Reddit Posts
If you have an account with certain brokers you can access wall street analyst research reports
Election year. Trump stocks and Biden stocks
$JPM JPMorgan Chase 2023 Q4 earnings call summary by ai
CPI Forecasts from Wall Street and Potential Market Reaction
CPI Forecasts from Wall Street and Potential Market Reaction
Economic Events and Notable Earnings for the week starting 01-08
Thoughts for $BAC and $JPM Earnings Report 1/12?
The Current State of JPMorgan Chase and the banking sector
JPM call ATM exp 2/2. would be my first ever call bought.
Think the Bitcoin ETF Won’t Get Approved?
Altimmune and Viking are the last two companies left for Pharma to FOMO into the Obesity market
Altimmune and Viking are the last two companies left for Pharma to FOMO into the Obesity market
Earning calls of lots of major financial institutions on Jan 12. JPM, BAC, WFC, HDB, BLK, …
How is no one talking about $FSR here!?
Lmao! JPM's Top Chartist. Bwahahahaha. False Information is released on purpose or No one knows shit. The Top chartist. Top Bank in the U.S
$ACGX Thinly traded, Low Float Runner!
Another financial institution crash incoming?
Yet another financial institution getting saved?
Banks look good at this point, and EWBC in particular
We are at the top: “Now is an attractive entry point for long-term investors, says JPMorgan strategist.”
Jamie Dimon to reduce his JPM stake in first stock sale since taking over as boss in 2005
JPM believes Bitcoin ETF will be approved before Jan. 10th.
I wanted to try to invest in 10 completely random stocks to see if this beats the market in 1 year, so I asked ChatGTP...
JPM has another quarter of record profits as net income surges 35% from last year.
10/12/2023 - Put credit spreads to sell with highest return sorted by %OTM (DTE<21)
Anyone has an explanation on this spike with JPM on Monday (oct 9) after hours?
Goodbye Q3... JPM's GIANT collar trade dwarfed by.. the RETURN OF OUR WHALE 🐳
Burry the Bear is right. Another Bank crisis incoming.
Ryan Cohen investigated by securities regulator for pumping and dumping towel company
S&P September Stats: headed for doom or potential for a rally?
JPMorgan Chase Analysis and Financial Statements
Why you should invest in J.P. Morgan ($JPM)
I followed the “ if it’s good to screenshot, it’s good to sell” rule
SPUS down $60 coming from 9% realized vols? Uh oh... 💥 Recapping our SPX Whales + a 🔮into flows / positioning
SPUS down $60 coming from 9% realized vols? Uh oh... 💥 Recapping our SPX Whales + a 🔮into flows / positioning
25-year-old seeking feedback on long-term ETF portfolio
S&P 500 rally is showing signs of a bubble, selloff is coming - JPM By Investing.com
$CVNA | Another ~20K 40.00 C FD on Opening Dip
FOMC Minutes are upon us… 7-3-23 SPY/ ES Futures, QQQ and VIX Daily Market Analysis
tracking abnormal order trade volume for 'improved' return's
Should JPMorgan buy Robinhood?
My 10 leg Wallstreet Parlay (NOT FINANCIAL ADVICE)
HUGE GAINS ON CARNIVAL CRUISE LINES CCL 🚀🚀🚀🚀🚀
The VIX just had its lowest close since Pre-Covid … 6-2-23 SPY/ ES futures, QQQ and VIX Daily Market Analysis
What should I focus on when evaluating a stock if I want to be somewhat conservative?
Market Recap - 6/1/23 - Stonks only go up?
