A partnership you can grow with
Backed by a global network of experienced professionals and a proven track record of success, the Trusts & Estates team at the Private Bank is uniquely suited in seeking to meet your clients’ fiduciary needs. From managing a portfolio of marketable securities to administering complex specialty assets, expect unmatched reliability and the resources to do it all. We work with one goal in mind: to help bring your clients’ legacies to life.
Hi, I’m Adam Clark, Global Head of the Trusts & Estates business at J.P. Morgan’s Private Bank. At J.P. Morgan Private Bank, we offer a wide range of trust and estate services. We’ve learned a lot over the almost 200 years that we’ve been in the business, and we’re proud to share some of those extensive capabilities with you.
Our team includes more than 400 trust and estate professionals worldwide. It’s a team built with a rich diversity of financial professionals, with over a half being women and nearly a third having ethnic backgrounds. Among us, we hold 37 unique licenses and speak 17 unique languages. Diversity is a cornerstone of our company and our culture. And it helps us to support a rich diversity of clients around the world.
As an internationally respected corporate fiduciary, it’s our responsibility to place effective risk-control frameworks in place, to meet regulatory requirements, and to ensure we’re safeguarding your clients’ assets. Our Trusts & Estates team and Wealth Advisors regularly partner with clients’ counsel to implement tax-efficient, effective and creative wealth planning solutions.
We also provide complex fiduciary services for a wide variety of specialty assets in trusts and estates. And often, we service private foundations and charitable trusts with non-profit management and grant making to ensure your client’s charitable intent is fulfilled.
As part of a private bank, we offer unparalleled service to ensure that our clients’ and partners’ needs are met.
I invite you to explore the following pages, where you can learn more about our comprehensive offering and how we can be a trusted partner to you.
If you have any questions about how we can help you or your clients, please don’t hesitate to contact us.
Legal disclosures: Investment and insurance products are:
- Not a deposit;
- Not FDIC insured;
- Not insured by any federal government agency;
- No bank guarantee;
- May lose value.
On screen: J.P. Morgan Private Bank.
Text on screen: Opening title: Trusts and Estates
On screen: As this video begins, a man with short dark hair speaks to us.
Text on screen: Adam Clark. Global Head of Trusts and Estates.
Adam Clark: Hi, I’m Adam Clark, Global Head of the Trusts and Estates business at J.P. Morgan’s Private Bank. At J.P. Morgan Private Bank, we offer a wide range of trust and estate services.
Text on screen: Services...
- U.S. Trust Services;
- U.S. Estate Services;
- International Trust Services;
- Delaware Trust Services;
- Specialty Asset Management;
- (and) Philanthropy and Grants Management
Adam Clark: We’ve learned a lot over the almost 200 years that we’ve been in the business, and we’re proud to share some of the most extensive capabilities with you.
Text on screen: Best Private Bank in the World. Global Finance.
Adam Clark: Our team includes more than 400 trust and estate professionals worldwide.
On screen: A world map appears, highlighting locations in:
- The Bahamas;
- and Singapore.
Adam Clark: It’s a team built with a rich diversity of financial professionals, with more than a half being women and nearly a third having ethnic backgrounds. Among those, we hold 37 unique licenses and speak 17 unique languages.
Text on screen: (Statistics) as of May 2020.
Adam Clark: Diversity is a cornerstone of our company and culture, and it helps us to support a rich diversity of clients around the world. As an internationally respected corporate fiduciary, it’s our responsibility to place effective risk control frameworks in place, to meet regulatory requirements, and to ensure we’re safeguarding your clients’ assets.
On screen: A montage shows a diverse team of smiling J. P. Morgan Wealth Advisors.
Adam Clark: Our Trusts and Estates Team and Wealth Advisors regularly partner with clients’ counsel to implement tax-efficient, effective and creative wealth planning solutions.
On screen: Video clips show business professionals reviewing financial data in a conference room.
Adam Clark: We also provide complex fiduciary services for a wide variety of specialty assets and trusts and estates.
