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Home > Press > Janney Montgomery Scott Adds Strength and Experience with Two Key Equity Research Hires

Abstract:
Janney Montgomery Scott LLC ("Janney"), a leading full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, is pleased to announce the hiring of Gary Schatz as Director of Research, as well as John M.A. Roy, Ph.D. as Senior Research Analyst for the CleanTech/Advanced Material sectors.

Janney Montgomery Scott Adds Strength and Experience with Two Key Equity Research Hires

PHILADELPHIA, PA | Posted on September 12th, 2008

The hirings reaffirm Janney's commitment to strengthening the Equity Research department, continuing to focus on the Firm's research product and strategically investing in Janney's Research verticals of infrastructure, financials and consumer.

Equity Capital Markets Director, Jordie Maine, explained, "Our vision is to continue to build a very focused research product and to establish ourselves as thought leaders. As part of this process, we are committed to bringing to our team the best and brightest researchers in the industries we cover, as well as solid, experienced and forward thinking leadership."

Maine continued, "Gary Schatz and John Roy bring with them the insight, skill and strategic vision necessary to move our research entity to the top of the industry."

To Janney, Schatz brings a wealth of industry knowledge and a history of involvement in growing successful, sell-side businesses over the course of his career. Joining the Firm from Stifel Nicholas, where he was Director of Product Management, Schatz also served as the North American Product Manager, Co-Chair of the Investment Committee and Chair of the Deal Marketing Committee with Deutsche Bank Alex.Brown. In these capacities, he worked very closely with all constituencies throughout the organization. Schatz earned his B.A. from Johns Hopkins University and his M.B.A. from the University of Pittsburgh.

Dr. Roy brings to Janney nearly 15 years of financial service experience and over 25 years of professional experience relating to the tech sector. In his most recent role at Global Crown Capital, he served as Senior Executive Director, expanding the firm's coverage of Alternative Energy and Nanotechnology, as well as launching the firm's first coverage of a Dubai International Exchange listed company. Prior to that position, he served as Senior Research Analyst at WR Hambrecht & Co. and as Director, Merrill Lynch Equity Research. While with Merrill, he also served as the lead storage analyst, hardware analyst and technology strategist. In addition, Dr. Roy has extensive experience working in the technology field, holding positions in software consulting, network engineering and sales.

Dr. Roy earned is BSEE from the University of Southern California, San Diego, where, as a Regents Scholar, he studied communication theory, computer science and management science. He also earned his MSEE as a Hughes Masters Fellow at the University of Southern California in satellite communication and computer architecture. Furthering his education, Dr. Roy earned his MSCS and Ph.D. as a Hughes Doctoral Fellow at the University of California, Irvine, in computer science, specializing in computer architecture.

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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, one of the 15 largest mutual insurance companies in the nation, and is a member of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

Contacts:
Janney Montgomery Scott LLC
Karen Shakoske
215-665-4458
SVP - Director of Marketing and Corporate Communications

Copyright © Business Wire 2008

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