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

Featured video

Events

Transamerica's Boan: Crafting better retirement income conversations

Retirement income is a challenge for investors. How can advisers have better conversations about retirement income? Transamerica's Joseph Boan offers insights and tips for advisers.

Latest news & opinion

HighTower on prowl for new CEO, Weissbluth to become chairman

Move is latest in Chicago-based RIA consolidator's effort to expand senior leadership team.

What's in a name? For TCA by ETrade, everything

Trust Company of America is gone, and there's big buzz over the name change. But turning the custodian into an industry powerhouse will take a lot longer — if it happens at all.

When it comes to regulating AI in financial services, murky waters are ahead

Laws are unclear on how the technology fits in with compliance.

As Ameriprise case shows, firms on hook when brokers go bad ​

The SEC will collect $4.5 million from the brokerage firm for failing to supervise brokers who were ripping off clients.

10 highest paid professions in America today

These are the top-paying jobs in the U.S., according to Glassdoor.

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