Mark D. Luschini
Chief Investment Strategist
Janney Montgomery Scott LLC


Managing Director
Janney Capital Management


Mark Luschini serves as the Chief Investment Strategist for Janney Montgomery Scott LLC, leading the Investment Strategy Group. In that capacity Mark is responsible for establishing the firm’s broad outlook relating to conditions in the capital markets and the economy and to develop investment strategies best suited to satisfy the goals and objectives of individual and institutional clients. He also establishes the firm’s asset allocation models used for portfolio construction and financial planning. Additionally, Mark directs Janney Capital Management, the firm’s discretionary investment management division.

Under his leadership, Janney Capital Management has delivered competitive investment results across multiple strategies. The total assets under management has grown to approximately $2 billion, with $1 billion in traditional equity and fixed income assets, and $1 billion in various strategic and tactical asset allocation strategies utilizing exchange-traded products and mutual funds.

He is a member of the Janney Wealth Management Department’s Mutual Fund and Alternative Investment Committees. In Janney Capital Management, Mark chairs the Investment Committee which sets asset class and sector policy and directly participates in managing the equity, fixed income and asset allocation strategies under its advisory.

Mr. Luschini has spent more than twenty five years in the investment industry interfacing with both current and prospective clients. He utilizes that experience to speak on topics related to investment planning and asset management at seminars and conferences. His comments and written articles have been circulated in numerous publications ranging from the Pittsburgh Post-Gazette and the Philadelphia Inquirer to the New York Times, Barron’s, USA Today, Financial Times, Wall Street Journal, Money magazine and Worth. He has appeared in various media outlets including CNBC, Bloomberg Television, CNN, Fox Business News and PBS’s Nightly Business Report. He is a Trustee for Janney Montgomery Scott’s Pension & Profit Sharing Plan.

Guy Lebas
Chief Fixed Income Strategist
Janney Montgomery Scott LLC


Mr. LeBas joined Janney in 2006 and is a Managing Director and the Firm’s Chief Fixed Income Strategist. He is responsible for overseeing Janney’s Fixed Income Strategy & Research (FISR) group, a team charged with providing insight into the bond markets across four verticals: Economic & Interest Rate Strategy, Credit Research, Municipal Research, and the Balance Sheet Strategies Group. Mr. LeBas and the FISR team author in-depth economic and bond market periodicals and providing provides relative value recommendations across the fixed income spectrum. In addition, FISR works closely with Financial Advisors in providing customized investment strategies for a range of institutional and high-net-worth clients. Mr. LeBas is also a frequent guest on CNBC, Bloomberg TV, and Fox Business News as well as a regular speaker at financial industry conferences. He has been named among the “Bloomberg Best” for economic and bond market forecasting.

Prior to joining Janney, Mr. LeBas served as Interest Rate Risk Manager for U.S. Trust’s bank asset and liability portfolios, a role in which he oversaw risk and return on an $11 billion balance sheet. He received his education from Swarthmore College and is a CFA Charterholder.