J.P. Morgan picked up more than a dozen new advisors with a combined $2.5 billion in AUM, to fuel a nationwide expansion of its wealth management business.
Fourteen recruits were plucked away from wirehouses and other competitors to help J.P. Morgan grow business in a half dozen markets across the country, says Greg Quental, Chief Executive Officer of J.P. Morgan Securities, in a statement released by the firm.
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