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JPMorgan breakaways make Page One of the New York Times after $9-billion loss puts spotlight on Dimon's bank

It's a familiar story of pushing proprietary product and advisors not going for it -- but under a sterling brand

Author Lisa Shidler July 9, 2012 at 5:23 AM
1 Comment
no description available
Mathew Goldberg: They didn't care.

Breakaway Stories


Jeff Spears

Jeff Spears

July 9, 2012 — 6:13 PM

This whole JP Morgan story does seem to be piling on like you mention. I would also clarify that a JP Morgan broker and a JP Morgan Pivate Banker a radically different.

One is an ex-Bear Stearns division and the other works with ultra high net worth clients as a fiduciary.

All advisors are NOT created equal.


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