McCauley oversees approximately $98 million in client assets and is joined by W Robert Poff and Cindy Bomberger to form The McCauley Group.

McCauley is formerly of Wells Fargo, where he spent the past four years. He worked at Wachovia from 2006 to 2009, having previously been at Legg Mason for 22 years.

Janney has made a number of hires in the past few weeks and indeed months. Last week, for example, the firm added industry veterans Alfred DeRenzis and Scott Ford to its new Westminster, MD, office as senior vice president of wealth management and first vice president of wealth management, respectively.  In another move, it reinforced its presence in Florida with the addition of Greg Torretta as senior vice president and branch manager in Fort Lauderdale.

Also this month, W G Simms Oliphant and Christopher Smith were brought in as senior vice presidents for wealth management in Columbia, SC. Lombard said Janney has hired 17 advisors since the start of 2013, adding that the firm expects to add more in the coming months.