JP Morgan Wealth Management has divulged plans to hire over 100 financial advisers in the Phoenix metro area by 2022.

The company is hiring new employees to offer remote professional financial advice for clients who prefer to engage through video and phone.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The move is aimed at strengthening its US wealth management business and its new remote financial advice offering.

JP Morgan’s National Branch complements its US wealth management business offering, consisting of advisers working in branches and offices in Arizona and across the country, as well as digital self-directed online platforms.

JPMorgan Chase has more than 200 branches in Arizona, of which more than 150 branches are said to be in the metro Phoenix area.

JP Morgan Wealth Management head of National Branch Boaz Lahovitsky said: “National Branch adds to the exceptional service we offer from branches and offices and gives us the capacity to truly serve our clients how, where and when they want.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The Phoenix metro area will play a crucial role in the expansion of our remote advice offering and shows JP Morgan’s continued commitment to the city.”

National Branch business execution director Tyler Craig will lead the expansion in Arizona.

Commenting on the development, Craig said: “Phoenix’s thriving job market, high quality of life and diverse talent pool are a natural match to J.P. Morgan’s strong values, tradition and culture.

“We are looking for individuals who are passionate about building relationships with clients while helping them achieve their goals through sound financial planning and who can help us foster a culture of excellence, diversity and inclusion.”

Meanwhile, this January, it was reported that JPMorgan is in initial talks with China Merchants Bank to set up a Chinese wealth management joint venture.

Besides, last month, a report said that JPMorgan is withdrawing from its private banking operations in Mexico and has entered into an agreement to refer the business to BBVA Mexico.