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
Jeff Spears
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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