[ad_1]
A trio of Seattle-based advisors with more than $2 billion in client assets will be joining J.P. Morgan Private Bank from Citi Private Bank.
Advisors Olive Goh, James Harding and Jorge Valcarcel have more than 60 years of combined industry experience and will be reporting to J.P. Morgan Private Bank Managing Director and Seattle Market Manager Tim Howell.
Goh works with ultra-high-net-worth individuals and families on wealth planning needs, and will join as an executive director and banker; she first joined the industry in 2008 at HSBC Securities before making the move to Citi in 2014, according to her IAPD profile.
Harding will serve as executive director and banker, having worked at Goldman Sachs and Wells Fargo before landing at Citi in 2019. Valcarcel will serve as an executive director and investment specialist. He joined Citi in 2017, according to the IAPD.
The Private Bank’s Seattle market has been growing rapidly, doubling the amount of managed assets over the past five years.
Howell said the addition was part of an effort to expand the firm’s reach “across the Puget Sound region.” The firm’s Seattle Private Bank Office has about 60 employees, including bankers, advisors and support, and the firm hopes to double its headcount in the next five years.
Last year, J.P. Morgan Private Bank welcomed a number of billion-dollar-plus teams. In June 2022, the firm attracted two separate teams from Wells Fargo and Wealthspire with more than $2 billion in collective AUM to build out its New York City wealth management market.
In August 2022, three Chicago-based advisors with more than $2 billion also joined from Citi Private Bank; like Seattle, the Chicago market had doubled its assets in the past five years.
[ad_2]
Source link
