J.P. Morgan adds six advisers with $1.2 billion

J.P. Morgan Securities recruits come from Bank of America Merrill Lynch, Bernstein and UBS.
MAR 06, 2014
J.P. Morgan Securities in recent months has added six financial advisers who managed more than $1.2 billion. The firm, a division of JPMorgan Chase & Co. that serves ultrawealthy clients, nabbed advisers from Bank of America Merrill Lynch, Bernstein Global Wealth Management and UBS Wealth Management Americas. More: Catch up on all of February's Advisers on the Mvoe “We continue to add top talent in growing markets, and our unique position as a boutique advisory firm with the significant global resources of J.P. Morgan continues to attract leading advisers in the business,” Greg Quental, chief executive of J.P. Morgan Securities, said in a statement announcing the hires. In October, J.P. Morgan Securities picked up Darren Graff and Natalya Muravchik from Merrill Lynch. They joined the New York office and report to regional director, Mike Lee. Former UBS advisers Roland Pritchett and Matt Stucke joined J.P. Morgan Securities in Atlanta in November, according to records of the Financial Industry Regulatory Authority Inc. Together, they have 35 years of experience and report to regional director Pete Secret, the statement said. (More: Wirehouse breakaway market seen thawing) Advisers Kevin Baker and Dan Sullivan joined the firm's Seattle office and have 11 years of combined experience. They previously worked at Bernstein Global Wealth Management, a unit of AllianceBernstein. The two, who joined last month, report to regional director David Jernigan. J.P. Morgan Securities didn't break out assets under management individually. Overall, the firm has about 450 advisers spread across 20 branch offices.

Latest News

Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions
Fiduciary failure: Ex-advisor who sold practice fined after clients lost millions

A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.

Why the evolution of ETFs is changing the due diligence equation
Why the evolution of ETFs is changing the due diligence equation

As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.

Most asset managers are using AI, but few let it call the shots
Most asset managers are using AI, but few let it call the shots

Survey finds AI widely embedded in research and analysis, but barely touching portfolio construction or trade execution.

LPL, Raymond James score fresh recruits in advisor recruiting battle
LPL, Raymond James score fresh recruits in advisor recruiting battle

Two firms land teams managing more than $1.1 billion in combined assets from Kestra and Edward Jones.

Edward Jones facing more race bias claims in new lawsuit
Edward Jones facing more race bias claims in new lawsuit

A private partnership, Edward Jones is a giant in the retail brokerage industry with more than 20,000 financial advisors.

SPONSORED Are hedge funds the missing ingredient?

Wellington explores how multi strategy hedge funds may enhance diversification

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management