J.P. Morgan Private Bank last year announced plans to double its advisor headcount by adding 1,500 new advisors by 2026. Across the Greater New York region, the Private Bank is looking to hire as many as 350 advisors over the next five years and has already added 85 from the beginning of 2021 through the start of June 2022. Globally, the business has increased advisor headcount by 14% year-over-year, it said.
J.P. Morgan Private Bank provides customized financial advice to help wealthy clients and their families achieve their goals through an elevated experience. The Private Bank oversees more than $1.9 trillion in client assets worldwide.