JPMorgan is expanding an initiative to woo more wealthy clients
Briefly

JPMorgan Chase is expanding its reach to affluent clients by opening 14 new financial centers across four states, primarily targeting millionaires with at least $750,000 in deposits. The firm aims to enhance personalized services and redefine client interactions through these centers, which will provide expert assistance across banking and wealth management. The initiative follows JPMorgan's acquisition of First Republic and plans to expand to 31 centers by 2026, as the bank aims to bolster its position in the competitive wealth management sector.
“Through these Financial Centers, we are redefining how affluent clients are served, offering a highly personalized level of service that is backed by the global capabilities of JPMorgan Chase,” said Jennifer Roberts.
“These new Financial Centers offer a highly personalized service model, providing greater flexibility to meet clients' needs with exceptional attention and care,” Jennifer Roberts added.
Read at Business Insider
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