Market Recap - 5/20/23 - everything is over bought
The road to 430 continues… 5-26-23 SPY/ ES Futures, QQQ, VIX, DXY and 10YR YIELD Weekly Market Analysis
The road to 430 continues… 5-26-23 SPY/ ES Futures, QQQ, VIX, DXY and 10YR YIELD Weekly Market Analysis
Market Recap - 5/25/23 - the age of AI
How is the Fed injecting liquidity into the stock market for dummies like me
The Road to $430 SPY… 5-19-23 SPY/ ES Futures, QQQ, VIX, DXY and 10Yr Yield Weekly Analysis
Market Recap - 5/18/23 - I know shits crazy but oof
Market Recap - 5/17/23 - the worst is behind us, maybe
Small Banks vs JPM Chase; who will be the next savory morsel?
Why do some companies not have liquidity until 9:00 am?
PACW: Screwed or Not? A look at the numbers with help from Security Analysis (1934) (tldr $3.7 lots of risk)
Too late to be long but still too early to be short… Welcome to the Pain Range… 5-12-23 SPY/ ES futures, DXY, 10YR Yield and VIX Weekly Reca
SOFI Series, Scene Cinco: I’m Flying, Jack!
The return of the bronotosaurus… the run up to CPI… 5-5-23 SPY/ ES Futures and VIX Daily Market Analysis
Mentions
When the IPO market is hot, the consistent way to play it is through the investment banks and underwriters – Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan (JPM), etc. They earn fees every time they bring a company public, so they’re the real picks-and-shovels of IPO activity. You could also include the exchanges (Nasdaq: NDAQ, NYSE/ICE) since they benefit from listings and higher trading volumes. BX and APO are in a different lane. They can benefit indirectly if their portfolio companies IPO successfully, but that’s lumpy and depends on timing. Their earnings are driven more by fundraising cycles, deal activity, and asset valuations than by whether the IPO calendar is hot in general.
SOFR+2.75 is still really good. Remember these lines are interest only so there's no principal payment. As your portfolio gets higher and higher you get better and better rates. All the big banks do this - Schwab, JPM, BOA, UBS, USB etc... They will open a brokerage account and then lend against it.
Actually revenue, profits and dividend distributions of SP500 collectively continues to rise over time. Don't believe me? Go look at the financials of some top weights such as NVDA JPM COST V MA MSFT AMZN NFLX AVGO GOOGL. It's just lazy rhetoric to think stock market goes up stricly on inflows. You have cause and effect wrong. The inflows are drawn in due to the performance of the companies. If the performacne wasn't there, the investment dollars would flow to other vehicles.
As far as a good company Costco but it's currently (and usually) already highly valued. I have JPM and PGR as my non-tech stocks.
As things stand, if it wasn't for the currency fx, the "sell America" trade wouldn't have necessarily worked. And since it hasn't worked, I'm going to stick to my guns for the foreseeable future, especially as things are getting a bit wobbly, and everything (regulatory speaking) is in flux. Yes, it will take a braver man than I, to be heavily invested in a market that is subject to constant threat of tariffs, state intervention, the integrity of fed independence, and intentional dollar debasement. But yeah... JPM is up 38% from this time last year, up 190% over the last 5 years. MSFT is up 23% from this time last year, up 131% over the last 5 years. I just don't like those odds, but risk tolerance, attitudes, and length till retirement, may vary.
Interesting mix…that’s solid diversification across bonds, global equities, and some gold. I’ve been noticing a lot of folks shifting toward defensives too, especially dividend-paying blue chips…They don’t hedge like gold, but names like MSFT or JPM tend to hold up well when volatility spikes. Do you think you’d ever rotate more into those for stability, or stick with your current balance?
Ask ChatGPT how resilient European banks are compared to let's say JPM. You'll be surprised. Most of them aren't even close to being back to their pre financial crisis highs.
That makes sense. Although i base my question on actual actions. Not as much GS but JPM is well known for shit talking things they are buying in the background.
What someone else said is quite correct. Look back at JPM and Rothschild and how the factions have splintered the wealth across generations and marriages.
You know FINRA margin debt is at an all time high in the US too right? Bubbles can last a long time. You have retards full port on margin daily because there's no punishment. It will pop on a random Tuesday when nobody suspects it from the most boring shit, not when everyone is trying to short the market like JPM is.
