A financial advisor managing $215 million in assets left Merrill Lynch to join regional firm Janney Montgomery Scott.

Dan Honan joined Janney as an executive vice president in Yarmouth, Maine. While at Merrill, Honan generated $1.4 million in annual revenue.

He is an industry veteran, having started his career in 1986 at Lehman Brothers, according to FINRA records. He had worked at Merrill since 2010.

Honan reports to Peter Price, senior vice president and northern region complex manager at Janney.

The Philadelphia-based firm last announced recruits in October, saying that it had added a wife-and-husband team in Marietta, Ohio, and that it had picked up a J.P. Morgan team to open a new office in South Kingstown, R.I.

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