Advisers on the Move

Rising star at Merrill in New York lands at JP Morgan Chase

Racquel Oden to oversee branch and wealth management teams for tri-state area

Jan 16, 2018 @ 12:31 pm

By Bruce Kelly

Racquel Oden, who abruptly bolted Merrill Lynch last month as the manager of its flagship 5th Avenue branch in Manhattan, is landing at JP Morgan Chase, where in March she will become divisional director of the northeast.

According to an internal announcement to employees on Tuesday morning, Ms. Oden will report to Pam Codispoti, who until recently was head of branded credit cards, including the Sapphire card, and is now head of branch banking and wealth management.

Ms. Oden "will oversee our branch and wealth management teams in the Tri-state area and help drive the transformative initiatives we have under way to evolve how we serve customers," according to the memo.

Elizabeth Seymour, a spokeswoman for JP Morgan Chase, declined to comment about the specific nature of the initiatives in wealth management that the bank has underway.

Ms. Oden was a rising star at Merrill Lynch.

Ms. Oden, 44, joined Merrill Lynch in 2010. Prior to that, she worked at UBS Financial Services Inc., according to her BrokerCheck report.

She was promoted in March 2016 to manage Merrill's Fifth Avenue office, replacing Jeffrey Tucker, who had been promoted but later left Merrill Lynch to work at Morgan Stanley. Ms. Oden last month was named one of the financial advice industry's leading innovators by InvestmentNews and was profiled in its Icons and Innovators issue.

0
Comments

What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video

INTV

Why some retirement plan advisers think Fidelity is invading their turf

InvestmentNews editor Frederick P. Gabriel Jr. and reporter Greg Iacurci talk about this week's cover story that looks at whether Fidelity Investments is stepping on the toes of retirement plan advisers.

Latest news & opinion

Cetera reportedly exploring $1.5 billion sale

The company confirmed it's talking to investment bankers to 'explore how to best optimize [its] capital structure at lower costs.'

SEC Chairman Jay Clayton outlines goals for a new fiduciary standard

Rule should provide clarity on role of adviser, enhanced investor protection and regulatory coordination.

Advisers bemoan LPL's technology platform change

Those in a private LinkedIn chat room were sounding off about fears the independent broker-dealer will require a move to ClientWorks before it is fully ready.

Speculation mounts on whether others will follow UBS' latest move to prevent brokers from leaving

UBS brokers must sign a 12-month non-solicit agreement if they want their 2017 bonuses.

Maryland jumps into fiduciary fray with legislation requiring brokers to act in best interests of clients

Legislation requires brokers to act in the best interests of clients.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print