JPM really is a terrific stock + company. When I first started in 2020 I bought in for like 100 a share. Sold my whole position of like 2000 dollars for 150 a share three years later to focus on tech which I slightly prefer. Remarkable to see it at 300 less than 2 years later though! Are you concerned for succession planning at JPM? I agree that Jamie Dimon is an excellent steward of the company but I wonder if his successor will be able to meet the high bar set by him? In some ways I think there is leadership risk for them because Dimon’s excellent leadership is already priced into the stock and he wont be around forever.
JPM new ATH again. * Cash printing financial fortress with huge moat. * Top bank in the business. Consistently deploys capital well. * Best talent top to bottom. Everyone rowing in the same direction. * Respected leaders and elder statesmen with strong relationships with regulators. 💎🤲 and die rich company.
https://preview.redd.it/msekjtak36nf1.png?width=1912&format=png&auto=webp&s=5f5bc5d99e903eabe8b66e67a07ed296cea0f2aa In 2008, when the S&P 500 was on a 40% annual decline, Lee set a year-end target of 1590. The index ended at 903. His string of bullish misfires led to JPM forcing him to "take time off"...the bank refused to speak about him after that. He's the ultimate Ponzi hype guy -- reminds me of dudes who tried to sell my parents Amway -- so there's $ to be made following him...just make sure you get out before everyone else does.
* 🍏mega event 9️⃣/9️⃣ * TooLateButSoonToBeFiredForCause Powell will cut rates 9️⃣/1️⃣7️⃣ * 🧙♀️🧙🧙♀️🧙 OpEx 9️⃣/1️⃣9️⃣ * Monthly/Quarterly rebalance ➕JPM☃️ collar trade update SPX 6,555 🔜
34M I’ve been investing for about 6 years now and have made decent money from good investments. I have a pretty good idea of what I’m doing but have never had a 401K before. I recently got a new job that provides one and a match, which I fully understand how they work. From my investing experience I know that it’s best to diversify a bit so that’s what I did. These are the choices I made and the percentage of each I have going to them from each contribution. FSMDX(Fidelity Mid cap index)-20% ODIIX(Invesco discovery fund)-10% JLGMX(JPM large cap growth)-20% MINJX(MFS international fund)-10% VINIX(Vanguard institutional index)-20% FRBEX(Fidelity 2070 fund)-20% I can change my contributions and choices at anytime, and am allowed to rebalance as well. Any suggestions or advice would be greatly appreciated.
There’s no way the Elon cult even exists. It’s just JPM and Cantor Fitzgerald manipulating the price daily. Retail’s only contribution is dumping when dumbass goes on a Tweet spree
It is diversified with respect to the stocks it covers, but most of its movement comes from large cap tech stock. It is volatile to the US market, specifically US tech companies. A diversified portfolio would have some weight on commodities and foreign markets. Looking at 12 month returns. S&P 500: 19% Gold: 63% (Commodity) Apple: 3.8% Coffee: 63% (Commodity) Costco: 6% Tesco: 21% (UK) JPM: 32% Deutsche Bank 102% (Germany) Honeywell: 2.9% Mitsubishi: 30% (Japan) Yes, it can create millionaires. Yes, one should invest in it. But I can't agree that one index represents a diversified portfolio.
JPM about to drop off some bags of rocks at the COMEX with some official looking paperwork…
I prolly trust JPM actual credit card spend more than PWC survey.
New price targets for GOOG from this morning: China Merchants - $270 from $225 Needham - $260 from 220 JPM - 260 from 232 Wedbush - 245 from 225 Deutsche - 260 from 215 Keybanc - 265 from 230 Barclays - 250 from 235 Citic - 230 from 200 RBC - 260 from 220
JPM pays 1.87 but grows like crazy DUK pays 3.5 and grows a good bit
VOO for most money. TTWO on GTA V6 release plus it’s an ai company they just haven’t figured it out yet. then O JPM META WM WMT Then pick something else you like. I could give you everything but that’s no fun for you!
