Global Head of Innovation Managing Director
Patricia McCarthy is the Global Head of Innovation at J.P. Morgan Private Bank. In her leadership role, Patty is charged with accelerating the evolution of the Global Private Bank to ensure J.P. Morgan retains its reputation as one of the most innovative private banks in the world. She enjoys working with colleagues to imagine differentiated ways to deliver the best of J.P. Morgan to the firm’s clients and to enhance growth.
Patty recognizes that along with the privilege of serving clients comes great responsibility. As innovation alters the way clients conduct their lives, banking must keep up and offer seamless solutions to new and old challenges. Her focus is on identifying and executing strategies that leapfrog the competition. She believes everyone has a role in fostering innovation, and is highly adept at connecting people across the organization to create synergy and allow the best ideas to rise to the top.
Throughout a nearly two-decade career spent on evolving and changing the private wealth management space, Patty has been drawn to roles in which she can make an impact not only on the business, but on growing the next generation of leaders. Before joining J.P. Morgan, she was at Goldman Sachs for 18 years, most recently as the Chief Operating Officer of Americas Private Wealth Management and Global Head of Private Wealth Management Product. She is a former practicing private wealth management and corporate lawyer, and began her professional journey at Davis Polk & Wardwell.
Patty graduated summa cum laude from Florida International University (FIU) and received her law degree from Harvard Law School.
Raised in Miami by Cuban parents, Patty is a committed advocate for diversity, equity and inclusion. She serves as Co-Chair of the Asset & Wealth Management Hispanic Leadership Forum, and is a member of the Hispanic Executive Forum and a member of all of the firm’s Business Resource Groups. Patty is also a board member of the THANC Foundation, which develops research and education in the early detection and treatment of thyroid, head and neck cancers, and is a member of the Dean’s Advisory Council at the Green School of International and Public Affairs.
Patty lives in New York City with her husband and their two daughters. In her free time, she enjoys spending time with her family on or near the water, playing tennis, and skiing in the winter.
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