Advicent and Janney Montgomery Scott announce strategic technology partnership

Advicent, a leading financial planning technology provider, announced this morning their strategic partnership with Janney Montgomery Scott (Janney), a full-service wealth management, financial services and investment banking firm. Through their financial technology research, Janney identified Advicent, citing “their comprehensive financial planning software offering, advisor- and client-facing technology, competitive pricing model, and most importantly, their answer to the DOL Conflict of Interest Rule.”

Janney will utilize the NaviPlan® financial planning software along with Presentation Module from Advicent to enhance Retirement Income EvaluatorTM and manage compliance efforts in the wake of DOL fiduciary standards. Janney will implement NaviPlan into its workflow with both prospects and clients. As part of the firm’s strategy to continually enhance its secure client site, Online Access, planning tools and outputs from NaviPlan will be incorporated. Providing such access to advanced technology allows advisors to offer account aggregation, comprehensive goal-based assessments, detailed cash-flow analysis programs, and scenario simulation calculations. Amid the upcoming Department of Labor (DOL) regulations slated to unfold in April, Janney was proactive in its search for technology that will aid in bolstering its firm-wide compliance strategies while maintaining excellent client service.


“The ability to remain transparent with clients and prospects is key to any financial services business, especially given the future changes expected from the DOL. The NaviPlan technology capabilities will allow us to successfully navigate this environment, provide our employees with comprehensive technology-based tools, and empower clients with a flexible and easy-to-navigate digital platform,” stated Martin Schamis, Vice President, Head of Wealth Planning at Janney. “Our primary business mission is to put our clients first. As we prepare for heightened regulation in the industry this year, the Janney- Advicent partnership will allow us to continue to deliver on this commitment and set our employees and clients up for long- term success.”

In addition to the partnership announcement, Janney will also upgrade and reconstruct their proprietary Retirement Income Evaluator (RIE) tool through NaviPlan Presentation Module, a feature that allows Janney to mold financial planning tools and custom presentations to fit their process and branded specifications.

Phil Cunningham, CEO at Advicent, explains that the partnership is extremely valued especially as both companies share similar business ideals and proactively recognize the evolution of the industry amid regulatory changes. “We are excited that through Janney’s due diligence and technology research, they have identified Advicent as their technology provider of choice. We look forward to a successful partnership that will empower their workforce with a variety of efficient and effective technology-based opportunities to be leveraged in their DOL compliance strategy.”


Advicent provides SaaS technology solutions for the financial services industry, servicing the world’s largest financial institutions. The Advicent product offering includes the NaviPlan®, Figlo®, and Profiles™ financial planning applications which power their Narrator® Advisor and Narrator® Clients portals; the Advisor Briefcase® marketing communications tool; and the Narrator® Connect application builder which unlocks the power of Advicent APIs. Through their product capabilities and dedicated services, they are able to help thousands of financial professionals and their clients understand and impact their financial future. To learn more, visit


Janney provides advice to individual, corporate and institutional clients. Their 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

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