Is anyone big (think JPM) actually paying this or are they just jerking off in public?
The biggest thing I think will be quantum encryption seeds. We already have Quantinuum which has a workable prototype for perfectly random RNG (works with MSFT and JPM), which should harden encryption against quantum decryption. Quantum decryption is the big impact quantum computing could feasibly have next 5-10 years. Other practical applications aside from cryptography seem pretty far off and may not be feasible at all outside limited scope in lab environments kept under extreme temps.
Been hold MSFT and JPM for decades. Can't really complain.
CI, JPM, WAT, AJG... exactly what I wanted, thank you!
All JPM has to do is stop the hedging or flows out of SLV they control. Squeeze would be massive with short fall on supply shortages.
Unfamiliar with the book, but I don't disagree with the sentiment of not relying on technical analysis alone. It can be useful in tandem with other things, though. Trends in VIX as well as semi-correlated assets like high yield corporate bonds or even seeing what corporate option adjusted spread are doing (it's a day delayed data, but for swing trades/trend confirmation, it's not bad to track). Keep the use of TA simple. Seeing what dealers have on their books for options exposure can be helpful for putting levels on a chart. Volume profile can help with that too, though, where it comes to stock indices, you would want to use the futures for that instead of the index. The indices don't actually have shares to trade, thus no real volume like futures have. The combination of levels implied by volume profile by price plus something simple like what RSI is doing on a 1 hour chart can be useful, plus tracking the correlated items mentioned above. Then, also understand the timing of major options expirations where pivots often happen, or at the very least a temporary increase in volatility that happens around those periods as repositioning happens. 3rd Wednesdays for VIX OpEx and 3rd Fridays for SPX OpEx are the biggest ones, but immediately behind those in importance is the month end expirations (which includes the quarterlies end of March, June, Sep and Dec--the quarterlies have one really massive trade put on by JPM that can be helpful to track which SPX strikes they roll to). You may also notice that some pivots happen on either side of a Friday weekly expiration outside of those biggest importance expirations mentioned. A week ago, we got a pivot kind of start on Thursday, which had massive follow through Friday. Sometimes we get a down move that follows through into a Monday, but then we bottom Monday and bounce from there. 6505 in the dealer GEX profile, which is JPM's short call leg of their collar, started to show up pretty prominently in the profile the last week. It will only grow in obvious size the closer we get to its expiration end of Sep. It can act as a big magnet as well as resistance should price be near enough to it as we near expiration. TA is definitely not the end-all be-all, but a light amount of it in concert with tracking some correlated assets and dealer Options exposure levels can put together a very helpful picture for sure, as well as understanding which expirations are most likely to act as spots where volatility expands again and can sometimes act as a pivot for price action to start an opposite trend.
I think we get a gap down from Friday's close, but I'm not real sure what to expect after that, if it follows through to the downside or if we only get a 2 day down move and then it starts bouncing back--typical month-end flows roiling things a little. September seasonality is usually pretty negative, so that's the big question most of us have is will this only be a 2 day dip as we transition into Sep or do we get a follow through to the downside into Sep SPX OpEx on morning of the 19th. NDX has already shown to be weaker than SPX in the last week, too. Sometimes the tech-heavy NDX does some bearish divergences while SPX hits new highs just prior to everything going on a bit of a slide for a week or longer. Then again, the Russell has been outperforming both lately, which is interesting. Finally going to get a rotation into small caps? The tech titans overcooked at this point and time to pump the things that have been left behind with the profits taken from rotating out of the Mag 7? Maybe! Not that minor VIX options expirations are as important, but it is interesting that the GEX in VIX options imply we stay pinned near VIX 15 into next Wednesday, after that, there's bigger exposures the following week at 16 and 20, and they are positive gamma. So, maybe we range a little where we are to start next week, but then it starts to get spicy to the downside maybe starting with Wednesday. Next Friday's SPX GEX still kind of implies we stay between 6400-6500. 6400 looks like it could act as strong support for now. There's some exposures on for Friday that makes it look like we won't push above 6470 easily. Looking out to the big monthly expiration on the 19th, positioning above 6500 SPX is very light. Kind of giving me the impression there's not much speculation willing to push us much above that point for the time being through September... I suspect we are at a minimum in for some chop here in Sep, but whether or not it's a big down move, or just some sideways chop remains to be seen, but I do feel more confident in saying the bulls are out of steam for the time being. Quarterly expiration wise at the end of month, there's that massive magnet/resistance point from JPM's massive collar trade at 6505. If we do get a correction to start the month, if the bulls step back in after Sep 19 OpEx, possible we magnet back towards 6505 at the end of month, see what happens from there.
