J.P. Morgan Asset Management has made an minority investment in Chicago-based GeoWealth, a financial technology and investment adviser. No financial terms were disclosed.
CHICAGO (PRWEB) DECEMBER 20, 2018
GeoWealth, a leading financial technology and investment advisory firm, today announced a minority investment in the firm by J.P. Morgan Asset Management. This growth capital will enable GeoWealth to bolster its marketing and distribution efforts and provide its integrated wealth management platform to a greater number of advisors nationwide.
GeoWealth’s cloud-based wealth management technology platform provides advisors a comprehensive suite of features to efficiently manage their practices. GeoWealth also provides turnkey access to a growing menu of ETF model portfolios fully integrated within the platform. This strategic investment by J.P. Morgan will help accelerate GeoWealth’s growth objectives and expand advisors’ access to innovative advisor technology and investment solutions.
“We are pleased to expand our partnership with J.P. Morgan through this strategic investment,” said Colin Falls, President of GeoWealth. “Our ambitious goals for continued innovation and expanded access to our platform will be bolstered by this investment and we look forward to quickly reaching a broader audience.”
“Two years ago we partnered with GeoWealth to deliver unique ETF model portfolios to advisors and investors through their innovative technology platform. We’ve found this offering to be successful and are glad to help support GeoWealth’s future growth in an area of increasing client interest,” said Ogden Hammond, Global Head of Beta Product & Business Development for J.P. Morgan Asset Management.
GeoWealth’s cloud-based financial technology platform empowers advisors to grow faster and to serve their clients more efficiently. GeoWealth provides its customers with digital advisory tools, flexible portfolio management and accounting, and an automated back office module that supports cost-efficient and compliant business practices, as well as a growing suite of model portfolios that helps deliver exceptional value to their clients. More information is available at http://www.geowealth.com or contact firstname.lastname@example.org.
About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $1.8 trillion (as of September 30, 2018), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors, and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P. Morgan Asset Management, is a leading global financial services firm with assets of approximately $2.6 trillion (as of September 30, 2018) and operations worldwide.