Safety and Security | J.P. Morgan Private Bank U.S. (2024)

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Contact us to discuss how we can help you

As one of the strongest and best capitalized financial services firms in the world, we stand prepared to meet the long-term safety needs of our clients.

We understand how important it is to protect your wealth. It’s what we’re focused on more sharply than anything—and it’s been the hallmark of our firm for over 200 years. As a J.P. Morgan client, you benefit from three foundational qualities we keep among our highest priorities: A “Fortress Balance Sheet,” an experienced and trusted management team, and a laser focus on cybersecurity and fraud prevention.

Our size and strength are your protection

Our size, strength and discipline in maintaining strong capital ratios have enabled us to weather countless market cycles and to protect our clients during volatile times. In a recent letter to shareholders, Jamie Dimon, CEO of JPMorgan Chase, highlighted this commitment: “Nearly every year since the Great Recession, we have improved virtually every measure of financial strength, including many new ones. In the worst years of 2008 and 2009, JPMorgan Chase did absolutely fine—we never lost money and we continued to serve ourclients."

What do we mean by our “Fortress Balance Sheet,” and what makes it unique? There are two key attributes thathave enabled us to be consistently strong through the years:

Loan-to-deposit ratio—This is used to measurea bank’s liquidity. In other words,the ease with which assets can be converted into cash without affecting their market price. The ratio is a comparison of a bank’s total loans to its total deposits over a period of time. If the ratio is too high, a bank may not have enough liquidity to cover unexpected events or requirements. If it’s too low, the bank may not be earning as much as it could be. The accompanying chart shows how our firm’s ratios have compared to other banks.

U.S. bank loan-to-deposit ratios- Estimated retail deposit share of total deposits

Safety and Security | J.P. Morgan Private Bank U.S. (1)

Sources: Autonomous Research,J.P. Morgan Asset Management. Securities include Hold to Maturity and Available for Sale categories, Q3 2022.

As shown in the loan-to-deposit ratio chart a high level of loans plus securities as a percentage of deposits, and very low reliance on stickier retail deposits as a share of total deposits.

Common Equity Tier 1 Capital—This is the core capital that a bank holds. Regulators require banks to hold certain levels of Tier 1 and Tier 2 capital as reserves so that they’re able to absorb losses with minimal repercussions. The minimum Tier 1 capital ratio is 6% of the bank’s risk-weighted assets. Our firm’s ratio was greater than 13% in the fourth quarter of 2022—the highest among a broad representation of industry peers.

Impact of unrealized securities and loan losses on capital

Safety and Security | J.P. Morgan Private Bank U.S. (2)

Source: J.P. Morgan Asset Management, Q4 2022.

The aggregate Tier 1 capital ratios and loan to deposit ratios for US banks. Tier 1 capital ratios are exaggerated on the high side due to the high level of unrealized losses in hold-to-maturity portfolios.

Drawing on over two centuries of accumulated knowledge

Ensuring we have strong financials and protecting our clients’ interests begin with our experienced leaders, who have weathered multiple financial crises and adhere to the strict requirements designed to keep client assets safe. We are continuously committed to:

  • Assessment and management of risk at all times and in every market condition
  • Prudent lending practices
  • Appropriately conservative accounting practices
  • Strong controls

A multilayered approach to cybersecurity and fraud protection

Risks to the safety of your assets extend beyond volatile markets, including the rising threat of cyber fraud. We are familiar with the schemes, scams and threats that face us all today, and we work diligently to keep your wealth as safe as possible. We invest hundreds of millions of dollars each year to protect client interests and assets, including:

  • A $700 million annual investment in cybersecurity, in addition to a $12 billion annual investment in technology
  • Education on cybersecurity and money movement controls remains a priority, with in-person client trainings and best practices to implement

We can help

The safety and security of ourclients’ assets are our top priorities. Our goal is to help bring you peace of mind and for you to be confident that we will be here to guide you through turbulent times, just as we will in calmer environments. Please complete the Contact Us form below to speak to a specialist about how we can help you and your family during these uncertain times, and to learn more about how J.P. Morgan protectsclients’ assets.

“We have the staying power to survive tough times. We are a port of safety in almost any storm.”

*Source: World's Best for Ultra High Net Worth Individuals 2023 by Euromoney, February 2023

LEARN MORE About Our Firm and Investment Professionals Through FINRA Brokercheck

To learn more about J.P. Morgan’s investment business, including our accounts, products and services, as well as our relationship with you, please reviewour J.P. Morgan Securities LLC Form CRS andGuide to Investment Services and Brokerage Products.

JPMorgan Chase Bank, N.A.and its affiliates (collectively "JPMCB") offer investment products, which may include bank-managed accounts and custody, as part of its trust and fiduciary services. Other investment products and services, such as brokerage and advisory accounts, are offered throughJ.P. Morgan Securities LLC("JPMS"), a member ofFINRAandSIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. JPMCB, JPMS and CIA are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

Please read theLegal Disclaimerfor key important J.P. Morgan Private Bank information in conjunction with these pages.


Safety and Security | J.P. Morgan Private Bank U.S. (3) Bank deposit products, such as checking, savings and bank lending and related services are offered by JPMorgan Chase Bank, N.A. Member FDIC.Not a commitment to lend. All extensions of credit are subject to credit approval.

Safety and Security | J.P. Morgan Private Bank U.S. (2024)
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