Robert Beaton is a Finance & Investments professional with many years of industry experience. He is a Previously Registered Broker with Clean Conduct. And Robert’s most recent Broker Registration was with JP Morgan Securities LLC. Please visit LinkedIn for more information.
JP Morgan Securities is a brand name for a wealth management business conducted by JP Morgan Chase & Co (“JPMC”) and its subsidiaries worldwide. JP Morgan Chase Bank, N.A. and its affiliates (collectively “JPMCB”) offer investment products, which may include bank managed accounts and custody, as part of its trust and fiduciary services. Other investment products and services, such as brokerage and advisory accounts, are offered through JP Morgan Securities LLC (JPMS), a member of FINRA and SIPC.
Featured Content
Reuters – JP Morgan lowers account minimum and expands free trades for ‘You Invest’ program
By Elizabeth Dilts-Marshall
“JP Morgan Chase announced its plan to lower the amount of money required to open a robo-adviser investment account, and also provide zero-commission online trades to additional customers. This news comes as platforms throughout the investment industry respond to pressure from investors to reduce their minimum account requirements and fees.” – Elizabeth Dilts-Marshall
Summary: Reuters Wealth Management Correspondent Elizabeth Dilts-Marshall provides an update on JP Morgan’s efforts to protect and grow market share, within the increasingly competitive space for retail online-brokerage clients. With several leading retail online-brokerage platforms now offering zero-commission trades and lowered account minimums, financial services firms across the industry are improving their product & service offerings to retain existing clients. – Featured on Robert Beaton JP Morgan Dotcom.
NPR – Banks Impacted by Pandemic, but JP Morgan Weathers the Prevailing Storm
By Jim Zarroli and Avie Schneider
Summary: NPR’s Business Desk Correspondent and its Senior Online Editor team up to provide an overview of how the current economic conditions have impacted U.S. bank earnings. Although many banks strengthened their balance sheets following the 2008 financial crisis, the economic contraction caused by the pandemic has impacted the banking industry’s overall margins and profitability. However, JP Morgan still managed to generate a profit during the second quarter of 2020, due to increased trading desk revenue that offset prudent provisions set aside for non-performing loans. Visit NPR’s article for more information on the latest banking industry earnings. – Featured on Robert Beaton JP Morgan Dotcom.
Yahoo Finance – Several Investing Principles by JP Morgan’s Retirement Group
By Ethan Wolff-Mann
“JP Morgan’s Retirement Group shares several investing principles to be mindful of during the pandemic.” – Ethan Wolff-Mann
Summary: Yahoo Finance’s Senior Writer Ethan Wolff-Mann introduces readers to JP Morgan’s latest ‘Guide to Retirement’ presentation and summarizes the Retirement Group’s latest insights. The pandemic has created a period of uncertainty for most people. However, the following investing principles can help people navigate this challenging period and keep their retirement plans on track. Such as, try to focus your attention on the things within your control, ensure your asset allocation matches your risk tolerance, and keep your long-term investment objectives in mind. A link to the annual ‘Guide to Retirement’ presentation can also be found within Ethan’s article. – Featured on Robert Beaton JP Morgan Dotcom.
MarketWatch – JP Morgan’s Shareholder Letter Conveys Jamie Dimon’s Reserved Outlook
By Ciara Linnane
Summary: MarketWatch’s Editor Ciara Linnane provides readers with a summary of several key topics addressed by Jamie Dimon in JP Morgan’s latest letter to Shareholders. First, JP Morgan’s priority is to ensure that the bank’s daily operations continue while also adapting to the immediate challenges caused by the pandemic. Once these immediate challenges are addressed, the bank can update and resume its strategic long-term plan. Second, JP Morgan is closely monitoring the slowing economy and is prepared to navigate a scenario that adversely impacts the bank’s clients and customers. The bank shall continue to thoughtfully extend credit but must also be mindful of adhering to regulatory capital requirements. And third, JP Morgan would like to see the development of a credible plan that provides a pathway to reopening the economy. – Featured on Robert Beaton JP Morgan Dotcom.
Forbes – Annual Ranking of Companies Places JP Morgan at Top of The List
By Marley Coyne
Summary: Forbes’ Business Writer Marley Coyne explains the results of Forbes’ recently released ranking of companies. And for twenty-twenty, JP Morgan has been named the largest publicly listed company in the United States based on the magazine’s internal scoring model. In addition to a company’s market value, their model also includes a number of other factors such as annual revenues, net profit margins, and assets held on the balance sheet. – Featured on Robert Beaton JP Morgan Dotcom.
