Chase Expands Private Client Services
Chase will open its newest Private Client office in Chicago today, only two days after opening its second New York City office at 56th St. and Third Ave. in Manhattan Aug. 16 to serve affluent customers. Private Client offices combine Chase banking services for elite customers with J.P. Morgan investment services.
The first Manhattan office was opened July 19 at 61st St. and Broadway to provide the expanded services for wealthy clients. Including the Chicago office, seven new private client offices have been opened nationwide so far this year, according to Chase. Combined with already existing offices, and additional planned openings, Chase plans to have a total of 250 such offices across the country by the end of this year and 600 by 2013.
The new offices, like the already established Private Client services office, will provide investment products, as well as preferred rates, waived fees and specialized lending and mortgage products and access to a representative 24/7 through a special hotline. The offices are located in Chase branch offices.
There is no minimum investment required but the offices are designed for those with a high level of assets, says Lauren M. Francis of Chase media relations. The affluent clients will be served by a team of professionals from Private Client Banker and the J.P. Morgan Private Client Advisor. Clients will receive tailored investment solutions, information from J.P. Morgan's research and market commentaries and access to investment advice and technology.
"Chase Private Client is a recognition and response to the evolving needs of our affluent Chase customers," says Barry Sommers, CEO of Chase Wealth Management.
Events
SOCAP 11 will be held September 6-9 at the Ft. Mason Center in San Francisco. The conference is part of Social Capital Market's event series connecting investors, foundations, institutions and social entrepreneurs worldwide to address the impact investing market-an emerging asset class that provides financial gains for investors with a social and environmental benefit. Go to socialcapitalmarkets.net for further information.
The Marketing and Client Servicing for Hedge Funds Conference, hosted by Financial Research Associates, will be held September 8-9 at The Princeton Club in New York City. Go to www.frallc.com for further information.
The 11th Annual New York International Film & TV Finance Summit, a forum to explore how independents can find financing to make, distribute and market films, will be held September 22-23 at the Marriott Marquis Hotel in New York City. Go to www.citeusa.org or call 800-207-4432 for more information.
The Fiduciary Gatekeeper Research Manager Summit, produced by Financial Advisor and Private Wealth magazines, will be held September 26-28 at the Boston Park Plaza Hotel and Towers in Boston. Morningstar's head of fund research will be on hand to explain the company's new system for rating analysts. Go to www.fa-mag.com for further information.
The inaugural Chicago Ideas Week, a gathering of top innovators, thinkers and creators from around the world, will be held October 10-16 in Chicago. Speakers include former Supreme Court Justice Sandra Day O'Connor and John Thorn, the official historian for Major League Baseball. Go to www.chicagoideas.com for further information.
The FOX Fall Forum, featuring keynote speaker Richard N. Haass, president of the Council on Foreign Relations, will be held October 17-19 in Chicago. The event is for qualified family offices only. Go to www.familyoffice.com for more information.
The 9th Annual Point of Change Nonprofit Conference, sponsored by the Connecticut Association of Nonprofits, will be held November 10 at the Crowne Plaza Hotel in Cromwell, Conn. The event will address economic and legislative changes facing the nonprofit sector as demands for services rise. Go to www.ctnonprofits.org for more information.