J.P. Morgan Private Bank said Tuesday it had hired a three-person team of Chicago-based private bankers rival Citigroup who oversaw more than $2 billion in client assets in their prior positions.
Two of the bankers, Amy Welzer and Jennifer Jones, had previously been registered with J.P. Morgan Securities and will have the titles of managing director and executive director, respectively. The third member of the team, Steven Hoffman, will be an associate.
The team will report to Neal Gram, managing director and Chicago market manager, J.P. Morgan said in its announcement.
Across the Chicago region, the J.P. Morgan Private Bank is looking to hire as many as 75 advisers over the next five years and has already added 60 from the beginning of 2021 through the start of June 2022, the company said in its statement..
JPMorgan Chase & Co. is in hiring mode. In May, the bank said it planned to add about 1,300 financial advisers over the next three years as part of a strategy to boost assets in its wealth management operation to $1 trillion.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
Whichever path you go down, act now while you're still in control.
Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
Streamline your outreach with Aidentified's AI-driven solutions
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
