J.P. Morgan Private Bank releases inaugural report on global family offices [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
NEW YORK April 29, 2024 /PRNewswire/ -- J.P. Morgan Private Bank today unveiled its Global Family Office Report , offering insights into how the firm's family office clients worldwide manage investments, governance, succession planning, and family office operations. The report, based on a survey of family office principals and professionals, provides a quantitative perspective on global family office practices. "J.P. Morgan has been working with family offices for more than 200 years, starting close to home with the creation of one of the first family offices, the House of Morgan, established in 1838," said David Frame , Chief Executive Officer, J.P. Morgan U.S. Private Bank. "This report reflects our continued commitment to understand and serve clients through a platform unmatched in this space." J.P. Morgan conducted an online survey from October through December 2023 among 190 family offices from across the globe with an average net worth of $1.4 billion "The wealth and comp
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