Jacob Manoukian
U.S. Head of Investment Strategy
Jacob Manoukian serves as the U.S. Head of Investment Strategy for J.P. Morgan Private Bank and Wealth Management. In this capacity, he collaborates with asset class specialists and portfolio managers to develop and articulate the firm’s economic and market perspectives, as well as its investment strategies.
Jacob is an integral member of the firm’s Global Investment Strategy Group and Global Markets Council. He is also the principal author of several flagship publications, including the annual Outlook report. Jacob and his team specialize in analyzing macroeconomic and market developments, tailoring insights to align with clients’ portfolios and their financial goals.
Having dedicated his entire career to J.P. Morgan, Jacob previously contributed to the J.P. Morgan Asset Management Investment Strategy Team, where he supported Michael Cembalest, the firm’s Chairman of Market and Investment Strategy.
Originally from Nevada, Jacob graduated from Middlebury College in Vermont with a bachelor’s degree in Economics and a minor in Middle Eastern History. Jacob and his family live in New York City, and he enjoys skiing and fly fishing whenever he gets the chance.
Read insights from Jacob
Investment Strategy
Aug 15, 2025
Jobs in the AI revolution: Disruption today, growth tomorrow
The rise of AI is set to disrupt traditional jobs, but as with past innovations, it should pave the way for new opportunities and…
Investment Strategy
Oct 27, 2025
The Agony & The Ecstasy
The risks and rewards of a concentrated stock position.
Investment Strategy
Oct 27, 2025
The end of easy diversification: Positioning for what comes next
Shifting economic landscapes bring new challenges—but also silver linings. A new era is redefining what it means to be diversified.
