JPM · News · 20261019N

Competition and Talent Mobility

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

Financial advisers Phil Scott and Jim Atwood are leaving JPMorgan to form Latigo Peak Partners. Their new firm is expected to oversee approximately $18.6 billion in client assets, making the move one of the largest recent bank-to-RIA transitions. The departure highlights competitive pressure from independent registered investment advisers for high-value wealth-management relationships.