J.P. Morgan Securities LLC sponsors the J.P. Morgan Personal Advisors Program, an investment advisory program available through its investment advisors. J.P. Morgan Securities LLC acts as the program sponsor and broker-dealer, while its affiliate, J.P. Morgan Private Investments Inc., serves as the sub-advisor and implementation manager. The program invests client assets across various multi-asset class strategies using mutual funds and exchange-traded funds. Services include initial financial planning consultations, ongoing portfolio management, trade execution, custody, performance reporting, and tax-loss harvesting for taxable accounts. The program is designed for individual investors seeking a managed portfolio approach with digital planning capabilities.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 0.60% |
| $250K+ | 0.50% |
Clients with $1,000,000 or more as of May 31, 2024, continue to pay 0.40%.
