Chief Investment Office

We’re focused on delivering something remarkably personal: an investment portfolio aligned with your specific goals and unique preferences. Our disciplined approach to money management leverages the insights and experience of specialists across our global firm. All aimed at helping you achieve your individual definition of successful investing.

Our management style

Grounded in four pillars, it guides the design of our team and our investment process Meet the team Led by Chief Investment Officer Richard Madigan, our integrated team is comprised of investment professionals globally Disclaimer: There is no assurance that professional currently employed will remain employed by J.P. Morgan Private Bank or that the past performance or success of any such professional serves as an indicator of such professional’s future performance or success.
This table describes the four pillars of the J.P. Morgan Private Bank investment management style. They are: long-term investing, tactical flexibility, specialization, and an asymmetric approach to risk.
Led by Chief Investment Officer Richard Madigan, our team consists of specialists that work together to enhance a portfolio’s risk and return potential.

This pie chart categorizes the five elements of the portfolio construction and management process. They are: portfolio construction and analytics (where risks are evaluated and portfolios are stress tested); asset class portfolio managers (they focus within their asset classes to identify opportunities); multi-asset class portfolio managers (they identify and analyze opportunities across asset classes); managed solutions (driving innovation to enhance our clients’ experiences); and manager selection and due diligence (to identify and monitor active and passive vehicles to implement our views).
Your portfolio’s strategic asset allocation is the “North Star” for your return expectations and risk tolerance. To construct a well-diversified portfolio, our team builds a strategic asset allocation using three key building blocks, informed by our long-term, forward-looking market views. 

This table defines the three key ingredients of the portfolio-building process. They are: growth, stability and diversification. Equities offer growth and bring higher volatility. Cash and high-quality bonds provide income and stability, and come with a lower expected return. Alternatives bring an additional element of diversification and have varying degrees of liquidity.

Building off of the strategic asset allocation foundation, the team evaluates the current market environment for tactical opportunities. These opportunities are meant to affect the return, risk, or diversification of the overall portfolio.

Our specialists assess opportunities and dislocations within and across asset classes before making any recommendations. They evaluate the recommendations’ expected contribution to the portfolio under various economic conditions. Then they propose the vehicle best-suited for the investment. While vetted vigorously across the entire team, the final decision for all transactions lies with our Chief Investment Officer.

This pie chart divides a hypothetical portfolio into its component asset classes, adhering to the principles of growth, stability and diversification. Growth is achieved by investments in U.S. equities, Europe equities, emerging market equities, Japan equities and Pacific equities. Stability is represented through core bonds, high yield/extended credit bonds, and inflation-linked bonds. Enhanced diversification is provided by investments in hedge funds and liquid alternatives, which include equity long-short, event-driven, relative value and macro strategies.
Designing the right portfolio for our clients begins with a thorough understanding of their financial objectives as well as their desire and comfort for taking risk. The right portfolio has a level of risk that feels manageable, giving investors the confidence to stay invested during market drawdowns, which is critical to creating and preserving wealth. A portfolio will incorporate a client’s preferences, coupled with our guidance.

We work with our clients to design a customized portfolio based on four investment decisions:

This graphic represents the four investment decisions central to a customized portfolio. They are: performance benchmark, geographic focus, implementation preference, and inclusion of alternatives.
Here at J.P. Morgan Private Bank, we have a long history of managing wealth for our clients. We would be privileged to partner with you. Working together, we will build the right portfolio with the goal of providing you the confidence and conviction to stay invested for the long term.

Managing Your Wealth

Our Chief Investment Office has been entrusted with almost $300 billion of our clients’ wealth. Watch as professionals from the team discuss our process for investing on your behalf.