Well, this is getting confusing! There are Chase Private Client, JP Morgan Private Client, Chase Private Bank, & JP Morgan Private Bank. What's the difference between the two "flavors" of Private Client & Private Bank?
LAX
- Chase Private Client minimum is $150K. Services have deteriorated since they rolled this program out.
- JP Morgan Private Client minimum is $750K. This program has always been exsistence, but the program is being marketed because of the FRB merger and the roll out of JPM Wealth Advisory Program. Target market is HNW, C Suite, employees of JPM Corporate Banking clients, and now FRB Wealth clients.
- JP Morgan Private Bank minimum is $10M, but they are flexible.
- There is no Chase Private Bank.
Last edited by SteveT; Jul 5, 2024 at 5:55 pm
Reason: updates