Janney Enhances its Managed Accounts Capabilities with the Selection of VestmarkONE

Wakefield, MA - July 17, 2012 - Vestmark today announced the selection of VestmarkONE by Janney Montgomery Scott LLC ("Janney"), a leading, full-service wealth management, financial services and investment banking firm. VestmarkONE will enable Janney to expand its managed accounts capabilities across all programs while improving operational efficiency and compliance oversight.

Janney's managed accounts offerings have grown to include a wide variety of products across the full spectrum of asset classes. These robust programs are tailored to investors' unique and increasingly complex needs, requiring the ability to effectively managed sophisticated portfolios.

VestmarkONE will enable Janney to continue to enhance all of their managed accounts programs with comprehensive modeling, rebalancing, advisor and home office trading, pre-trade compliance, and post-trade compliance.

"At Janney, we continuously seek to find new solutions and tools that can improve the quality of the service and advice we provide our clients," said Ed Walters, Head of Product and Research, at Janney. "VestmarkONE's enhanced trading tools and easy-to-use web-based interface will enable us to offer our clients superior managed accounts solutions with the capability and flexibility to meet investors' increasingly complex needs."

"VestmarkONE will allow Janney to take greater control over all of their managed accounts and investment advisory programs, providing enhanced oversight, portfolio surveillance and active management of each portfolio - maximizing their client experience," said Rob Klapprodt, President of Vestmark. "We look forward to working with Janney through the implementation and deployment across the Janney home office teams and advisor population."

About Janney Montgomery Scott LLC:
Janney Montgomery Scott LLC is a leading financial services firm that provides advice to individual, corporate and institutional clients. Our expertise includes guidance about asset management, corporate and public finance, equity and fixed income investing, equity research, institutional equity and fixed income sales and trading, investment strategy, financial planning, mergers and acquisitions, public and private capital raising, portfolio management, retirement and income planning, and wealth management. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company and is a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). www.janney.com.

About Vestmark

Headquartered in Wakefield, Mass. and founded in 2001, Vestmark is a leading provider of portfolio management solutions and outsourced services for financial institutions and their advisors, enabling them to efficiently manage customized client portfolios through an innovative technology platform. Supporting over $1.5 trillion in assets and 5.5 million accounts, Vestmark is a partner to some of the largest and most respected wealth management firms. For more information about Vestmark’s solutions, call (781) 224-3640 or visit www.vestmark.com.

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