Podcast Center
Video Center
Webcasts
Resource Center
Events
By 
December 07, 2022 at 12:39 PM
J.P. Morgan Wealth Management has launched a money coaching tool for all bank clients, as well as remote access to financial advisors.
The Wealth Plan tool, introduced on Dec. 1, is available for free to some 62 million digitally active Chase customers via its mobile app and online, the bank says.
The digital resource lets clients look at their financial accounts in and outside of the bank, so they can build and track goals and receive guidance on the next steps they can take to achieve their financial objectives. The tool gathers information on their net worth, as well as on income and spending.
“Wealth Plan lets clients take control of their finances and interact with us however they choose, which increasingly is digitally,” according to Sam Palmer, head of Digital Planning & Advice at J.P. Morgan Wealth Management. “If they want to speak with an advisor, they can schedule a meeting right in the Chase app, and easily share their goals to have a meaningful conversation from day one.”
J.P. Morgan Wealth Management, which has about 5,000 advisors and some $615 billion of assets under supervision, introduced its Personal Advisors program in early November to provide clients with remote advice. As part of the launch, the bank is waiving advisory fees for this program for six months.
