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Ten J.P. Morgan Wealth Management teams were honored on Forbes’ 2025 America’s Top Wealth Management Teams ranking, which recognizes the 200 leading groups across the country. This honor includes 27 J.P. Morgan financial advisors and their partners.
Nine of these teams have been named to this ranking for at least two consecutive years, and five have been honored every year since the award’s inception in 2022.
“This recognition is a testament to the incredible dedication of our advisor teams,” said Mollie Colavita, head of J.P. Morgan Advisors. “They work together to help clients navigate all parts of their financial lives and complex wealth needs. I’m so proud to celebrate their teamwork.”
“For our advisors, client needs are at the forefront of everything they do,” said Eric Tepper, head of branch-based advisors at J.P. Morgan Wealth Management. “Their partnership and commitment to clients set a powerful standard of excellence for the industry. Congratulations to each of them on this honor.”
Forbes recognized the following teams:
The Phil Scott Group (Bellevue) helps people pursue meaningful goals around their wealth, providing them with honest advice that reflects the distinctive nature of their situations. The team looks to help clients design a pathway to their ambitions, lending ease and coordination to their financial affairs.
The O’Callaghan Thomas Group (New York) provides investment guidance to ultra-high-net-worth individuals, families, executives and entrepreneurs. The highly responsive, high-touch practice seeks to grow and preserve each clients’ wealth and help them leave a legacy for future generations.
The Weikes Slattery Group (New York) serves the wealth management needs of family offices, business owners, c-suite executives and real estate investors. The team’s family office-style approach to handling the intricacies of wealth management allows them to provide a tailored approach for each one of their clients.
The OCB Group (San Francisco) offers the high-touch, client-centric benefits of a boutique firm with the resources of one of the world’s largest and most respected financial institutions. The team’s business is rooted in their mission to exceed clients’ expectations.
Maybach Partners (New York) is dedicated to the stewardship of significant wealth and financial assets. The team serves diverse and sophisticated clients, ranging from high-net-worth individuals and their families to organizations such as publicly traded companies, universities and municipalities.
The Vahab Group (New York) works with an ultra-high-net-worth clientele, including founders, serial entrepreneurs, venture capitalists, C-suite executives, as well as generations of families and family offices. At the foundation of the team’s approach is rigorous and ongoing multigenerational planning that accounts for each client’s situation and aspirations.
The Babrick Team (Los Angeles) helps an accomplished clientele simplify their financial lives and navigate a more direct pathway to their ambitions. The team serves as a single, integrated resource that is wholly focused on advancing each client’s interests, steadily and methodically.
The Alta Group (San Francisco) is a single source of integrated wealth management encompassing investing, financial planning, wealth transfer, retirement strategies, succession planning and family-wealth dynamics. The team is proud to serve as trusted members of clients’ inner circle, helping them advance their priorities and chart a path to their aspirations.
Joseph Minaudo, Christopher J. Lee and Andrew Han at J.P. Morgan Wealth Management (New York) provide comprehensive wealth management services to a diverse clientele, including individuals, families, business owners, corporate executives, entrepreneurs, professionals and foundations. The team is committed to delivering tailored planning and investment offerings.
The McPhee Haggerty Ledoux Longmire Group (Boston) delivers comprehensive strategies for life science executives, leveraging a deep understanding of the unique liquidity and wealth management challenges inherent to the business life cycle of this industry.
J.P. Morgan Wealth Management continues to invest in top talent and resources. Our advisors and clients have access to a wide array of products and in-house specialists, award-winning research and a diverse range of investment strategies. J.P. Morgan also offers a suite of Family Wealth Services to help clients navigate the unique opportunities and challenges of family wealth, including family engagement and governance, philanthropy, family office and exclusive access to lifestyle services such as bill pay, private aviation, cybersecurity and more. The firm’s robust offerings empower advisors to help clients navigate the markets and plan for their family’s goals and legacy.