Text on screen: Specialty Assets...
- Real Estate
- Private Business
- (and) Mineral Assets
Adam Clark: And often, we service private foundations and charitable trusts with nonprofit management and grant making to ensure your clients’ charitable intent is fulfilled.
Text on screen: We distribute over $170mm to nonprofits. We oversee almost 10,000 grant requests annually.
Adam Clark: As part of a Private Bank, we offer unparalleled service to ensure that our clients’ and partners’ needs are met. I invite you to explore the following pages, where you can learn more about our comprehensive offering and how we can be a trusted partner to you.
On screen: A laptop computer displays a J.P. Morgan Private Bank website, with a page labeled: "A partnership you can grow with." The website also offers information about the Private Bank's:
- Specialty services;
- International team;
- (and) Resources.
Adam Clark: If you have any questions about how we can help you or your clients, please don’t hesitate to contact us.
On screen: A logo: J.P.Morgan Private Bank.
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This material is for information purposes only, and may inform you of certain products and services offered by J.P. Morgan’s wealth management businesses, part of JPMorgan Chase & Co. (“JPM”). Products and services described, as well as associated fees, charges and interest rates, are subject to change in accordance with the applicable account agreements and may differ among geographic locations. Not all products and services are offered at all locations. Please read all Important Information.
GENERAL RISKS & CONSIDERATIONS
Any views, strategies or products discussed in this material may not be appropriate for all individuals and are subject to risks. Investors may get back less than they invested, and past performance is not a reliable indicator of future results. Asset allocation/diversification does not guarantee a profit or protect against loss. Nothing in this material should be relied upon in isolation for the purpose of making an investment decision. You are urged to consider carefully whether the services, products, asset classes (e.g., equities, fixed income, alternative investments, commodities, etc.) or strategies discussed are suitable to your needs. You must also consider the objectives, risks, charges, and expenses associated with an investment service, product or strategy prior to making an investment decision. For this and more complete information, including discussion of your goals/situation, contact your J.P. Morgan team.
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Nothing in this document shall be construed as giving rise to any duty of care owed to, or advisory relationship with, you or any third party. Nothing in this document shall be regarded as an offer, solicitation, recommendation or advice (whether financial, accounting, legal, tax or other) given by J.P. Morgan and/or its officers or employees, irrespective of whether or not such communication was given at your request.
J.P. Morgan and its affiliates and employees do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any financial transactions.
LEGAL ENTITY, BRAND & REGULATORY INFORMATION
In the United States, bank deposit accounts and related services, such as checking, savings and bank lending, are offered by JPMorgan Chase Bank, N.A. Member FDIC.
JPMorgan Chase Bank, N.A. and its affiliates (collectively “JPMCB”) offer investment products, which may include bank-managed investment accounts and custody, as part of its trust and fiduciary services. Other investment products and services, such as brokerage and advisory accounts, are offered through J.P. Morgan Securities LLC (“JPMS”), a member of FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. JPMCB, JPMS and CIA are affiliated companies under the common control of JPM. Products not available in all states.
References to “J.P. Morgan” are to JPM, its subsidiaries and affiliates worldwide. “J.P. Morgan Private Bank” is the brand name for the private banking business conducted by JPM. This material is intended for your personal use and should not be circulated to or used by any other person, or duplicated for non-personal use, without our permission. If you have any questions or no longer wish to receive these communications, please contact your J.P. Morgan team.
© 2020 JPMorgan Chase & Co. All rights reserved.
Legacy and reach
With a legacy that spans nearly 200 years and a global team of over 400 professionals, we’re accustomed to the complex, and we’re investing in the future with technological innovation and geographic expansion.
As trustee or executor, our responsibilities include investments in accordance with trust objectives, interpretation of trust terms, making distributions, communicating with beneficiaries, preparing taxes and keeping records.
