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JPM targets 1,300 advisor hires in bid to break $1tn in wealth assets

The bank plans to add advisors across its wealth management units, with most new hires concentrated in its JP Morgan Advisors and Chase Wealth Management businesses. ....

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In-house execs, recruiters handling firms' financial advisor hiring


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The recruitment process for financial advisors leaving one firm to join another went fully digital this year, but there were still lots of big-ticket moves across the industry.
UBS hired a team overseeing $9 billion from JPMorgan s private bank, JPMorgan poached teams for its reorganized wealth business, and Wells Fargo in June had its best recruiting month in a decade, by revenue. 
Technology introduced snappier recruitment processes for some firms at a moment when many are doubling down on their wealth management segments and the space is rife with consolidation.  ....

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