JPMorgan Plans to Hire 1,300 More Advisers Over Next Three Years

JPMorgan Chase & Co. plans to hire about 1,300 advisers over the next three years as part of a strategy to boost assets in its wealth-management operation to $1 trillion.

The additions would bring the total to 6,000 from about 4,700, Jennifer Piepszak, co-chief executive officer of JPMorgan’s consumer and community banking operation, said at the firm’s investor day Monday. The bank has already added 1,100 advisers since 2017, she said.

The unit, run by Kristin Lemkau within JPMorgan’s massive consumer operation, is one of the key growth initiatives it’s highlighting at its investor day Monday. In a presentation, ...