Financial Times – JP Morgan and Goldman Sachs Throw Weight Behind ‘Members Exchange’ (MEMX) Start-Up
By Philip Stafford
“Firms JP Morgan and Goldman Sachs along with quant trading firm Jane Street Capital, have joined other rival Wall Street firms in financially backing Members Exchange, a new stock-trading venue that aims to shake up the current competition within the publicly traded US equity market.” – Philip Stafford
Summary: Financial Times Trading Room Editor Philip Stafford provides an overview of Members Exchange’s (MEMX) latest efforts to launch a stock exchange that will challenge the leading NYSE, Nasdaq, and CBOE exchanges. MEMX which is scheduled to launch this summer, has already received financial backing from 9 of the largest trading houses in the financial services industry. However, news that MEMX will receive additional financial backing from JP Morgan, Goldman Sachs and Jane Street Capital has gained the industry’s attention. Philip’s article is an insightful piece that demonstrates JP Morgan’s ability to invest strategically in the ever-changing market structure of securities exchanges. – Featured on Robert Beaton JP Morgan Dotcom.
Business Insider – JP Morgan and 7 Other Leading Banks To Suspend Equity Share Buybacks To Help Address ‘Unprecedented Challenges’ Amidst Pandemic
By Spriha Srivastava
“During this period of economic uncertainty, JP Morgan and 7 other leading U.S. banks have announced the planned suspension of equity share buybacks until July twenty-twenty.” – Spriha Srivastava
Summary: Business Insider Executive Editor Spriha Srivastava provides readers with an update on the Financial Services Forum’s announced plan to temporarily suspend share buybacks. JP Morgan is a member of the Financial Services Forum, along with several other major U.S. banks. Stock Buyback Programs reduce a company’s total number of outstanding equity shares. The programs are typically utilized by publicly-traded companies to improve their earnings per share metrics, consolidate their ownership structure, or buyback undervalued stock that can be resold at a higher share price on a later date. Many public companies may need to secure financial assistance from the government to successfully navigate the economic shutdown caused by the coronavirus pandemic. As such, observers want to ensure that companies that receive financial assistance do not use government proceeds to fund their Stock Buyback Programs. – Featured on Robert Beaton JP Morgan Dotcom.
Barron’s – JP Morgan’s Top Book Picks for the Summertime
By Abby Schultz
Summary: Barron’s Wealth-Lifestyle Reporter Abigail Schultz, who is also one of the magazine’s best writers, provides readers with a beautifully written piece. And leads them through an insightful overview of how the bank found, reviewed, and curated its ‘list of top books’ to peruse during the sunny season. Although JP Morgan releases this list on an annual basis, the approach this year was unique and involved seeking book recommendations from a wide-array of experts across many fields. This fresh perspective resulted in an eclectic but strong list of books that includes several different genres and should suit the interests of many readers. Read Abigail’s piece for more about the final list of books. – Featured on Robert Beaton JP Morgan Dotcom.
Wall Street Journal – JP Morgan Profit Jumps on Strong Trading Quarter
By David Benoit
“JP Morgan’s profit soared during its fourth-quarter reporting period, which closed out the firm’s best year ever. This performance indicates that the underlying U.S. economy remains robust.” – David Benoit
Summary: Wall Street Journal Reporter David Benoit provides an update on JP Morgan’s latest financial performance. The nation’s largest bank reported both revenue and profits above analyst estimates. The strong performance was supported by operating activities across the corporate and investment bank, along with the retail bank. However, the commercial bank detracted from performance. David’s article is an informative, concise, and worthwhile read. – Featured on Robert Beaton JP Morgan Dotcom.
Bloomberg – JP Morgan Has a Plan to Help Amazon and Airbnb Look More Like Banks
By Michelle Davis
“JP Morgan’s new e-wallet would provide third-party technology companies with the ability to offer their customers virtual bank accounts for individuals and other interesting perks.” – Michelle Davis
Summary: Bloomberg News Banking and Finance Reporter Michelle Davis provides an update on JP Morgan’s latest efforts to develop an e-wallet geared towards technology companies. Today, more technology companies are developing their own payment-processing ecosystems to reduce the transaction costs incurred by their businesses and customers. The aforementioned shift will lead to a decline in revenue for Banks, as their traditional payment-processing services become less relevant. Michelle’s article allows readers to learn more about how leading banks are responding to the increased use of non-traditional payment-processing platforms and digital currencies. – Featured on Robert Beaton JP Morgan Dotcom.
CNBC – JP Morgan’s top quant says the ‘once in a decade’ rotation into value stocks will continue
By Yun Li
“The large market rotation into value-oriented stocks that occurred during September and impacted investors, is expected to continue into twenty-twenty, according to senior JP Morgan quantitative strategist Marko Kolanovic.” – Yun Li
Summary: CNBC’s Markets and Investing Reporter Yun Li provides readers with a brief synopsis of Marko Kolanovic’s note shared with JP Morgan clients. Marko anticipates that value stocks will continue to perform well through Q1 of 2020, with continued support from what is believed to be an improving macro-economic environment. Given the strong performance of momentum stocks during 2019, investor interest in value stocks will likely increase as investors consider alternative ways to rebalance their portfolios heading into 2020. – Featured on Robert Beaton JP Morgan Dotcom.
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