Company: J-P-Morgan
Date: 2016-04-05
Overall rating: 1/5
Employment status: former
Experience level: Junior

NOT Fiduciary
Pros: Benefits are good. Working Saturdays until 2:00 and evenings until 6:30 is totally awesome!.
Cons: VERY high partner turnover. The firm encourages higher priced recommendations, rather than what is in the best interest of the client at all times. My Compliance Manager reversed some of my trades in a low-cost fund family and put the clients in JP Morgan funds while I was on vacation, although the clients distinctly said they wanted to save on internal fees.  Clients called me very concerned that this Manager had contacted them in light of the length of time and decision input by the client.