# stocks are BOOMING so goddamn fucking much, just look at JPM
JPM manages the SLV, they are short as a hedge, how Lehman Brothers went bankrupt.
OK OK I’m closing the 65,000$ of JPM I impulse bought on leverage last week Pays for rent and my upcoming debauched weekend, with the valet service for my Camry LMAO Imagine playing NVDA earnings at 4T yall deserved to lose money The rest of my shit is back to 2 days ago; RIP Americunts basically 3rd world country
Not terrible since I’m leveraged fully into JPM
Do you know what triggered this? And what’s up with JPM?
You aint seen nothing yet, wait until Silver breaks $42.50. JPM is F'd
LOL, volume on SLV is batshit crazy, SQUUEZE JPM SQUEEZE em!
Sweet JPM new all time highs, good to know the MMs are making money still
$JPM about to join the mag 7. $1t
Laughs in 120% port of OKLO and JPM
Got cocky and succumbed to slow death yesterday and today. Heard a zillion times that the week before Labor Day is going to be a slow one but didn't really listen. Revenge trades got the batter of me.. $XOM, $JPM $SPX
OKLO literally just added to JPM and Goldman BUY list this week.
JPM net income for 2024: 55 Billion Tesla net income for 2024: 7 Billion
As in I knew I wanted to be leveraged to the tits for NVDA earnings but not actually in it; so I picked JPM figuring they own everything anyways, and will probably make money no matter what. And surprise surprise they are still green
Imagine playing JPM for NVDA earnings and coming out way ahead of the people actually in NVDA Big brain, maybe even….too big….some might say 🤔
ES is 10 points away from JPM's 6505 collar. If they get it there during the cash session today you can 100% count on a massive sell off tomorrow onwards.
Blind purchase JPM stonk on Friday with the thesis “everyone who’s not retarded will make money this week” and I’m up a thousand dollars off it LMAO 🤌
Down 1k today, for buying puts on JPM.
Long on NVIDIA, AMD, HOOD, RDDT, GS, JPM, GOOGL, APPLE, MSFT, META, LLY Have fun losing money.
Thanks for that! This is where I got my 2-3 percent figure:  I’m curious if you have a good source for how much investor owned property is fixed rate? I can’t find anything[INVESTOR MARKET SHARE SOARS AS TRADITIONAL BUYERS RETREAT](https://batchdata.io/investor-pulse-q1-2025) You are exactly spot on about private credit but the issue there is the data is often not there so it’s hard to gauge the quality of the loans. JPM ceo and others already raised warning signals about the lack of transparency in private credit. As for the different between reits vs and institutions, I mostly care about the floating rates because as vacancies climb and housing prices normalize (7-8x household income is, frankly, delusional) refinancing at good rates will be impossible no matter who you are.
When the market was clearly in moon mode last Friday I mashed the buy button on my phone to get the first thing I could click on before it finished the gap up Now I’m ~70,000$ in margin debt for 200 shares of JPM; wondering if I should sell for a ~700$ profit or wait until NVDA earnings 🧐
Garbage balance sheet. They offer high rates by loading up on smelliest of junk debt. Like subprime auto. JPM will offer better returns and is a financial fortress.
