Broker Dealer Services
J.P. Morgan is an industry leader in providing clearing, custody, operations, technology and order execution capabilities to broker dealers worldwide. We provide access to J.P. Morgan’s resources, tools and products so our clients can focus their time growing assets, attracting clients and building their businesses. Our unique platform supports diverse business types: institutional / capital markets, trading, wealth management, prime brokerage, fixed income and international firms.
We offer the following products and services:
- Client Service
- Clearing Services
- Execution Services
- Technology & Reporting
- Financing and Securities Lending
- Wealth Management Solutions
- Executive Services
- Client Solutions
Starting with the on-boarding process, we provide expert, hands-on support every step of the way. Our seasoned client integration team works onsite with you and your staff to put in place a personalized plan ensuring a smooth set-up, integration and conversion process. We team with your firm to seamlessly connect you to J.P. Morgan, coordinate documentation, convert accounts, and coordinate technology implementation and training.
Once fully integrated, we provide ongoing services and solutions that are custom fit to each client’s unique requirements. A team of Client Service Representatives (CSRs) will provide day-to-day personalized service, operational support and responsive issue resolution. With no voice mail or phone trees during business hours, our CSRs are accountable, proactive professionals who are individually matched to each client’s unique requirements.
As an industry leader supplying clearing solutions, we are uniquely positioned to offer our clients the highest level of expertise and platform strength. Along with ALERT and OASYS connectivity, our capabilities include domestic and international equities, options, mutual funds and a broad range of fixed income products. J.P. Morgan has rolling 24 hour operations coverage from New York to London to Hong Kong and international settlement capabilities in over 75 markets.
We offer a level of world-class trading and execution services not found in a typical clearing or securities processing firm. These include a variety of execution choices such as the Multi Product Desk that provides high-touch execution service by experienced trading professionals and an array of electronic solutions including Neovest, FIX connectivity to many third party trading systems for Direct Market Access (DMA) and algorithmic trading.
Technology and Reporting
Our web-based workstation, MORCOM, utilizes the latest technology to provide unified access to a powerful set of features including detailed account information, performance reporting, fee billing, trading, straight-through money transfer, document archive, risk analytics, investment planning and asset allocation. MORCOM helps users achieve greater efficiency and scale in their businesses through smoother integration and sharing of information across a broad range of features and products.
J.P. Morgan supports your reporting needs in a variety of ways. We offer a performance reporting solution that is integrated into our workstation. Customizable data files enable timely and efficient delivery of information to clients. In addition, we have established relationships and connectivity to leading third party performance reporting providers.
Technology training specialists provide web-based and onsite training sessions to ensure proficiency with our systems and maximize the value of our capabilities. Daily technology support is handled by our technology support team.
Financing and Securities Lending
J.P. Morgan clients may access our margin, restricted securities and lending teams. We have an array of capabilities and expertise in meeting a variety of borrowing needs. We support a range of margin solutions, have expertise in clearing restricted securities and offer access to exclusive securities lending portfolios.
Wealth Management Solutions
We offer longstanding expertise and a wide spectrum of innovative solutions to support your existing product offering. Our managed account solutions can be tailored to meet the individual requirements of your firm. Products range from open-architecture separate account platforms to turn-key consulting solutions.
We make a vast universe of domestic and offshore mutual funds available for clients to choose from including load, no load, and No Transaction Fee funds through FundCIRCUIT™, our NTF program. Coupled with access to tools which help make mutual fund selection and prospectus compliance easier, our mutual fund platform positions us as a leader in the industry.
In addition to our integrated solution, we have established relationships and connectivity to leading third party performance reporting providers. We also offer a planning, asset allocation and proposal system incorporating an advanced suite of institutional risk measurement and planning methodologies.
Our clients have access to a full range of executive services. Our cash and liquidity management team provides innovative solutions for short-term cash management. This comprehensive money market platform provides access to money market funds, securities lending programs and alternative liquidity investment options. Privileged Foundation® is a charitable giving solution offered through Foundation Source®, a leading provider of administrative services for private foundations .
Online Account Access
Investment professional’s clients have access to a private label website branded with your firm’s name, which will save your staff time by empowering your clients with access to confirmations, statements, Forms 1099, balances, transaction history, cost basis, tax lots and gain/loss information.
Cash Management Account
Privileged Access® provides your clients with complete cash management services, including check writing, debit card, online bill pay and investment capabilities in one account.
Easy-to-read monthly statements are branded with your logo. These statements provide comprehensive views of portfolio holdings and account activity, with cost-basis reporting at your discretion. Consolidated account summaries are available for clients who wish to see a roll-up of all of their accounts in a two-page overview linked together by a consolidated statement mailing.
Please contact us for additional information or to discuss our capabilities in greater detail.
This information is provided without warranties of any kind, either express or implied, including any implied warranties of accuracy, completeness, fitness for a particular purpose, or non-infringement. All product names, company names, and logos mentioned herein are trademarks or registered trademarks of their respective owners. The Privileged Access Account is not a bank account. Securities, mutual funds and other non-deposit investment products available through the account are not FDIC-insured, not guaranteed by a bank and may lose value. Access to financial products and execution services is offered through J.P. Morgan Securities LLC (“JPMS”). Clearing and custody services are provided by J.P. Morgan Clearing Corp. (“JPMCC”). JPMS and JPMCC are separately registered broker dealer affiliates of JPMorgan Chase & Co. and is each a member of SIPC , FINRA and NYSE .