JPM
What is address of the original headquarters of JPM?
23 Wall Street
Name a CIO Portfolio
MEP, MFI, Balanced, Conservative, Growth, etc...
CD
Certificate of Deposit
What time does the typical Analyst day begin?
7:30 AM
What are the four pillars of the Private Bank?
Banking, Investments, Lending, Trusts & Estates
What was the JPM stock price as of EOD yesterday (7/13)?
$148.87
LOC
Line of Credit
What are typical day-to-day tasks?
Account opening, Client Review Reports, Wealth Planning, Making proposals, etc.
Morning Meeting Prompt 1
.
Name three companies that JPM has acquired/merged with in the past.
Bear Sterns, Washington Mutual, Chase Manhattan, Bank One, Chemical Bank, etc... and First Republic
What is the relationship between interest rates and bond prices?
Inverse. As interest rates rise, bond prices fall; visa versa.
SOFR
Secured Overnight Financing Rate
What licensing exams are needed?
SIE (Securities Industries Essentials), Series 7, Series 66
John Pierpont Morgan was ticketed to sail on this ship before he fell ill and cancelled, avoiding a nautical disaster.
Titanic
Where was peak inflation at in the last 2 years and what was the latest CPI print?
June 2022 -> 9.1%
July 2023 -> 3.0%
KYC
Know Your Client
How many years are you an analyst for?
2 years as "Analyst" and 1 year as "Junior Associate" for a total of 3 years.
Morning Meeting Prompt2
.
What is the relationship between JPM and Morgan Stanley?
J.P Morgan's grandson, Henry Morgan, founded Morgan Stanley in 1935.
What is the Federal Reserve's dual mandate and the name of the rate it controls?
Maximum Employment and Stable Prices (Inflation between 2-3%)
Federal Funds Rate
CRUT or CRAT
Charitable Remainder Uni Trust
Charitable Remainder Annuity Trust
What makes a good analyst?
:)