I don't hate the idea of the US taking stakes in businesses, but only because the alternative is us giving them all the money they want anyway. I know mango hates like JPM and GS for not giving him loans. If he either let's them fail or essentially nationalizes them with bailout stakes, I'd at least think "heh" as we descend into facism.
No one knows. JPM Chase boss has been calling recession for the last fews years. Maybe he will get this tight this year or in 10 more years. But I bet he and his traders are not shorting.
JPM. Best bank and best customer service.
Come on you came here to say This is why I don't bother picking stocks anymore lol. With stocks I never even heard of. GS/JPM to boring bank stocks doubled since March 2023. That just boring stocks imagine if you bought stuff like PLTR, CVNA, ASTS, etc on March 2023.
You dont even have to go growth stocks. Boring stocks like JPM/GS doubled since March 2023. Which are both included in VOO. I think the point of OP though was to come to r/stocks and trash stock picking in favor of buying the index. If they feel that way why not just go to r/boggleheads and have fun with other index fund investors. That what great about Reddit there are subs for everyone any funnily enough that ticker RDDT has performed well since March 2024.
JPM, BAC were saying that buying the dip was a great opportunity for the past few days. I held calls into today, cashed out 2 of them but if I had listened to them my portfolio would be a lot happier.
JPM in the red spells doom for the market.....was up 2 dollars
I sold JPM as soon as he started talking, made by weeks target in 30 seconds lol.
She will give you insider information at JPM. Ask her.
Next time throw some wsb lingo at them to confuse them. Any good JPM supervisor of asset management will know these by heart
My suspicion is that converting government institutions to private ones is good for big business. So I think JPM, BofA, and maybe Wells will go up if FNMA is released
Stop trying to find the next big thing and start investing in the assets that are already big and will get bigger Walmart Costco Nvda Apple AmD Tesla JPM Bitcoin Next big thing is automation.. robots with Artificial intelligence and crypto currency You can make millions just buying QQQ / spy / voo Do yourself a favor sell all that crap and put it into qqq This is not financial advice but everyone knows 10% of your paycheck should go into the INdex not and individual stock Set your paycheck for 10% auto deposited into brokerage and whenever the index is 15% off the alltime high just plow that cash in If you do that you will prob have 1 million in 20 years guranteed stop wasting time and don't tell anyone about it
His name is David Zervos and he works at Jeffries, a large investment bank (albeit a tier below the big ones like JPM, Goldman, Morgan Stanley, Citi, or Barclays). He’s their Chief Market Strategist.
JPM telling people to buy the dip might be the biggest sign of a rug pull tomorrow. I don’t play with Jackson’s hole so good luck to whoever has premium in this fight
WHICH BANK will be next to FAIL?? Citigroup Looks like good SHORT they always want ed to be like JPM OR GS, but they fucking SUCK
If you think about it, i might be the highest paid gig worker ever Blackrock, JPM and Citi are selling $100,000,000 every minute just to get me to post something My fans are the best
XLF more invested in BRK B than JPM. still follows jpm movement more closely ugh
Generally dividend ETFs are best closer or during retirement, but one exception I made for this is in my Rollover IRA which lacks contributions. I went with FDVV because despite being dividend focused, it still performs well overall due to top holdings that include Nvidia, Apple, Microsoft, Broadcom, JPM. [FDVV](https://digital.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FDVV)
I think UBER could potentially if they play their cards right with self driving. RKLB is a sure fire bet. And then I’m sure on any specific stocks, but drone defense contractors will likely do well. Given time JPM will likely 10x. Pharmaceuticals are always throwing darts at the board but two im watching are Amplia therapuetics, and Pro kidney.
https://i.imgur.com/bZYYQ6e.png Im mid 20s just getting my snowball started. Managed to shash away $10k in my first 6 months at my new job. Up 20% YTD. The gold is hedging against inflation/uncertainty. In a big enough dip I will probably sell it as powder. I am currently adding to my GOOG position to make it my #1 stock and am also adding to UBER to get it into top 3 as those are the two bets I am the most confident in (great companies in great industries at great prices well positioned for future tech trends). After that I'm planning to load up on some more defense and international. In particular looking at FEZ and JPM to fill those roles.
