After closing over 30 offices in preparation for Hurricane Sandy, Philadelphia-based Janney Montgomery Scott says that less than 10 of its approximately 100 offices were severely impacted.
Among those affected, the main trouble spots were in Northern Jersey, Pennsylvania, and lower Manhattan, where the firm had a 3rd floor office that was in flooded areas. According to Chris Munafo, head of private client group administration, the firm is focused on finding ways to make sure those advisors are able to work remotely from home or at a nearby branch.
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