JPMorgan Chase is expanding into our market with various positions. Just curious if anyone could speak about the Private Client Advisor role, the TC, job expectations etc. Thanks!
PCA is basically just a branch advisor for people with more than $250k in liquid assets. Comp is the same as most other shops. I think once you cap out your AUM the split is 50% of fees. Can’t recall the AUM needed to hit 50% split. Expect a terrible base, mostly commission.