JPMorgan taps UBS alum to lead private banking in Tennessee

JPMorgan taps UBS alum to lead private banking in Tennessee
The appointment marks a full circle moment for the banking giant’s new hire as he raises the firm’s profile in Nashville.
JUL 29, 2024

JPMorgan Private Bank is making moves in Tennessee as it names a new leader for its private banking division in the state.

On Monday, it announced the appointment of Jeff Woody as the new head of Nashville and the Tennessee market. Woody will be reporting to Keith Fleming, head of South Atlantic.

In his new role, Woody will lead a seasoned team of professionals including bankers, investment specialists, trust and estate attorneys, wealth advisors, and client service experts, serving high and ultra-high net worth clients across the state, according to JPMorgan.

“Jeff is a respected leader who brings the best out of his team and advocating on their behalf so they can always do their best,” Fleming said in an emailed statement.

JPMorgan is well-placed in the Tennessee market, where it has been serving clients and customers for over 65 years through its various banking divisions.

It’s building on that strength with the appointment of Woody, who started his career in Nashville. Returning with thirty years of experience, he will bolster the firm’s presence and recognition in the region.

JPMorgan has high expectations for Woody as he brings sophisticated wealth management strategies to Tennessee’s most successful individuals and institutions, including C-suite executives, entrepreneurs, business owners, families, and organizations.

Prior to JPMorgan, Woody served as market director at UBS, where he led client engagement in Middle Tennessee and Alabama. His career in the financial services industry also took brief turns at JC Bradford & Co. and Edward Jones.

“The business environment in Nashville is fertile with a strong trend of business start-ups and entrepreneurs choosing to make this vibrant city home to their business, employees, and families,” Woody said, underscoring the opportunity to be tapped in the Music City.

Latest News

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.

Advisor moves: LPL recruitment momentum continues with $815M Northwestern Mutual team
Advisor moves: LPL recruitment momentum continues with $815M Northwestern Mutual team

Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.

SEC chief Atkins signals caution on prediction market ETFs amid broader rethink of novel fund structures
SEC chief Atkins signals caution on prediction market ETFs amid broader rethink of novel fund structures

Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.

Private capital's $1 trillion bet on the American retirement account
Private capital's $1 trillion bet on the American retirement account

From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.

Advisor moves: Wells Fargo Advisors pulls in $9.6b in fresh talent during first half of May
Advisor moves: Wells Fargo Advisors pulls in $9.6b in fresh talent during first half of May

Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.

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