Janney has expanded its operations in Washington, D.C. with a two-man team overseeing $142 million in assets.

The firm tapped two former Morgan Stanley advisors, Robert Benson and his partner Michael Slaymaker, to help expand its presence in the area. They will operate as the Old Dominion Group along with their client assistant Elizabeth Miller.

“With more than 50 years of combined industry experience, Robert and Michael have built a strong, client-centric practice, which will be instrumental as we continue to look for growth opportunities in the DC-metro area,” the president of Janney’s private client group, Jerry Lombard, said in a statement. “While Janney already has a well-established presence in this area, we’ve remained focused on expanding strategically within our existing footprint to provide our clients superior service in convenient locations.”

Benson, who joins as first vice president/wealth management, has 28 years of experience, according to registration records with the Financial Industry Regulatory Authority. He began his career at Legg Mason before moving to Citigroup and then most recently Morgan Stanley.

Slaymaker joins as vice president/wealth management and began his career at Legg Mason in 2005. He then moved to Citigroup and finally Morgan Stanley before joining Janney.

Janney also recently added a Morgan Stanley duo with $1.5 million in production in Delaware. Overall, Janney has around 730 advisors.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access