J.P. Morgan has earned the Top Global Research Firm spot from Institutional Investor for four consecutive years.
This Forbes ranking includes 200 teams and was compiled by SHOOK Research. The selection criteria includes interviews, industry experience, compliance records, revenue produced and assets under management.
To see the full ranking and information on criteria, visit here for Top Private Wealth Teams and here for Top High Net Worth Teams.
Forbes/SHOOK America’s Top Wealth Management Teams (11/12/25, data as of 03/31/25); (11/13/24, data as of 03/31/24); (11/07/23, data as of 03/31/23); (11/08/22, data as of 03/31/22). Ratings may not guarantee future success or results. Fee paid to rating provider for advertisement materials after rating announced. Methodology here: jpmorgan.com/award-disclosures
About J.P. Morgan Wealth Management
J.P. Morgan Wealth Management is the U.S. wealth management business of JPMorgan Chase & Co., a leading global financial services firm with assets of $4.6 trillion and operations worldwide. J.P. Morgan Wealth Management has ~6,000 advisors and $1.2 trillion of assets under supervision. Clients can choose how and where they want to invest. They can do it digitally, remotely or in person by meeting with an advisor in one of our more than 5,000 Chase branches throughout the U.S., or in one of our offices. For more information, go to www.jpmorgan.com/wealth and follow J.P. Morgan Wealth Management on LinkedIn.
J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.
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The carmaker owned by the billionaire industrialist Jim Ratcliffe will make hundreds of job cuts across the company’s global workforce as his heavily indebted empire comes under increasing pressure.
Ineos Automotive did not specify an exact number of losses from its 1,700-strong workforce, saying only that it would shed “several hundred” head office staff across multiple locations, including the UK and parts of Europe.
The company owned by Ratcliffe, who also co-owns Manchester United, said the “strategic measures to structure its business” would help to simplify its head office and improve efficiency.
The Guardian understands that the cuts are unlikely to affect the company’s automotive plant in Hambach, France, which is building the Ineos Grenadier, an off-road vehicle that pays homage to the discontinued Land Rover Defender.
Ratcliffe has struggled to turn his vision into a profitable business after a string of problems at the French factory, which led the company to recall more than 7,000 of its Grenadier vehicles in the US over faulty doors.
Donald Trump’s decision to impose higher tariffs on imports of cars into the US, the Grenadier’s biggest market, has piled further pressure on the business.
Ineos Automotive is part of a sprawling business empire focused on chemicals manufacturing. Last month Ineos closed two chemical factories in Germany and said it would cut a fifth of jobs at its East Yorkshire plant, blaming “sky-high” energy costs and “dirt-cheap” imports from China.
The company has accused Europe of carrying out “industrial suicide” by imposing green policies that Ineos claims raise the cost of energy. The group is also scrambling to file anti-dumping cases to block the import of cheap chemicals products into the EU in an attempt to protect its core petrochemicals business from further financial strain.
But the company has already lost the confidence of credit rating agencies and debt investors. The Guardian revealed earlier this year that two leading credit ratings agencies had raised red flags over the Ineos Group, which could lead to its debt pile climbing to almost €12bn (£10bn) this year.
Fitch Ratings and Moody’s, which provide financial health checks for most big companies, said in February that Ratcliffe’s chemicals business had racked up debts that were between five to six times larger than the company’s annual earnings. Its debts have since climbed to eight times their annual earnings, according to Fitch.
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Ratcliffe, who has a net worth of £17bn, according to this year’s Sunday Times rich list, built Ineos by using debt to make strategic acquisitions in the chemicals industry, including a deal to buy an Antwerp chemicals facility from BP in 1998.
In recent years the prominent Brexit backer has expanded beyond the chemicals industry to invest in a string of sporting teams as well as the leather jacket maker Belstaff, and his automotive venture. In 2023 he took a minority stake in Manchester United, which has made a £300m loss over the past three years. Ratcliffe sold Belstaff in September to the sportswear group Castore.
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