Charlotte, North Carolina, December 11, 2025
Janney Montgomery Scott LLC has welcomed seasoned financial professionals Albert Grenert and Michael Smith to its Charlotte office, enhancing the firm’s advisory capabilities. Together, they manage nearly $500 million in client assets and their addition highlights Janney’s commitment to growth in vibrant markets. Alongside them, Tonya McMahon will serve as Branch Operations Assistant. Janney is also planning to relocate its Charlotte office to Rock Hill, South Carolina, by mid-2026, aligning with its broader strategy of regional expansion.
Janney Montgomery Scott Expands in Charlotte with New Advisors
Seasoned financial professionals Albert Grenert and Michael Smith enhance Janney’s capabilities.
Charlotte, North Carolina – Janney Montgomery Scott LLC has made significant strides in its growth strategy by welcoming two experienced financial advisors to its Charlotte office. Albert Grenert and Michael Smith, who together manage nearly $500 million in client assets, bring extensive experience from various sectors of financial services. This move highlights the continued resilience and innovation within the financial industry, particularly in robust markets like Charlotte.
The addition of Grenert and Smith not only showcases Janney’s commitment to expanding its advisory services but also reflects a broader trend of entrepreneurial spirit and collaboration in North Carolina’s business landscape. As local economies continue to thrive, investments in human capital remain paramount for sustained growth and community benefit.
Advisor Backgrounds
Albert Grenert comes to Janney with 33 years of financial services expertise, bringing a specialization in retirement and estate planning. His military service as a United States Army veteran complements his academic background from the New Hampshire Technical Institute and Southern New Hampshire University. This combination of practical and theoretical knowledge enables Grenert to offer tailored financial solutions to clients seeking long-term planning.
Michael Smith adds nearly 20 years of industry experience, focusing on comprehensive financial planning. A graduate of Virginia Tech, Smith also holds the CERTIFIED FINANCIAL PLANNER® designation, a testament to his qualifications and commitment to delivering professional financial advice. The diverse expertise of both advisors is a significant asset to Janney and their clientele.
Team Expansion
In addition to Grenert and Smith, the firm welcomes Tonya McMahon as Branch Operations Assistant. With a career in the financial services field since 1996, McMahon brings experience in various departments, including IRA, Regional Branch Office, and Compliance. She holds a degree in Accounting from the University of Phoenix, further adding to the team’s operational strength.
Office Relocation Plans
The new team will initially operate from Janney’s existing office in Charlotte. Plans are in place for a relocation to a new facility in Rock Hill, South Carolina, which is set to open by mid-2026. This strategic move aligns with Janney’s growth trajectory and further integrates its services into the expanding regional economy.
Janney’s Regional Growth
Janney’s Southeast Region has experienced remarkable growth, with over 81 advisors joining since 2012 under the leadership of Senior Vice President Andrew M. Kistler, III. With ongoing expansions in key markets like North and South Carolina, Janney continues to pursue a strategy of attracting top talent to better serve its clients and adapt to market demands.
Recent Advisor Additions
In 2024, Janney expanded its talent pool further by bringing in 27 experienced financial advisors who collectively manage more than $4.3 billion in client assets. This influx of talent from various well-regarded firms emphasizes Janney’s commitment to maintaining a robust network of professionals dedicated to client-centric services in wealth management.
About Janney Montgomery Scott LLC
Founded as a full-service wealth management and investment banking firm, Janney Montgomery Scott LLC prioritizes the needs of its clients across multiple domains. With the presence in 25 states and over 900 financial advisors as of September 30, 2025, Janney is well-equipped to provide comprehensive financial services to individuals, families, and businesses alike.
Frequently Asked Questions (FAQ)
Who are the new financial advisors joining Janney in Charlotte?
Albert Grenert and Michael Smith, who collectively manage nearly $500 million in client assets, are joining Janney’s Charlotte office.
What are the backgrounds of Albert Grenert and Michael Smith?
Albert Grenert has 33 years of experience in the financial services industry, specializing in retirement and estate planning. He is a United States Army veteran and studied business at the New Hampshire Technical Institute and Southern New Hampshire University.
Michael Smith has nearly 20 years of industry experience, focusing on comprehensive financial planning. He graduated from Virginia Tech and holds the CERTIFIED FINANCIAL PLANNER® designation.
Who is Tonya McMahon?
Tonya McMahon will serve as Branch Operations Assistant. She has been in the financial services industry since 1996, with experience in the IRA department, Regional Branch Office, and Compliance. She earned her degree in Accounting from the University of Phoenix.
Where will the new team operate from initially?
The team will initially operate from Janney’s Charlotte office before transitioning to a new location in Rock Hill, South Carolina, set to open in mid-2026.
How has Janney’s Southeast Region grown recently?
Since 2012, over 81 advisors have joined Janney’s Southeast Region, contributing to the firm’s expansion in key markets, including North and South Carolina.
How many advisors has Janney added in 2024?
In 2024, Janney added 27 experienced financial advisors, collectively managing over $4.3 billion in assets. These advisors joined from various firms, including Baird, Citizens, Fidelity, Kestra, LPL, Merrill Lynch, Osaic, Raymond James, Steward Partners Global Advisory, Truist, UBS, and Wells Fargo.
Key Features of the New Team
| Advisor Name | Role | Experience | Assets Under Management | Office Location |
|---|---|---|---|---|
| Albert Grenert | Senior Vice President/Wealth Management | 33 years in financial services | Nearly $500 million | Charlotte, North Carolina |
| Michael Smith | Executive Vice President/Wealth Management | Nearly 20 years in financial services | Nearly $500 million | Charlotte, North Carolina |
| Tonya McMahon | Branch Operations Assistant | Since 1996 in financial services | Not specified | Charlotte, North Carolina |
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