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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
no description available
Mathew Goldberg: They didn't care.

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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In RIA custody milieu, Charlie Scharf's BNY Mellon exit for Wells Fargo is latest unforeseen vapor trail after Lisa Dolly, Tim Hockey, Terri Kallsen, Andy Gill and others fade into the firmament

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Mentioned in this article:

LPL Financial
RIA-Friendly Broker-Dealer, RIA Welcoming Breakaways, Advisory Firm
Top Executive: Dan Arnold

Diamond Consultants
Recruiter
Top Executive: Mindy Diamond



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