How JP Morgan Investing Works

JP Morgan offers both a self-directed investment account and an automated investment account (AKA robo-advisor) under one roof. Account holders are not required to open both accounts, instead they can choose to open one or both investment accounts.

Best benefits

No minimum

With JP Morgan Self-Directed Investing, there is no minimum balance requirement for a trading account. You can start investing for the price of a single share of any stock or exchange-traded fund (ETF) you want to buy. However, the automated investment robo-advisory service has a minimum initial deposit requirement of $ 500.

Negotiation without commission

Most brokers, especially the app-oriented ones, offer free online stock trading. JP Morgan’s self-directed investing service offers $ 0 commissions on online and mobile equity and ETF transactions, and offers a competitive commission per contract for options trading.

No commission on mutual funds

JP Morgan Self-Directed Investing is one of the only brokers to offer $ 0 commission on all mutual funds, not just a select group of No Transaction Fee (NTF) funds. The rivals have mutual fund commissions of up to $ 49.99, which can be a big savings and is a key differentiator for JP Morgan.

Robo-advisor and brokerage account in one

Clients with at least $ 500 in their accounts can take advantage of JP Morgan Automated Investing to help them design an asset allocation for their risk tolerance and investment goals. This robo-advisor charges a management fee of 0.35%. Combined with JP Morgan’s traditional brokerage offerings, investors have an array of investment options to be as active or not as they want.

Chase Account Links

It can be convenient to have your bank accounts and brokerage assets with the same company, as this usually makes money transfers easier. Plus, you can manage your Chase credit cards, bank accounts, and any JP Morgan investment accounts all in one place.

Customer service

Chase customer service is available by phone from 8 a.m. to 9 p.m. EST weekdays and 9 a.m. to 5 p.m. on Saturdays. However, the real differentiator is that JP Morgan investment clients can also get help at any of the approximately 4,900 branches in Chase’s network.