J.P. Morgan Private Bank has launched a U.S. family office practice.
The practice will bring together the experience of more than 150 professionals, including 40 formerly practicing partner level estate and tax attorneys, offering guidance on estate planning, life insurance and strategic wealth transfer techniques, along with the Private Bank's advice lab, global investment opportunities (GIO) and outsourced chief investment officer (OCIO) teams.
It will be led by William Sinclair, a 17-year veteran of J.P. Morgan and a member of the U.S. Private Bank Operating Committee. As head of the practice, he is responsible for the strategic growth of the Private Bank's family office platform to meet the complex needs of this sophisticated client base.
Sinclair is also head of the Private Bank's Financial Institutions Group, a division of more than 180 professionals that focuses on delivering the firm's robust wealth management services to financial sector executives and