JP Morgan Reorganizes Wealth Unit

J.P. Morgan is restructuring its wealth management business by adding an additional division, bringing its total to four. Even though wealth isn’t the largest business line for J.P. Morgan, the bank still needs to foster an environment for advisors that enables cross selling and keeps clients from seeking out other banks, said Craig Kilgallen, a relationship manager at FUSE Research Network.

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Article published on October 23, 2023