$KO,$GS,$RR,$HD, $JPM. they say bitcoin is for weekends but I just try to stay away altogether. maybe occasionally lol but yeah these are a good curation I've been using , hope it helps.
I agree. I work in the industry. At a very large firm. Morgan doesn't do team planning!? That's insane. Less than 35 Rev comp. Wow. I need to reach out and poach some JPM advisors.
If you can get the real JPM advisors and real MS advisors, the private wealth division, those guys are solid. Usually that 10m minimum. Otherwise use the boutique firms with big custodians who have a niche. I have a friend who is a CPA by trade but also a FA, he has a really good value add to his clients. My firm works really well in the private market space (think open ai, anduril etc) and with business founders. I have certs for helping people exit their business tax efficiently, for example.
>Jones and Morgan, and other large firms have asset guidance but not fund quotas. JPM doesn’t have fund quotas. What they do is make you have a lengthy back and forth to justify your investment for the client. But they make any JPM fund easy with no pushback. Make sense? >What very good advisors and planners at those firms are doing more planning engagements with clients, addressing investment planning, tax planning, estate planning, and other strategies. Yes definitely I have pretty lengthy explanation on the value of good advisors. My issue with the big banks is that they are so restrictive that they fear any of these words being used with the client so they don’t actually engage in tax planning beyond the most basic concepts. They don’t sit at a table with your CPA, they’re not allowed to. Try telling a Morgan Stanley advisor that you’d like to bring your lawyer and CPA into the bank so everyone can meet and plan. >Also, does JPM only comp their advisors 35%? That's terrible comp for an advisor. My guy they pay them *less* than that unless they hit their goals.
Nothing wrong with JPM, Jones, Morgan, and other large firms. There's good and bad advisors at all three of those firms. Most of your post was accurate. Some of it not so much. I have heard JPM advisors do have a lot of JPM and other weird funds they put into portfolios. Jones and Morgan, and other large firms have asset guidance but not fund quotas. What very good advisors and planners at those firms are doing more planning engagements with clients, addressing investment planning, tax planning, estate planning, and other strategies. Also, does JPM only comp their advisors 35%? That's terrible comp for an advisor.
I pay 0.68% and have a whole team giving me advice at Schwab. I get good returns. My cousin asked me to look at her accounts at JPM and I was horrified. It's a small account (actually two accounts for a total of $150k). She was invested in about 20 different funds that probably invested in the very same things. I wonder how much her advisor got paid for those purchases.
If you invest in the comparable tech heavy managed large cap growth strategy of JPM you would have an annualized return of 18% for the past 10 years, 60% in 2023 and 40% in 2024. You are comparing apple to orange when you are weighting between a cookie cutter asset allocation basic vanilla strategy to your large tech + sp500 (which also weights heavily in large cap). Your advisor is just lazy. JPM did really well for a lots of their SMAs but a bunch of lazy advisors just want to throw the client into a basic b1tch asset allocation portfolio and call it a day. Less work, less documenting, and same payout.
