Overview

• JPMorgan Chase opened 14 new J. P. Morgan Financial Centers on May 27, bringing the total to 16.
• These centers occupy former First Republic Bank sites acquired in May 2023 across New York, California, Florida and Massachusetts.
• Facilities feature private meeting rooms, distinctive finishes and dedicated senior private client bankers for clients meeting the $750,000 minimum deposit and investment threshold.
• These branches anchor the bank’s new J. P. Morgan Private Client tier, positioned above Chase Private Client to steer affluent households into its wealth-management services.
• The bank plans to expand to 31 locations by the end of 2026 as it seeks to double its private-client assets beyond the $1.08 trillion mark.