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$800M Merrill team joins Janney Montgomery Scott

JanneyMontgomery Scott LLC has hired a team of advisers formerlyaffiliated with Merrill Lynch &Co. Inc.

The team, known as Seaport Wealth Management of JanneyMontgomery Scott, will operate out of Janney's West Hartford, Conn., and itsnewly opened Mystic, Conn., offices.

The group includes Ken Griffen and Paul Vaida as senior vicepresidents, Royden Grimm and Barry Saluk as first vice presidents, and JaredBloxsom as vice president. Four paraplanners and administrative professionalswill also join the advisory team at Janney.

Seaport Wealth Management manages more than $800 million inassets from nearly 900 clients.