Duo from JPMorgan head to Alex. Brown

Duo from JPMorgan head to Alex. Brown
Jon DuPrau and Caspar Tudor join the team in Los Angeles, Calif.
JUN 21, 2018

An investment management group led by Jon DuPrau and Caspar Tudor has moved from J.P. Morgan Securities in Los Angeles to Alex. Brown, a division of Raymond James & Associates Inc. Mr. DuPrau will serve as managing director and head Alex. Brown's institutional consulting in Southern California. He will be one of 17 advisers on the institutional consulting team. Mr. DuPrau brings 18 years of industry experience, having worked previously at Prudential Securities Inc. and Wells Fargo Advisors. He was instrumental in developing a strategy, known as dynamic indexing, that identifies the most attractive stocks in any index. Mr. Tudor will serve as vice president of investments and will work on the team's formulas for the Russell 1000 and 2000 indices. Peter Barry, who has worked as a portfolio manager in a New York family office, is also joining the team, as are Maria Lee, a senior registered client associate, and Iris Lee, who will serve as director of portfolio consulting in Los Angeles. Alex. Brown's institutional consulting group advises on over $7 billion in assets, including endowments, foundations, health care, pension and defined contribution plans. Raymond James has $753 billion in total client assets.

Latest News

Crypto has arrived in the brokerage account but what does it mean for advisors?
Crypto has arrived in the brokerage account but what does it mean for advisors?

Prometheum's Aaron Kaplan on why clearing ETH inside a US brokerage account changes the conversation and what still needs to happen before adoption scales.

Technology Is Moving Fast. Adoption Shouldn’t Be Rushed
Technology Is Moving Fast. Adoption Shouldn’t Be Rushed

The tools are evolving rapidly, but in wealth management, the real challenge isn’t access. It’s integration, security, and discipline.

Lawyer exits case of former JPMorgan Chase banker whose sexual assault claims went viral
Lawyer exits case of former JPMorgan Chase banker whose sexual assault claims went viral

Chirayu Rana’s lawsuit has garnered massive attention on Wall Street.

Schwab advisor arrested for domestic violence charges
Schwab advisor arrested for domestic violence charges

Terrance L. Hayes was arrested April 20 and charged with two felonies.

Most Americans are at risk of outliving their retirement savings
Most Americans are at risk of outliving their retirement savings

People are living longer, but new research warns that many may outlive their savings.

SPONSORED When Growth Outruns the System

According to Flyer Financial Technologies, rising portfolio complexity is exposing the limits of legacy infrastructure and widening the gap between automation and reality

SPONSORED Why strategy matters more than performance

In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.