JPM History
What is the name of the firm that J.P. Morgan merged with in 2000 (And resulted in an addition to the original name)?
Chase
What is the term for the potential financial loss or gain that an investor might experience from an investment?
Return on Investment (ROI)
What does MEP stand for?
Managed Equity Portfolio
Who is Team Lead of the Westlake Village PB?
Jake Furlow
What is the first thing we do in the morning?
Watch the Morning Meeting
What is the full name of of J.P. Morgan?
John Pierpont Morgan
What type of investment fund pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities?
Mutual Fund
What were the 3 chip companies mentioned while discussing AI?
NVDIA, AMD, Broadcom
Who is the CEO of JP Morgan?
Jamie Dimon
How many years is the analyst program?
2
Name two 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 term for a financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a specified price before a certain date?
Option
When did the MEP team initiate their Wal-Mart position?
August 2023
Who is the CEO of JP Morgan AWM?
Mary Erdoes
Name 3 types of services that we offer clients
Banking, lending, investing, wealth advisory, trustee and fiduciary service, custody, philanthropic, education, family mission and governance, administrative services
John Pierpont Morgan was ticketed to sail on this ship before he fell ill and cancelled, avoiding a nautical disaster.
Titanic
What is the relationship between interest rates and bond prices?
Inverse. As interest rates rise, bond prices fall; visa versa.
By how much will the number of GLP-1 consumers increase over the next decade?
3x
What are 3 businesses under the JPMorgan Chase&Co. umbrella?
Asset Management, Private Bank, Corporate & Investment Bank, Commercial Bank, Consumer & Community Bank
What was Eva Rhodes position title here at the firm (not Banker)?
Vice President
What is the relationship between JPM and Morgan Stanley?
J.P Morgan's grandson, Henry Morgan, founded Morgan Stanley in 1935.
What are two securities that you don't pay state income tax on?
Municipal bonds and treasuries
What is the time horizon for our LTCMA returns?
10-15 years
What is the amount of Private Bank client assets?
$2 Trillion
What was the JP Morgan PB market share in the Southeast?
3%