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J.P. Morgan Reorganizes U.S. Wealth Unit

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J.P. Morgan Securities’ approximately 450 brokers are being combined into a single J.P. Morgan Chase & Co. business unit weighted by salaried bank-based wealth advisors, employees were told in memos and internal phone calls on Wednesday afternoon. The new U.S. Wealth Management business will include 4,000 advisors in 3,500 bank…

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