Overview
JPMorgan Private Bank, part of JPMorgan Chase & Co., is one of the largest wealth managers in the world. It manages more than $250 billion in client assets. The private bank maintains it has relationships with 51% of Forbes magazine’s 400 List of U.S. billionaires.
Clients include business owners, corporate executives, entrepreneurs, family offices, foundations and endowments and high-net-worth individuals. JPMorgan Private Bank has clients in 25 states and 11 countries in the Americas, Asia, Europe and Middle East. It offers services and products such as financial planning, investments, succession planning and philanthropic and charitable giving.
The firm, like some of its competitors, is targeting emerging wealth in overseas markets. It plans to open-private banking operations in India within the next year.
Recruiting
JPMorgan Private Bank compensates advisers based on clients' investment performance instead of commissions. You’ll find job listings on its parent’s
Web site, which hosts pages for experienced professionals and freshly-minted undergrad and graduate students.