Merrill team managing $325 million moves to Janney
Michael Kernicky and his two sons join the firm in Media, Pa.
A team consisting of a father and his two sons, who managed $325 million at Merrill Lynch in Media, Pa., have joined Janney Montgomery Scott.
The Kernicky Group consists of Michael Kernicky, who had been with Merrill Lynch since 1986; son Michael J. Kernicky, who joined his father in 2009; and John Kernicky, who joined the firm in 2011.
(More: Merrill Lynch: Compensation plan paying off in new business)
Separately, William F. Peck, who had $90 million in assets under advisement at Brown Advisory, joined Janney’s Towson, Md., office.
(More: Janney adds 19 advisers, $3.1 billion in advised assets, in second quarter)
Learn more about reprints and licensing for this article.
