Chase market expansion

Merrill Lynch / Sales 314680
Aug 28 2 Comments

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!


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TOP 2 Comments
  • Chase


    Neuberger Berman
    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.
    Aug 28 1
    • Merrill Lynch / Sales 314680
      That’s exactly the info I needed, appreciate it
      Aug 28