Family Office Services
Follow your ambitions, manage your wealth and take care of your most important asset – your family – with the trusted guidance and partnership of the World’s Best Private Bank1. With over two centuries of experience advising some of the world’s most successful individuals and families, we offer you powerful family office services shaped around you.
Our approach to family office services
Working together to serve you and your family
Three global business lines working together to help seize opportunities, mitigate risks and enhance returns.
Deep understanding of the complexities of wealth
Relationships with over half of billionaires and more than 40% of ultra-high-net-worth families in the U.S.²
24/7, fully dedicated client service team
Banking service grounded in a deep understanding of the unique needs of wealthy families and family offices.
Helping provide security for your assets and privacy
The protection of a fortress balance sheet and a $700 million annual cybersecurity investment.
How we protect your assets
Insights through our global network
Unique perspectives on what your peers are doing through our vast network and deep relationships.
Resiliency across market environments
Advice, guidance and access to strategic capital across any market environment.
Let us help you navigate the unique needs and nuances of your family’s wealth. Get started with J.P. Morgan Family Office Services today.
United States Best Family Office Services
J.P. Morgan Private Bank has been recognized by Euromoney for providing the “Best Family Office Services” in the United States¹. This honor are a testament to our ability to deliver exceptional advice and insights to our family office clients.
1Euromoney 2024. Rating methodology details click here. Ratings may not guarantee future success or results.
Family Office Services Team
Our dedicated team will work tirelessly to help personalize, define and realize your impact today and preserve your wealth legacy for generations to come.
Meet the Family Office Team
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Our knowledge and connectivity of family offices is actually rooted in history. One of the first family offices in existence was the House of Morgan. And so it is in our DNA and in our legacy that we're experts.
So many of our clients come to us. And they ask the question, do I need a family office? I'm thinking about starting a family office. Help me think that through. And the question that I always begin with is, what are you trying to solve for? That may be tax management advice. It may be outsourced investment advice. They need estate planning, family governance help, working with their next generation family members on financial education and financial literacy so that they can prepare that next generation to become good stewards of the wealth.
What families find unique about JP Morgan is our ability to help them across the spectrum. Whether we're going to be the custodian, their primary bank, their lender to access our investment platform, to access our trust company, our executor services, or our family office solutions, they can come to JP Morgan as their one-stop shop for all things that family might need.
We're very multifaceted in all the things that we can do. And we can work with our wealth advisors to create the right structures to ensure that we're delivering the best value. So what I love about what we do, it's the advice, it's the customization, and it's a full service that we're able to offer to them.
We all have different backgrounds, different strengths, different areas of expertise. But because we're all coming to it from one team and one lens, we can make sure that it's a cohesive conversation.
Once the family has decided upon the appropriate structure for their particular circumstances, we can work with them to provide services related to investment, family governance, family philanthropy. We can provide cybersecurity consulting services to those families.
Cybersecurity is a huge priority for JP Morgan. We invest annually upwards of $12 billion a year in technology. About $700 million additionally in cybersecurity. We look at each family office uniquely. We understand their scenario, how they're set up in their infrastructure.
We talk them through and have details of processes that they can change, resources that they can implement, third parties that they might be able to reach out to help them further if they feel it's beyond their grasp. The depth and breadth of our cyber advisory program is really unique and has been around for many years and has a depth that I have not seen in other firms.
We have the opportunity to partner with some of the leading families in the world to learn from them and to provide value to them.
And we can bring to bear the power and the solutions of JP Morgan Private Bank and our family office business to help them and be stewards of their capital for generations to come.
The reason why you would want to come to us at JP Morgan is we will take care of your family. We will get to know you. We will get to know what matters to you. JP Morgan will be here working and taking care of your family. That's why you want to work with us.
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Text, Introducing JP Morgan Private Bank Family Office Services. Investment products. Not F.D.I.C. insured. No bank guarantee. May lose value. Intended for financial professionals only. JP Morgan Chase is an equal opportunity employer/disability/veterans. Chris McCree, Vice President, Family Office Practice.
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Our knowledge and connectivity of family offices is actually rooted in history. One of the first family offices in existence was the House of Morgan. And so it is in our DNA and in our legacy that we're experts.
So
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Elisa Rizzo, Managing Director, Head of Family Office Advisory.
(SPEECH)
many of our clients come to us. And they ask the question, do I need a family office? I'm thinking about starting a family office. Help me think that through. And the question that I always begin with is, what are you trying to solve for? That may be tax management advice. It may be outsourced investment advice. They need estate planning, family governance help, working with their next generation family members on financial education and financial literacy so that they can prepare that next generation to become good stewards of the wealth.
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William Sinclair, Head of U.S. Private Bank, Family Office Practice.
(SPEECH)
What families find unique about JP Morgan is our ability to help them across the spectrum. Whether we're going to be the custodian, their primary bank, their lender to access our investment platform, to access our trust company, our executor services, or our family office solutions, they can come to JP Morgan as their one-stop shop for all things that family might need.
