JPMorgan Chase has appointed Michael Boardman as chief executive of Chase Wealth Management (CWM).
CWM manages USD179bn of assets and has more than 3,000 advisors.
In this role, Boardman will help grow Chase Private Client and Chase Investments across CWM, working closely with its partners in the private bank at JP Morgan. He will report to Barry Sommers, CEO of the consumer bank, and be based in New York.
Boardman (pictured) joins the firm from US Bancorp where he was president of the Private Client Reserve. He previously worked at US Trust where he was most recently head of the Midwest region, and earlier at Charles Schwab as vice president in business strategy.
Boardman originally began his career at Chemical Bank in the credit training programme. He worked at JPMorgan Chase and its predecessor firms for 14 years across global asset management, private wealth management and corporate strategy.
"We couldn't be more excited to have someone of Michael's calibre join our team," says Barry Sommers, CEO of the Consumer Bank. "Michael is an A-player and can build on the terrific success we've had at Chase Wealth Management."