As a former Chase banker and now independent advisor (clearing through Goldman) I can tell you *exactly* how that happened. And it makes sense. First you gotta know how your advisor is comped. Unless they’re top whatever % JPM is doing right now they’re getting about 35% of the fee being charged. So on 350k the guy is making 1700 on you. And that’s if all of your assets are billable. If you’re keeping treasuries or cash they won’t be billing you. What does this mean? That the advisor needs a lot of clients. So I’m sure they have a lot. Maybe 200 families. Now how does one person manage 200 families while sitting in a branch, training bankers, and dealing with general bs of being in a massive bureaucratic business? You automate the management of assets. You shift the client into SMAs. Accounts managed by another third party manager, and you pay another fee for that. Though it may have been part of that 1.4 you saw if you were lucky. So your advisor is making less and needs yet more clients. And hey, those managers can be amazing and brilliant. But JP is scared that they can’t be trusted and could be sued, so they’re very careful of which managers advisors can even push money to, compliance is on the advisors ass to make smart decisions…unless of course those are JP Morgan SMAs, those are safe of course, compliance knows they are limited risk because their in house. /s So what you end up with is a JP Morgan advisor giving you JP Morgan SMAs with fees on fees. I bet you I could guess 55 of the stocks in your portfolio because they’re all in JPM large cap leaders. Not to say you shouldn’t use an advisor. But when you’re 32, in the wealth accumulation phase of life, are not reactionary to shifting markets, and just keep putting money away, you probably don’t need us yet. You will soon though, when life becomes complex, you have a family, you need tax advice, you want to invest in private businesses. But I’d avoid the generic big bank advisors and the Edward jones of the world.
I want to have a drink with someone who could explain to why they believe that JPM would risk their retail advisors cooking the books.
JPM was managing my mom's money and making nothing. I switched her to Treasuries and VOO. She is consistently making money now. She doesn't care about the stock market, so I don't have her in individual stocks--too much volatility.
Yeah 15% annually would be great too. I'd prepare mentally for a down year - I'm sure it will come at some point after this string of strongly positive years. Not that I'd try to time that, but just recognize that if you move all your JPM assets into your SPX/Big tech mix, you're surely increasing your concentration and risk meaningfully and could take a bigger hit than otherwise when markets and big tech finally experience a sustained sell-off.
Oh you’re right it’s not sustainable year after year. But even 15% annually without fees is better than JPM.
40% returns a year? I hope you can keep that up, but I wouldn't count on it. It's probably the right move to move away from JPM, but if you're throwing it mostly in big tech stocks you're assuming some significant timing risk and seem to be chasing returns.
May not be quite the answer you’re looking for, but for my Rollover IRA, which does not receive contributions like my Roth, I opted for value investing with high dividends. FDVV is a large value ETF but the top holdings include Apple, Nvidia, Microsoft, Broadcom, and JPM. For International in that account I use FIVA for international large value, and it too has some big names.
NO actual investment mentioned (just JPM the "holders" of your investments) so no one can answer this. BTW, Never invest "through" a bank. Too costly as they will put you into funds that THEY make the most on, not you. Always invest yourself through a real brokerage like Schwab, Fidelity, Robinhood. They charge 1/10th of what banks do to invest your funds.
Dirty Dani was pursuing the management position at JPM hard
Compare its total return to other stocks or etfs you might buy. For example JPMC stock kills the SP500 but Intel loses money over time. https://totalrealreturns.com/s/VOO,JPM,INTC?start=2023-01-01
JPM had been the craziest thing to watch. They essentially became the finance sector after the 2023 regional bank scare. They should be part of the MAG 8. I'm guessing they'll get knee capped when rate cuts finally get here and money flows back to regionals.
Same boat. I imagine this will be corrected Monday - feels like JPM / Chase are a little slow with some things and I’m hoping this gets worked out by Monday AM before the bell.
If you go through big bank credit exposure supplements like JPM. It's amazing how low their charge offs are which have been remarkably stable. Even subprime credit companies are holding up very strongly. Actually credit card took a breather in Q2 and stabilized if anything. It was student loans that took a massive nosedive. People have decided to say fuck you and not pay these basically. However, nearly all student loan debt is backed by the government. So the tax payer will be paying this loss, NOT banks. In other words there is no general credit crisis here. **TL;DR** Vibecession or not, the data is holding up really stronglly. It really is not as terrible as people make it seem.
why is JPM, V down so much?
JPM valuation $800 bil GS valuation $224 bil Circle valuation $35 bil They better buy CRCL now than when CRCL is $100 bil