(DESCRIPTION)
Varcity Kariuki, Head of Outsourced Chief Investment Officer.
(SPEECH)
We're very multifaceted in all the things that we can do. And we can work with our wealth advisors to create the right structures to ensure that we're delivering the best value. So what I love about what we do, it's the advice, it's the customization, and it's a full service that we're able to offer to them.
(DESCRIPTION)
Monica DiCenso, Head of Global Investment, Opportunities Group.
(SPEECH)
We all have different backgrounds, different strengths, different areas of expertise. But because we're all coming to it from one team and one lens, we can make sure that it's a cohesive conversation.
(DESCRIPTION)
Elisa Rizzo
(SPEECH)
Once the family has decided upon the appropriate structure for their particular circumstances, we can work with them to provide services related to investment, family governance, family philanthropy. We can provide cybersecurity consulting services to those families.
(DESCRIPTION)
Illeana van der Linde, Executive Director, Cyber Advisory.
(SPEECH)
Cybersecurity is a huge priority for JP Morgan. We invest annually upwards of $12 billion a year in technology. About $700 million additionally in cybersecurity. We look at each family office uniquely. We understand their scenario, how they're set up in their infrastructure.
We talk them through and have details of processes that they can change, resources that they can implement, third parties that they might be able to reach out to help them further if they feel it's beyond their grasp. The depth and breadth of our cyber advisory program is really unique and has been around for many years and has a depth that I have not seen in other firms.
(DESCRIPTION)
Chris McCree.
(SPEECH)
We have the opportunity to partner with some of the leading families in the world to learn from them and to provide value to them.
(DESCRIPTION)
William Sinclair
(SPEECH)
And we can bring to bear the power and the solutions of JP Morgan Private Bank and our family office business to help them and be stewards of their capital for generations to come.
(DESCRIPTION)
Varcity Kariuki
(SPEECH)
The reason why you would want to come to us at JP Morgan is we will take care of your family. We will get to know you. We will get to know what matters to you. JP Morgan will be here working and taking care of your family. That's why you want to work with us.
(DESCRIPTION)
Text, JP Morgan Private Bank. J.P. Morgan Private Bank is a business of JP Morgan Chase and Co, which offers investment products and services through J.P. Morgan Securities LLC (UPMS), a registered broker-dealer and investment advisor, member FINRA and SIPC, JPMorgan Chase Bank, N.A. and its affiliates (collectively JPMCBT) offers other investment products, which may include bank managed accounts and custody, as part of its trust and fiduciary services. Annuities and insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency doing business as Chase insurance Agency Services Inc. in Florida. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase and Co. Copyright 2023 JP Morgan Chase and Co. All rights reserved.
Realize the full possibilities of your family wealth with powerful resources and a personal focus.
Led by your Private Banker, we provide your family with a deep team of professionals delivering the vast breadth of the entire JPMorgan Chase organization.
"Whether you’re looking to build a family office, need support for your existing family office or seek guidance to navigate the more complex needs of your wealth, our team has the experience you need to grow, organize and optimize your family wealth. It’s what truly sets us apart."
Commonly asked questions about family offices
At its core, a family office is a private business owned by a family of significant wealth to serve its unique financial and personal needs. Family offices are often established to help provide the structure and governance to effectively steward a family’s assets, shared values, and long-term legacy. While on paper, a family office may sound like a simple solution, but the reality is that family offices can take many forms and vary greatly in complexity.
A common saying in the industry is “if you’ve seen one family office, you’ve seen one family office.” Just like families, every family office is different, and there is no “one-size-fits-all” solution. That said, establishing and maintaining a single-family office often requires significant financial and personal resources. Given this, family offices are often viable solutions for families that have significant wealth (generally at least a few hundred million in assets) and more unique needs or family dynamics.
Creating the right family office for your family’s goals requires a clear understanding of what you are trying to achieve, as well as the cost considerations. The process should start by articulating your family’s overall vision, the intended purpose of the family office, and determining who will be served by it. From there, a determination of the scope of services and the office legal structure should follow. At J.P. Morgan, we have the experience and knowledge to help guide you through this important decision-making process.
The services provided by a family office vary depending on the specific needs and goals of your family. Many family offices are established to help families manage their investments, provide wealth advisory services and alleviate administrative burden—and then potentially expand from there based on the family’s broader needs and goals. Common family offices services include investment management, estate planning, family governance, family wealth education, philanthropy, accounting and tax oversight, banking and liquidity management, risk management, and concierge services.
J.P. Morgan Private Bank understands how it important it is to protect your wealth, which is why we invest $700 million annually on cybersecurity, and have a dedicated cyber advisory practice focused on helping families stay safe from cyber risks. Coupled with our fortress balance sheet and relentless focus on fraud mitigation, we can help provide increased confidence when it comes to your assets and privacy.
