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Daniel Carney

Janney Montgomery Scott LLC
49 Years of Experience
South Kingstown, RI
5 DisclosuresBroker
View SEC Summary
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Daniel Carney is a registered investment advisor at Janney Montgomery Scott LLC, based in South Kingstown, RI, with 49 years of industry experience. Daniel is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Charitable Giving, Education Planning, Estate Planning, and 6 more. Their firm serves 243,808 clients with $110B in assets under management.

Janney Montgomery Scott LLC
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1340 advisors
Number of Clients
243,808 clients
Average Client Portfolio
$452K average
Assets Under Management
$110.1B

Fee Structure

Minimum Investment:$5K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.00%
$500K - $1.0M2.00%
$1.0M - $2.0M2.00%
$2.0M - $5.0M2.00%
$5.0M - $10.0M2.00%
$10.0M - $25.0M2.00%
$25M+2.00%

Fees represent maximum financial advisor fees; additional third-party manager sub-advisory fees may apply depending on the program. All fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

36 South County Commons Way, Unit C2, South Kingstown, RI, 02879

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History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
February 2004
Denied
Customer Dispute
April 2003
Settled
Customer Dispute
October 2002
Denied
Customer Dispute
September 2002
Settled
Customer Dispute
February 2001
Denied
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Daniel is a co-general partner/advisor for Caribbean Baseball Initiative Partnership, dedicating about 10-20% of his time to offering advice on potential projects and capital expenditures. He also serves on the finance committee for Rhode Island Interscholastic Committee and is a member/manager of Bonnet LLC, both requiring minimal time.

Employment History
Current Registrations
Janney Montgomery Scott LLCBroker
October 2014 - Present · 12 yrs
Janney Montgomery Scott LLC
October 2014 - Present · 12 yrs
Previous Registrations
J.P. Morgan Securities LLCBroker
March 2006 - October 2014 · 8 yrs 7 mos
J.P. Morgan Securities LLC
March 2006 - October 2014 · 8 yrs 7 mos
Citigroup Global Markets INC.
February 2006 - March 2006 · 1 mo
Citigroup Global Markets INC.Broker
February 2006 - March 2006 · 1 mo
Legg Mason Wood Walker INC
August 1995 - February 2006 · 10 yrs 6 mos
Legg Mason Wood Walker, IncorporatedBroker
July 1995 - February 2006 · 10 yrs 7 mos
Dean Witter Reynolds INC.Broker
January 1988 - July 1995 · 7 yrs 6 mos
E. F. Hutton & Company INCBroker
September 1977 - February 1988 · 10 yrs 5 mos
State Registrations27 states
AZCOCTDEFLGAIAILINMAMEMOMSNCNHNJNYOHOKRISCSDTNUTVAVTWA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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More financial advisors in South Kingstown, RI →All financial advisors in Rhode Island →
Daniel Carney - Financial Advisor | TrueAdvisor