Janney Montgomery Scott LLC ("Janney"), a leading full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, Pa., today announced that Norman L. Oremland and Steven W. Goldfarb have moved their practice, The Oremland / Goldfarb Group, to Janney's Washington, DC branch office.

Oremland is a Senior Vice President / Wealth Management and Goldfarb is an Assistant Vice President / Wealth Management. The Group joins from UBS where they spent the last seven years. Prior to UBS, Goldfarb spend six years at Legg Mason/Citi Smith Barney. Oremland was with Legg Mason/Citi Smith Barney from 1987 to 2007 and earlier with Merrill Lynch from 1973 to 1977.

"Norman and Steve bring strong industry knowledge and experience to our firm," said Jeff Smith, Washington DC Branch Manager. "They exemplify the characteristics we strive to find in our Firm's Financial Advisors and embody the values we strive to find in all employees. We are extremely pleased they have chosen to bring their commitment to financial education, client service and dedication to the community here to Janney."

Oremland graduated from the University of Maryland with a bachelor's degree and an MBA in Finance. He is a past president of the Alumni Board for the Maryland Business School and is on the finance committee for the University Alumni Association.

Goldfarb graduated from Arizona State University with a degree in Accounting. After spending 20 years at Avnet Electronics in various sales and marketing positions, Goldfarb transitioned into finance where he began his career at Legg Mason.

Janney's Washington DC branch office is located at 1255 23rd Street NW, Suite 150, Washington, DC 20037, (800) 922-9237; (202) 955-4300.

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 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.

Janney Montgomery Scott LLC
Karen Shakoske
Marketing and Corporate Communications
215-665-4458
kshakoske@janney.com