Mark Luschini

Janney Capital Management (JCM) seeks to deliver competitive investment results through all market conditions while managing risk appropriately. From macroeconomic analysis and strategic asset allocation to fundamental analysis, diversification and rebalancing, the firm applies the basic principles of asset management is a responsible manner. To manage risk, they diversify assets within the equity market by sector, market capitalization and geography. Within the fixed-income market, JCM diversifies by issuer, duration/ maturity and sector. Then they overweight or underweight different market components as economic conditions change. JCM employs a value-oriented approach when evaluating investment opportunities and select investments for portfolios by carefully balancing both potential investment return and risk. Principal protection is an important focus of their portfolio management process. The firm avoids market timing because they believe this strategy doesn't deliver reliable results over time. Rather, based on economic and financial market developments, they invest and adjust portfolios to capitalize on market potential. JCM's separately managed investment solutions include: (1) balanced accounts (2) tactical asset allocation strategies (dynamic funds) (3) separately managed accounts featuring exchange-traded products (ETPs) (4) equity strategies (5) taxable and tax-exempt fixed income strategies (state-specific when applicable) and (6) separately managed accounts using mutual funds and ETPs.

Functions as a College/University

JMS-IM offers investment advisory services primarily through their Wealth Management Department. The investment advisory services generally fall within one of four broad business lines: (A) wrap fee programs (programs that typically provide investment advice, brokerage trading and custody and reporting for a fee); (B) financial planning services; (C) retirement plan investment advisory services; and (D) consulting services.

Janney Capital’s approach to security analysis is based primarily on fundamental research. The firm’s investment committee, comprised of their investment personnel, meets to evaluate global and domestic macroeconomic trends and the opportunities they present, and to identify asset allocation, asset class and sector weightings, strategic and tactical portfolio strategies and security selection.