Branch Transformation
JPMorgan to open 14 financial centers
May 30, 2025
JPMorgan Chase recently announced it will open 14 JPMorgan financial centers in California, Florida, Massachusetts and New York, specifically for affluent customers.
There are currently now 16 J.P. Morgan financial centers, including two from 2024. The bank has plans to double that number by the end of 2025.
"These financial centers redefine how affluent clients are served," Jennifer Roberts, CEO of Chase consumer banking, said in the release. "We're delivering personalized service backed by JPMorgan Chase's full capabilities."
Customers with $750,000 or more in qualifying balances can receive JP Morgan Private Client services, with dedicated bankers and wealth management teams. Chase Private Client is also available for those with $150,000 or more in balances.
Many of these locations, including Madison Avenue in New York, Palm Beach in Florida, and Napa in California were formerly First Republic Bank locations, which were acquired in 2023.
JPMorgan also provides 14 remote offices with relationship managers for virtual banking.
"The flexibility of our model allows us to meet clients wherever they are," Stevie Baron, head of affluent banking, said in the release.
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