J.P. Morgan Investment Management Inc. is a large advisory firm based in New York. It manages $1.4 trillion of regulatory assets for 37,591 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
J.P. Morgan Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of J.P. Morgan Investment Management Inc. is $1.4 trillion. The firm's AUM has grown by 259% since the beginning of its operation, and $368.24 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay J.P. Morgan Investment Management Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of George Crosby White Gatch is investment companies with 163 clients and $650.09 billion of assets under management. Among the 12 most similar advisory firms, J.P. Morgan Investment Management has the 5th lowest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $1.39 trillion for 1,722 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
J.P. Morgan Investment Management also advises several private funds. Namely, three hedge funds, one liquidity fund, thirty four real estate funds, eighty eight other private funds, and thirty three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $50,000,000.
The company employs 3,082 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
George Crosby White Gatch has been acting as President since 1 Jun 2012. William Vasiliy Harris joined the executive team most recently as the Director / Managing Director.
The principal office where J.P. Morgan Investment Management Inc. performs its advisory services is located at 383 Madison Avenue, New York, NY 10179 0001 The mailing address of the firm is 277 Park Avenue, Ny1 E026, NY 10172. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-343-1113. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at jpmorgan.com.