CALIFORNIA – JPMorgan Chase announced May 27 that it is expanding its affluent banking offering by opening 14 new J.P. Morgan Financial Centers across four states including several in California.
The company said its J.P. Morgan Private Client service at the new banking centers introduces the next level services for clients with more than $750,000 in qualifying deposit and investment balances.
JPMorganChase leaders will officially open the new centers this week in California, Florida, Massachusetts and New York in local ribbon-cutting ceremonies.
Combined with the two J.P. Morgan Financial Centers that opened in late 2024, the firm has a total of 16 locations, with plans to nearly double that by the end of next year.
‘Redefining how affluent clients are served’
The new Financial Centers are primarily former First Republic locations that were acquired in May 2023.
JPMorgan Chase said the new centers will bring a ‘uniquely tailored and high-touch experience to millions of potential clients.’
This includes private meeting spaces and distinctive finishes, which the company says will create an environment of privacy, sophistication and comfort.
“Through these Financial Centers, we are redefining how affluent clients are served, offering a highly personalized level of service that is backed by the global capabilities of JPMorganChase,” said Chase Consumer Banking CEO Jennifer Roberts.
The company also noted that it operates 19 Community Centers across the country as part of an overall effort to expand access to banking, tools and advice for underserved communities.
List of new J.P. Morgan Financial Centers in California
JPMorganChase closed over 60 branches in California in the past few years, driven by a broader shift toward digital banking.
However, the company says last year it opened more than 150 branches nationwide and is on its way to meeting its goal of opening 500 new branches by the end of 2027.
Here is a list of the new J.P. Morgan Financial Centers in California:
Encino – Ventura Blvd and Libbit Ave
Manhattan Beach – Sepulveda and 6th St
Menlo Park – Menlo Park Sand Hill
Napa – Napa
San Francisco – Pine and Front
Walnut Creek – Walnut Creek Growers Sq
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