PHILADELPHIA--(BUSINESS WIRE)--Janney Montgomery Scott LLC (Janney), a leading full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, today announced the addition of five professionals to their equity research analyst roster.
Andrew Maddaloni, head of equity research, said of the hires: “These additions are key components to our strategy of providing differentiated research across a targeted group of core verticals including Consumer, Financial Institutions, Healthcare, Infrastructure and Media & Technology. Our continued investment in these areas underscores our commitment to providing clients with in-depth industry research and quality investment ideas. Each of these professionals are established industry veterans with proven track records, and we are excited to have them at Janney.”
Michael Gaugler joined the firm as Managing Director and Senior Analyst covering the Utilities and Water Infrastructure sector. Mike re-joins Janney with 12 years of sell side equity research experience. Previous experience in addition to Janney includes Brean Capital (where he was recognized by Starmine in 2014 as the # 1 Stock Picker for the Gas Utilities and #3 Stock Picker for the Water Utilities sector) and Boenning & Scattergood.
Robert Stevenson joined the firm as Managing Director and Senior Analyst covering the REIT sector. Rob’s coverage focuses on major sub sectors of the REIT universe; including apartments, office, and retail; in addition to niche areas. Rob joins us with 18 years of sell side experience covering REITs, Homebuilders and Land Companies. He began his career at Morgan Stanley where he was individually a top three Greenwich ranked apartment REIT analyst from 2002 – 2006. Subsequent to Morgan Stanley, Rob was Head of the US REIT Team at Macquarie/Fox Pitt Kelton. He was a ranked Greenwich analyst from 2011 – 2013 while at Macquarie/Fox Pitt Kelton.
Mitchel Penn joined the firm as Senior Analyst covering the BDC and Mortgage REIT sectors. Mitchel has over 27 years of experience including 9 years as lead FIG analyst at Legg Mason, where he worked directly with Bill Miller on his Value Trust and Income Opportunity Funds.
Nathan Judge joined the firm as Senior Analyst covering the Master Limited Partnership (MLP) sector. Nathan’s coverage will be focused primarily on MLPs, as well as other Pipeline/Utility companies. Nathan joins us from Atlantic Equities, where he spent the last 10+ years as lead analyst covering Pipelines/Utilities and has been the # 1 Greenwich ranked analyst by European investors in his category for five years. Prior to Atlantic Equities, Nathan worked at both Goldman Sachs and Lehman Brothers as an Equity Research Associate.
David Lebowitz joined the firm as Director and Senior Analyst covering the Biotechnology sector. David’s coverage will focus initially on traditional areas such as oncology and autoimmune diseases as well as emerging areas such as RNA, gene therapy and regenerative medicines. He will provide us with more breadth across some of the most exciting, innovative and growing areas of the biotechnology sector. David joins Janney with over nine years of equity research experience including time spent at Piper Jaffray and Thomas Weisel Partners.
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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.