JPM · News · 20261019N

Wealth Management Advisor Departure

JPMORGAN CHASE & CO · 2026-10-19 · Importance 40 · Surprise 42

Former JPMorgan wealth-management partners Jim Atwood and Phil Scott launched Latigo Peak Partners, a Palm Beach Gardens, Florida-based registered investment adviser. The new firm oversees approximately $18.6 billion in client assets, making the move one of the largest reported bank-to-RIA departures. The event creates potential advisor-retention and client-asset portability risk for JPMorgan’s wealth-management business, although the digest does not quantify assets transferred from JPMorgan.

Key facts

• Two former JPMorgan wealth management partners, Jim Atwood and Phil Scott, launched Latigo Peak Partners managing $18.6 billion in client assets after leaving JPMorgan. source