Bank / Wealth / Trust

Updated:

J.P. Morgan Private Bank

J.P. Morgan Private Bank operates as a US-based wealth manager and registered investment advisor. It offers investing, wealth structuring, and other services...

J.P. Morgan Private Bank

J.P. Morgan Private Bank operates as a US-based wealth manager and registered investment advisor. It offers investing, wealth structuring, and other services to ultra-high-net-worth individuals and their families. It serves pensions, charitable organizations, and corporations as a subsidiary of J.P. Morgan Chase.

General information

Firm type

Bank / Wealth / Trust

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Sector focus

Venture Capital (General)

Frequently asked questions

Is J.P. Morgan Private Bank a registered investment advisor?

Yes, the Private Bank operates as a registered investment advisor within the regulatory framework of the United States. This structure imposes a fiduciary duty on the bank when delivering investment advice to its clients, distinct from the broker-dealer arms of JPMorgan Chase. The registration covers the US private-banking business, although non-US offices operate under local regulatory regimes.

Who runs investment decisions at the Private Bank?

The Private Bank does not publicly designate a single named CIO or investment head in its client-facing materials. Investment strategy and asset allocation guidance is produced by J.P. Morgan's central Chief Investment Office and Global Investment Strategy teams, which feed market views and model portfolios to the 3,500 advisors in the field. Individual portfolio construction and manager selection is then executed by advisor teams and the Private Bank's internal investment solutions group.

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