit

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