About Nehrbas Wealth Management

Our team members have dedicated their careers to guiding individual investors and families through some of life’s most important financial decisions by focusing on superior advice and dedicated service. Our culture is fostered by the individuals on our team who all have an attitude of ‘client first’ and genuine personal attention.  Find out more about our team below.


Andrew R. Nehrbas
Executive Vice President/Wealth Management

T. 610.526.7230
E. anehrbas@janney.com

Andrew R. Nehrbas serves as Executive Vice President/ Wealth Management. Andy brings more than 3 decades of service and guidance to clients and has earned industry accolades for his work*. Andy had a great teacher. He began in financial services right after college working alongside his grandfather, the chairman of a national financial firm. Working and living with his grandfather provided Andy with a comprehensive education in financial markets, investing, and building relationships that brought him early and enduring success.

Later Andy moved to Merrill Lynch and quickly rose to become a member of the President’s Council and then, in 1984, joined Legg Mason. A 22–time member of Legg Mason President’s Council and a Managing Director, Andy also held the position of Branch Manager for the Legg Mason Bryn Mawr, Pennsylvania office. Legg Mason’s Private Client Group became part of Smith Barney in 2006. In 2009, Andy joined Janney Montgomery Scott LLC as a founder of Nehrbas Wealth Management.

Andy is a graduate of Franklin and Marshall College. He is an avid squash player, having recently won the 50’s National Amateur Championship in men’s doubles. A former President of the Merion Cricket Club, Andy is actively involved with SquashSmarts, Inc., and Presbyterian Children’s Village. In his free time, Andy enjoys racquet sports, fly fishing, biking and skiing with his wife and their four children.

*Financial Times has recognized Andy as a “Top 400 Adviser” for three consecutive years in March of 2015, 2016 and 2017.  The list recognizes top financial advisers at national, independent, regional and bank broker-dealers from across the U.S.  In 2008 and 2009 Andy was named one of the top fifteen financial advisors by the Philadelphia Business Journal. Also in 2009, Andy was named one of the “Top 1000 Advisors” by Barron’s. In the January 2012 issue of Main Line Today Magazine, Andy was named as one of the Top Financial Advisors on the Main Line and in May 2012, the team was featured in Suburban Life Magazine.


David S. Penn, CFA®
Senior Vice President/ Wealth Management

T. 610.526.7225
E. dpenn@janney.com

David S. Penn serves as Senior Vice President/ Wealth Management. David has over 3 decades in the financial services industry working as an institutional executive designing and overseeing financial products, as well as working with individual clients on their wealth management issues. David was first educated about the stock market by his grandfather and became fascinated with investing at age 9. Today, his combination of quantitative skills, intimate product knowledge and executive acumen makes him uniquely qualified to offer clients a broad range of financial services and investment management.

Prior to joining the Nehrbas Group, David was Executive Vice President and Head of Wealth Management at Janney where he was member of the Executive Committee, and chaired both the firm’s 401K/Profit Sharing Plan Committee and its Product Review Committee. His daily responsibilities included oversight of the Firm’s Wealth Management products and services including product research and development, separately managed accounts, financial planning, mutual funds, insurance, annuities, and retirement solutions. David also oversaw the day-to-day operations of Janney Capital Management, an independent division of Janney Montgomery Scott, providing fee-based discretionary investment management for individual, corporate, and institutional portfolios.

From 2005 to 2007, David managed the investment products area for Smith Barney and prior to that, he spent over 20 years serving Legg Mason in numerous capacities, including as a member of the firm’s equity research department and as Head of the Wealth Management division.

David received his MBA in finance from the Wharton School at the University of Pennsylvania and his undergraduate degree from Drexel University with a B.S. in accounting, graduating with highest honors. He was designated a Certified Public Accountant in 1982 and a Chartered Financial Analyst® in 1987. He serves on the investment committee of the Kimmel Center, the Board of Visitors at the LeBow College of Business at Drexel University, is a member of the CFA Institute and a past President, Vice President and Board Member of the Baltimore Securities Analysts Society.


Meg Tegler Hardesty, AWMA®
Associate Vice President/Wealth Managament
Account Executive

T. 610.526.7224
E. mhardesty@janney.com

Meg Tegler Hardesty is an Account Executive providing investment services for clients. Meg began her financial services career with Andy Nehrbas 32 years ago conducting financial planning and wealth management for clients. Meg’s focus today is the same as the day she joined the industry – she is passionate about helping people manage their wealth. As a young adult, Meg had to learn to become financially independent after losing her father at a young age and vowed to help others with their financial lives.

In addition to financial planning and wealth management experience, Meg has extensive knowledge in investment management, administration, operations, and record keeping of various types of investment accounts, including 529 plans, trusts, estates and 401(k) plans. She recently earned her Accredited Wealth Management AdvisorSM designation to enhance knowledge of strategies to preserve, grow, and transfer wealth.

Meg graduated from St. Joseph’s University with a B.S. in Business Administration. She is past President of the Friends of St. Christopher’s Hospital for Children, where she organized many charitable events to raise money for the needs of the children. Meg’s love for gardening and nature is cultivated as a volunteer at Rushton Farm in Chester County for the Willistown Conservation Trust Community Farm Program. Meg and her husband Chris enjoy many outdoor activities such as hiking with their two dogs (Vizslas) Higgins and Griffin, surfing, cycling, and tennis.


Steven M. Lane, AWMA®
Associate Vice President/Wealth Managament
Account Executive

T. 610.526.7226
E. slane@janney.com

Steven M. Lane is an Account Executive bringing extensive experience in investment research and asset allocation strategies to the team. Previously Steve worked in the corporate office of Legg Mason in Baltimore, Maryland, representing Legg Mason Capital Management and affiliates products as a wholesaler. This experience combined with his desire to provide knowledge directly to serve individual clients, lead him to the Nehrbas Wealth Management Group.

Steve is a primary resource for market and investment information for the Nehrbas Wealth Management team and clients. He recently earned his Accredited Wealth Management AdvisorSM designation, holds the Series 7 and 66 securities registrations, as well as Pennsylvania Life and Health Insurance licenses.

A graduate of The Hill School in Pottstown, PA, Steve then attended Elon University, graduating with a B.S. in Finance. When Steve is not working, he participates in several charitable and volunteer activities, such as Philabundance and Junior Achievement. He enjoys outdoor activities, playing golf and spending time with his wife, Betsy, and daughters Evelyn and Vivian.


Scott Nehrbas
Private Client Associate

T. 610.526.7235
E. snehrbas@janney.com

Scott Nehrbas is a Private Client Associate specializing in fulfilling the service needs for client accounts, as well as the management of administrative systems and procedures. Following his father and great-grandfather, Scott joins the industry to serve the wealth management needs of clients and continues the rich family legacy in financial services.

Prior to becoming a Private Client Associate, Scott attended Franklin & Marshall College where he studied economics. He has exceptional computer and technical skills and knowledge of the software systems powering the administrative services of investment accounts.

Scott is an avid squash player, who throughout his four years playing college squash, helped his team break into the collegiate national top 10. He enjoys racquet sports, skiing, fly-fishing, sailing, and helping out with a nonprofit organization, SquashSmarts, Inc.