J.P. Morgan Asset Management | Company Profile (2024)

FAQs

What is the company profile of JP Morgan? ›

Our company is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Our rich history spans over 200 years. We are a leader in investment banking, financial services for consumers and small business, commercial banking, financial transactions processing and asset management.

J.P. Morgan Asset Management is the marketing name for the asset management business of JPMorgan Chase & Co.

J.P. Morgan's asset and wealth management business ended 2023 with $3.4 trillion in assets under management, up 24%, or $656 billion, on the back of market-related gains and net inflows, primarily to liquidity products.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Morgan Stanley, Geode Capital Management, Llc, Fmr Llc, Bank Of America Corp /de/, and Capital International Investors .

JP Morgan Chase is currently separated into 3 divisions: J.P. Morgan for investment banking and asset management; JP Morgan Chase Bank, N.A. for private banking and private wealth management; and Chase for credit cards as well as retail and commercial banking.

A lot of the time people confuse or ask if JPMorgan Chase & Co. is the same as JP Morgan; the answer is there need not be any confusion as they are the same. The entity was previously known as JP Morgan until it was merged with the Chase Manhattan Corporation in 2000 to become JPMorgan Chase & Co.

Our approach to sustainable investing spans an ESG-integrated investment platform, ESG-enhanced stewardship to help companies manage the financially material ESG risks that they face, and a range of ESG-focused strategies.

J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide. JPMorgan Asset Management (UK) Limited, which is authorised and regulated by the Financial Conduct Authority.

WEALTHIEST MAN IN THE WORLD

Andrew Carnegie sold his steel company to J.P. Morgan for $480 million in 1901. Retiring from business, Carnegie set about in earnest to distribute his fortune.

Goldman Sachs pays a higher dividend yield than JP Morgan Chase. The Market Cap of JPM is over 3.5 times the size of GS. Both companies expect inflation to level in 2023 with less turbulent market activity.

Who is bigger J.P. Morgan or Bank of America? ›

JPMorgan Chase, or Chase Bank, is the biggest bank in America with nearly $3.4 trillion in assets. It boasts a vast network of over 4,800 physical branches and more than 15,000 ATMs.

Formed in 1937, JP Morgan Asset Management is a hedge fund management firm as part of the asset management business of JP Morgan Chase & Co.

J.P. Morgan Chase, a prominent American multinational financial services firm, is owned mainly by large asset management companies. The largest shareholders include Vanguard, holding 9.4% of the company, and BlackRock, with a 6.6% ownership share.

J.P. Morgan goes public. J.P. Morgan & Co., a private partnership since its inception, incorporates and sells shares to the public, becoming J.P. Morgan & Co. Incorporated.

JPMorgan Chase had $3.7 trillion in assets and $303 billion in stockholders' equity as of March 31, 2023.

How is J.P. Morgan different from other banks that work with startups? The firm has decades of global experience, a robust professional and venture capital network, and scalable treasury management solutions—which can make us the only bank you'll ever need.

In 1955, the Bank of the Manhattan Company merged with Chase National Bank, the third largest in the United States, to form Chase Manhattan Bank. And in 2000, Chase Manhattan merged with JPMorgan & Co, to form today's JPMorgan Chase.

JPMorgan Chase & Co. is rated 4.1 out of 5, based on 5.1k reviews by employees on AmbitionBox. JPMorgan Chase & Co. is known for Job Security which is rated at the top and given a rating of 4.2. However, Career growth is rated the lowest at 3.5 and can be improved.