Broker-dealer firm · New York, NY
J.P. Morgan Securities LLC
SEC-registered investment adviser · CRD 79 · SEC 801-3702
At a glance
J.P. Morgan Securities LLC is an SEC-registered investment adviser based in New York, New York, with $429.7 billion in regulatory assets under management as of its Form ADV filed September 30, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 1,234,172 individual clients. By Form ADV it is a broker-dealer firm, ranked 9th of 391 broker-dealer firms and 56th of 17,210 SEC-registered advisers by assets.
Main office 800-999-2000jpmorgan.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $430B
- Rank among broker-dealer firms
- #9 of 391
- Rank among all SEC RIAs
- #56 of 17,210
- Rank in New York
- #12 of 2,591
- Individual clients
- 1,234,172
- High-net-worth clients
- 356,866
- Accounts
- 1,246,646
- Discretionary
- 83% of AUM
- Employees
- 8,703
- Advisory staff
- 8,479
- Offices
- 3,567
Owners and executives on its Form ADV
- Patrick Paul DempseyTreasurer
- Eric D. TepperElected Manager
- Roger KlionChief Operating Officer
- Brian J BisesiElected Manager
- Carrie McCrumElected Manager
- Michael ChoiChief Compliance Officer - Registered Investment Adviser
- Rachid Alaoui AbdallaouiCEO, Chair, Elected Manager
- Kevin J FoleyElected Manager
- Paul VienickElected Manager
- David AidelsonChief Legal Officer
- Adam F EnglanderElected Manager
- Matthew D SableElected Manager
Custody and brokerage
Broker-dealer
Hybrid RIA
J.P. Morgan Securities LLC is a hybrid RIA: 8,513 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: J.P. Morgan Institutional Investments Inc. and Jpmorgan Distribution Services, Inc..
- J.P. Morgan Institutional Investments Inc. ↗CRD 102920
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, March 2026
- Jpmorgan Distribution Services, Inc. ↗CRD 104234
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 356,866 | $251B | 58% |
| Individuals | 877,306 | $142B | 33% |
| Corporations or other businesses | 8,977 | $28B | 6% |
| Charitable organizations | 928 | $6.3B | 1% |
| Pension and profit sharing plans | 2,559 | $2.8B | <1% |
| Insurance companies | 9 | $21M | <1% |
| Other | 1 | $0M | <1% |
Disciplinary disclosures
J.P. Morgan Securities LLC answers yes to 165 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Other
Form ADV and brochures on the SEC’s adviser search ↗jpmorgan.com ↗
SEC and FINRA actions
- SEC, Oct 2, 2026Registration and reporting. Settled without admitting or denying.Official release
AtlasMembers
The full record on J.P. Morgan Securities LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 31 peers of its type and size
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- Owners and executives, with titles and stakes
- 15 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 4Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does J.P. Morgan Securities LLC manage?
J.P. Morgan Securities LLC reports $429.7 billion in regulatory assets under management across 1,246,646 accounts, 83% of it on a discretionary basis, on its Form ADV filed September 30, 2026.
What kind of firm is J.P. Morgan Securities LLC?
J.P. Morgan Securities LLC is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are J.P. Morgan Securities LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($251.1 billion, 356,866 clients); individuals ($141.8 billion, 877,306 clients); corporations or other businesses ($27.6 billion, 8,977 clients).
Does J.P. Morgan Securities LLC have any disciplinary history?
J.P. Morgan Securities LLC answers yes to 165 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is J.P. Morgan Securities LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →