Whats the difference between a “Financial Advisor” position at JPM vs a Private Client Advisor position at JPM?

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Financial advisor is on the JP Morgan Advisors side and is basically commission only eat what you kill.

Private client advisor is salaried plus a little commission and is on the Chase branch side.

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Oh wow!

Im not fully sure but I believe its a position that former bear sterns and frb advisors transitioned into.
With that being said, I did see a position that was open, which made me curious too.

Yeah same here, I thought those were old positions until I seen a position open this week lol

PCA is for new advisors or transitioning advisors who don’t have a fully established book of business. JPM is for advisors with a fully sustaining book of business with a typical average HH size of 3M. Typical book size is $100M+.

Similar to Merrill Lynch FA, eat what you kill. Financial Solutions Advisor on Merrill Edge side is salary/ commission. Locations for both are a huge difference.

I'm a private client advisor and happy to chat over phone. Feel free to DM me

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YOE : 6
Tech stack : Java,Springboot,microservices

I am holding 3 offers-
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