J.P. Morgan Self-Directed Investing
The Manhattan Company, founded in New York in 1799 by Aaron Burr and Alexander Hamilton, is where J.P. Morgan's career began more than 200 years ago. It is one of the best stock brokerage firms. Building and maintaining the best and most reputable financial services organization in the world is J.P. Morgan's goal.
J.P. Morgan announced a number of accomplishments in 2021, including being the top underwriter of green and ESG-labeled bonds. J.P. Morgan Chase opened a digital Chase Bank on September 21, 2021, in the UK. J.P. Morgan announced on October 26, 2021, that it had already paid out more than $13 billion of the $30 billion it had promised to contribute to bridging the wealth gap between races.
The principal financial organization, which includes the Chase banking division, is J.P. Morgan Chase & Co. Broker-dealer J.P. Morgan Securities LLC (JPMS), which is owned by J.P. Morgan Chase & Co., operates the J.P. Morgan Wealth Management division with a full-service broker that offers a range of financial products and services. J.P. Morgan Self-Directed Investing (formerly "You Invest") is a discount broker owned by JP Morgan Wealth Management that offers commission-free stocks and ETFs. J.P. Morgan Self-Directed Investing excels at giving clients access to user-friendly platforms, resources, and tools. More active traders might, however, decide to use one of J.P. Morgan's rivals due to a lack of sophisticated trading tools and other essential characteristics.
Pros:
- Easy-to-use platform.
- $0 commissions.
- App connects all Chase accounts.
- No account minimum.
Cons:
- Limited tools and research.
- The portfolio Builder tool requires a $2,500 balance.
Founded: December 1, 2000
Revenue: US$121.65 billion (2021)
Website: https://account.chase.com/
NerdWallet rating: 5.0/5.0
