Dimon boosts JPMorgan wealth advisers’ pay from Windsor Castle
The overhauled compensation structure is tied to revenue production and features a length-of-service award for high performers with additional revenue, which will be paid in restricted stock units.
Jamie Dimon had a pair of surprises when he dialed into a conference call with a group of JPMorgan Chase & Co.’s wealth advisers: He was at Windsor Castle, and oh, he’s boosting their compensation.
The largest U.S. bank is revamping its 20-year-old pay structure for J.P. Morgan Advisors,
Learn more about reprints and licensing for this article.