J.P. Morgan Private Bank

Over the past few years, we’ve been constructive on preferred securities for those looking to invest in higher-yielding assets. Preferreds share features with both bonds and equities, and offer investors an opportunity to invest in high-quality companies with the potential for returns and price appreciation. Why might they be attractive now? In this article, we discuss the risks and benefits of preferreds, including their appealing yields, attractive dividends and favorable tax treatment for some investors. http://spr.ly/6042gQFnu Preferred securities are typically long dated securities with call protection that fall in between debt and equity in the capital structure. Preferred securities carry various risks and considerations which include: concentration risk; interest rate risk; lower credit ratings than individual bonds; a lower claim to assets than a firm's individual bonds; higher yields due to these risk characteristics; and “callable” implications meaning the issuing company may redeem the stock at a certain price after a certain date.

In celebration of #PrideMonth, we recognize and celebrate the diverse cultures, stories and contributions of our #LGBTQ+ colleagues across the firm.

What explains the economy’s surprising strength—and will it last? Can markets keep powering forward in the face of very real geopolitical risks? Tune in to a replay of our #MidYearOutlook webcast, where we discuss what steps investors should take to navigate the current environment: http://spr.ly/6045gq4L5. #jpmorganprivatebank

We were delighted to recently host our inaugural 2024 EMEA Emerging Family Leaders in London—the first in a series of upcoming events across the United States and Latin America. Our Emerging Family Leaders series presents a unique opportunity for future generations of family leaders, entrepreneurs and disruptors to engage with their peers while hearing about topics ranging from AI to long-term investment planning. Learn more about this event: http://spr.ly/6045gauv5.

J.P. Morgan Asset & Wealth Management (AWM) Chief Executive Officer Mary Callahan Erdoes and the AWM Operating Committee (AWM OC) recently spent a week in Asia. During the visit, they hosted clients at the firm’s 20th Annual Global China Summit in Shanghai, which brought together over 2,500 delegates from 1,300 companies across 33 countries and markets. Following the Summit, Mary and the AWM OC held an engaging employee town hall. The trip underscored multiple milestones for J.P. Morgan Asset Management and J.P. Morgan Private Bank in Asia, and highlighted our commitment to the region. Learn more: http://spr.ly/6047gOZ8x

J.P. Morgan Private Bank was proud to be partnered with 1000 Miglia Srl. From classic car simulators in our dedicated booth at the paddock to an intimate winery tour and dinner, clients witnessed a whirlwind of sight and sound as they immersed themselves in the excitement of “the most beautiful race in the world.” Watch more: http://spr.ly/6044ggE1o.

We are proud to announce that we are not only continuing our partnership with Endeavor, but are also expanding it internationally. For a decade, we have partnered with this leading global community of high-impact entrepreneurs, which operates in 40+ countries and has helped 2,500+ entrepreneurs in their journeys to scale. We are also delighted to add other parts of the J.P. Morgan family to this partnership, which now extends beyond the Private Bank to include the Investment Bank and J.P. Morgan Payments. Tomas Pierucci, Head of the International Tech Disruptors at J.P. Morgan Private Bank, says this partnership underscores the firm’s commitment to entrepreneurship globally: “At J.P. Morgan, we believe in the power that entrepreneurs have to change the world to a better place, and Endeavor is playing a key role in supporting them.”

We’re thrilled to welcome our 2024 Summer MBA Associates to J.P. Morgan Private Bank. This impressive group of talented individuals, including 16 veterans, has come together from over 20 top business schools. Their diverse backgrounds, skills and experiences reflect the future of our firm, and we look forward to all that they’ll accomplish this summer.

Now available: Our Mid-Year Outlook: A strong economy in a fragile world. http://spr.ly/6048gDnnp Despite sticky inflation, geopolitical conflict and a contentious U.S. election, we see a healthy backdrop for investors for the rest of the year. Why? Robust economic growth, strong corporate profits, a solid labor market and more. #jpmorganprivatebank #MidYearOutlook

Entrepreneur and bestselling author Fawn Weaver’s newly released book “Love & Whiskey” is a highlight of our 2024 Summer Reading List. Fawn, founder of the billion-dollar brand Uncle Nearest Premium Whiskey, tells the remarkable true story of her company’s namesake, Nearest Green, a formerly enslaved African American master distiller who played a key role in developing Jack Daniel’s Tennessee whiskey. As we celebrate #Juneteenth, watch Fawn’s discussion with Debra Langford, Head of Black Wealth Strategies for J.P. Morgan Private Bank, about this inspiring figure: https://bit.ly/3XpS27L. #jpmorganprivatebank