How we can work with you and your clients
- Trustee/Executor: We have sole responsibility for investments or distributions
- Co-Trustee/Executor: Share responsibility for investments and distributions with one or more individuals
- Directed Trustee: Individual or third party is appointed to control investments and distributions. We typically serve as Delaware directed trustee
- Agent for Trustee/Executor/Foundation: We are engaged to take on select responsibilities
The value of experience
If you have clients with nontraditional assets, we will support them with our decades of complex ﬁduciary experience and one of the world’s largest teams. We understand the day-to-day operational challenges of various asset types and can offer your client strategic and time- and cost-saving advice. See below for some examples of our work.
Examples of our specialty asset work
Our Leadership Team
Bringing legacies to life
Our collaborative approach begins with understanding your clients’ goals and ensuring their intentions are followed. We know we share these priorities with you—along with a deep commitment to providing an exceptional experience. For these reasons, we are confident that we can build on our successes together. Even the most perfectly drafted plan is only as effective as its execution. Earning your trust is an essential objective.
Through mutual connections with clients and influencers, satisfaction with our service will grow—as will referrals
You and your clients will have access to J.P. Morgan Private Bank’s global capabilities, such as our thought leadership, market outlooks and ideas.
Communication and education
Together, we work with clients to facilitate sensitive conversations with family members and educate them on the options available.
Let’s work together to develop events to engage with clients and prospects, sharing our market views and value propositions.
Innovation, vision, integrity
Your clients need advisors with a strong foundation, as well as a vision for what’s next. We are preparing to serve our clients not only for the near future, but for generations to come. To that end, we’re investing in technologies such as artificial intelligence, digital client portals and enhanced character recognition to create a better client experience. Innovations like these also increase the efficiency and consistency of our work, creating opportunities to engage more deeply with families.
Recent Events and Engagements:
- Kathleen Kinne, Brandon Ross, Todd Flubacher, Esq., presented to Greater Washington Trusts & Estates attorneys on Delaware Trust Law Updates and Emerging Trends
- The Dallas Trusts & Estates teams and Wealth Advisors hosted an Open House for Professional Advisors to attend a cocktail reception at the new Dallas office and get to know the team
- Regan Bohnert (Trust Officer) and the Cincinnati J.P. Morgan Private Bank team hosted a luncheon for the Coolidge Wall law firm on May 20, 2022, with 15 members of the firm in attendance
- Megan Snyder and Regan Bohnert (Trust Officers) hosted a “Specialty Assets in Trust” discussion featuring special guests Jeff Milligan and Mike Redin from J.P. Morgan Trusts & Estates’ specialty assets team at the Worthington (Ohio) Estate Planning Council in September 2022
- Bruce Glor (Trust Officer) represented J.P. Morgan and was the Emcee of Salvation Army’s Red Shield Symposium, Annual Estate and Charitable Planning Institute in Indianapolis on October 20, 2022, with 90 attendees, including T&E attorneys, CPAs, CFPs, licensed Financial Advisors and Trust Officers
- Hosted a luncheon for Fort Worth attorneys titled, “To Infinity and Beyond – Administering Trusts from a Corporate Trustee’s Perspective”
- Julie Golden (Trust Officer) hosted two Fiduciary Liability Round Tables in partnership with Woodruff Sawyer. The round table discussion focused on: “Who is talking with individual fiduciaries about their roles, responsibilities and Liabilities?”, “How are the various roles presented – trustee, trust protector, investment advisor?”, “Who should individual trustees be consulting with for advice and who pays for that?”
- Host a quarterly women’s professional advisor networking event in Denver
- Kelly Perez (Wealth Advisor) presented for Valley Estate Planners in Phoenix, Arizona and at the Notre Dame Tax and Estate Planning Institute around “Evaluating Estate Planning Techniques in a Rising Interest Rate Environment”
Access the J.P. Morgan Trusts & Estates Forms Book
Our goal is to make the trusts and estates process as easy as possible for both you and your clients. Download the forms book to access provisions to be considered as you work with your clients in naming J.P. Morgan as trustee or executor. Additional onboarding checklists are also available to provide you with some of the core information we will need from you and your client to accept trustee or executor appointments.