JPMorgan’s Productivity by Financial Advisors (2016-2019)

Download

Subscribe to Pro or Enterprise plans to unlock download access for all datasets.
  • PNG
  • XLSX
  • PDF
Subscribe to Pro or Enterprise plans to unlock download access for all datasets.
  • PNG
  • XLSX
  • PDF

About

This statistic highlights JP Morgan’s Productivity by Financial Advisors starting from the First quarter of 2016. Click here to know more.
Subscribe to Pro or Enterprise plans to unlock this feature.
More information
Subscribe to Pro or Enterprise plans to unlock this feature.
Contact the Analyst

Business Quant Evaluate

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on reddit
Share on facebook
Share on twitter
Share on linkedin
Share on email

The statistic highlights JPMorgan’s Productivity by Financial Advisors from Q1 FY 2016 to the latest quarter.

JPMorgan Chase & Co. (NYSE: JPM) is a financial service holding company and American multinational investment bank headquartered in New York City. It is a part of America’s Big Four banks, with Bank of America, Wells Fargo, and Citigroup. In terms of market capitalization, JPMorgan tops in the world. Incorporated in Delaware, S&P Global ranked the bank as the largest bank in the US.

Founded in San Francisco, Bank of America (NYSE: BAC) is an American financial service and investment bank. It has got central hubs in London, Hong Kong, Dallas, Toronto, and New York City and provides services to more than 10.73% of all-American bank deposits. Bank of America is the 13th largest company in the world, with a market capitalization of $315.5 billion in June 2018. Its primary financial services are investment banking, wealth management, and commercial banking.

The productivity of financial advisors helps the investors to know about the revenue per professional for any period, calculated by dividing the number of financial advisors from total revenue of the period. The better the productivity, the better the revenue results, and if the revenue per professional is low, then it signals that advisers need to boost productivity.

  • The year 2016

There is a wide gap in the productivity of Bank of America and JPMorgan Chase and Co. over many quarters, as the revenue and advisor count differ. In Q1, JPM has productivity of $535K/advisor, whereas BAC is near to touch the mark of $1 million/advisor. In Q2, BAC is constant with the same productivity, and JPM increased its productivity to $577.8K/advisor. Q3 and Q4 shown contrasting results for both the companies as productivity increased for JPM while decreased for BAC. The quarterly results for Asset and wealth management increased to $3.09B for JPM, while Global Wealth and Investment Management dropped to $4.38B for BAC.

  • The year 2017

In Q1, productivity for both JPM and BAC increased as the revenue level in the respective segment also increased. Q2 is historic for both the companies as BAC marked the figure of $1 million/advisor, and JPM touched the all-time highest of $673.33K/advisor. The next quarters were tight for both the companies. The productivity for JPM slightly dropped as there was a minute increase in the revenues, whereas a consistent rise in advisors. On the other line, BAC saw constant productivity in last as there was a proportionate increase in revenues and advisor count.

  • The year 2018

In Q1, both companies witnessed higher productivity compared to a year ago. JPM reported the productivity of $651.14K/advisor, whereas BAC reported $1.04M/advisor. But, in Q2, both the companies reported lower productivity for both companies’ YoY. JPM reported the productivity of $660.36K/advisor, whereas BAC reported the productivity of $1.02M/advisor, as the increase in advisors in both companies is more than the revenue increase. The last two quarters were contrasting as JPM reported a linear decline while BAC reported a linear increase in their productivity.

  • The year 2019

Q1 was constant for BAC at $1.04M/advisor while JPM saw a decline at $600.63K/advisor, same as a year ago. In Q2, JPM reported the lowest productivity, whereas BAC reported the highest productivity compared to the last two years. The last two quarters showed the same results for both the companies. JPM and BAC witnessed consistent growth in productivity over the last two quarters of the year.

Did you like JPMorgan’s Productivity by Financial Advisors statistic? Get access to such granular datasets by registering for free.

Read more

Our Plans

Always know what you’ll pay. No hidden costs or surprises.

  • Annual
  • Monthly

Basic

Get to know us

  • Access to basic datasets
  • No credit card required
$0
per month*
Get Started

33% discount until September 30

Best Value

Pro

For serious investing

  • Access to all datasets Get immediate access to all the dashboards and dossiers.
  • Bespoke Research We'll expand granular coverage to companies and sectors of your choice.
  • Connect with Analysts Direct connect with the analyst team. Ask questions or suggest future coverage road map.
$59
$39
per month*
Buy Now

Enterprise

For tailored workflows

  • Everything in Pro Account Get unfettered access to all our dashboards and dossiers.
  • Custom Built Dashboards Get tailored dashboards built specially for you, to simplify your research workflow.
  • Team Discounts Volume discounts for research teams.
$99
per month+*
Contact Us

* Billed annually, local taxes extra. 

Basic

Get to know us

  • Access to basic datasets
  • No credit card required
$0
per month
Get Started

33% discount until September 30

Best Value

Pro

For serious investing

  • Access to all datasets Get immediate access to all the dashboards and dossiers.
  • Bespoke Research We'll expand granular coverage to companies and sectors of your choice.
  • Connect with Analysts Direct connect with the analyst team. Ask questions or suggest future coverage road map.
$89
$59
per month*
Buy Now

Enterprise

For tailored workflows

  • Everything in Pro Account Get unfettered access to all our dashboards and dossiers.
  • Custom Built Dashboards Get tailored dashboards built specially for you, to simplify your research workflow.
  • Team Discounts Volume discounts for research teams.
$149
per month+*
Contact Us

* Local taxes extra. 

BQ Star Yellow 3

Get Pro for 33% off

  • Access all features immediately
  • Datasets updated every day
  • Harness the power of granular data

Offer Ends In

Starting from $59 $39 / month

Help us improve

Survey

  • Your feedback is highly appreciated.

  • It'll take less than 60 seconds.