Philadelphia, PA-based Janney Montgomery Scott has hired Steven Sapirstein as vice president/assistant branch manager in Boca Raton, FL, while further north David Seigerman joins as first vice president/investments in Bedminster, NJ.

Sapirstein - latterly of Raymond James - brings with him around $23.8 million in assets under management and is charged with expanding Janney’s footprint in South Florida. He has 20 years of experience in the industry and in his new role reports to regional manager, Michael Levin.

Seigerman, meanwhile, has 14 years of industry experience and joins from Morgan Stanley with $67.8 million in AuM and $860,000 in production. He worked at Citigroup between 2006 and 2009, having previously been with Morgan Stanley Dean Witter for seven years.  

At the end of June, Janney recruited Neil McCauley as senior vice president of wealth management in Lancaster, PA. Last month, Jerry Lombard, president of the firm’s Private Client Group, said the firm has hired 17 advisors since the start of 2013, adding that the firm expects to add more in the coming months.