J.P. MORGAN AUTOMATED INVESTINGImportant things to know

All Automated Investing accounts will be converted to Self-Directed Investing accounts starting the evening of May 2, 2024.
Initiating money transfers for your Automated Investing account(s) will be unavailable (online or via Customer Service) after 4 PM ET on May 1, 2024.
Your account number(s) will remain the same.
Your current investments will carry over and won’t be sold.
On or about May 2, 2024, J.P. Morgan will no longer manage the investments in your Automated Investing account(s), and you won’t be charged advisory fees or be required to maintain a minimum balance once your account has been converted.
You’ll be solely responsible for any decisions about whether to buy, hold or sell investments in your account(s).
If you’re comfortable managing your account(s), you don’t need to do anything. You’ll retain your positions, account number(s) and existing online login to see historic statements and tax documents.

J.P. Morgan Automated Investing FAQs

We are discontinuing Automated Investing and converting all accounts to Self-Directed Investing accounts starting the evening of May 2, 2024. You’ll receive more information by mail before the conversion.

We are no longer offering J.P. Morgan Automated Investing based on our latest business assessment. J.P. Morgan Wealth Management is constantly assessing our business to focus on solutions that create a great place for clients to build their wealth, regardless of where they are on their journey.

On or around April 1, 2024, we’ll stop charging advisory fees for your Automated Investing account(s).
Initiating money transfers for your Automated Investing account(s) will be unavailable (online or via Customer Service) after 4 PM ET on Wednesday May 1, 2024.
On or around May 2, 2024 we’ll stop managing the investments in your Automated Investing account(s).
On the evening of May 4, 2024, the conversion of all Automated Investing account(s) should be completed.

Note that some functionality may be unavailable during the conversion.

You don’t need to do anything if you’re comfortable with managing your account(s).You’ll retain your positions, account number(s) and existing online login to see historic statements and tax documents.

However, as a reminder, you’ll be solely responsible for any decisions about whether to buy, hold or sell investments in your account.

Your Automated Investing account(s) will be automatically converted to Self-Directed Investing account(s). If you’d like to explore investing with an advisor, J.P. Morgan Wealth Management offers J.P. Morgan Personal Advisors and J.P. Morgan Private Client Advisor.

There is no option to keep your current Automated Investing account(s) once it has been discontinued.

You can no longer open new Automated Investing accounts as of December 10, 2023.

Your current investments will carry over and won’t be sold. After the conversion you’ll be solely responsible for any decisions about whether to buy, hold or sell positions in your account.

Since we’ll no longer automatically invest contributions or raise cash for withdrawals after your account has been converted, we’ll cancel recurring money transfer(s) set up for your Automated Investing account(s).

Unlike in Automated Investing, in Self-Directed Investing, dividend and capital gain distributions are defaulted to “Pay in cash.” After the conversion has been completed, please review your dividend and capital gain distributions in the “Profile & Settings” tab on your online profile.

Self-Directed Investing allows you to build and manage your own portfolio. With Self-Directed Investing, you’ll get commission-free online trades and thousands of investments across stocks, ETFs, fixed income, mutual funds and options. We have tools that you can use to track stock performance, search for prospective investments that fit your criteria and help you build a diversified portfolio.

J.P. Morgan Self-Directed Investing clients get access to powerful tools and research to help you manage your investments. Learn more on our Client Welcome Center.

Read about helpful investing tips and insights on The Know.

You would need to open a Self-Directed Investing account online. Then, call our service center to close your Automated Investing account(s) and move all the assets to your Self-Directed Investing account. Learn more

If you prefer to maintain a managed account instead of Self-Directed Investing, J.P. Morgan Wealth Management offers additional ways to work together, including J.P. Morgan Personal Advisors and J.P. Morgan Private Client Advisor for clients who are interested in working with an advisor. To explore other available investment options, visit chase.com/personal/investments.

There is no fee for converting your Automated Investing account to a Self-Directed Investing account.

As an Automated Investing client, you were paying a management fee. Once converted, there are no management fees associated with your Self-Directed Investing account(s).

If you choose to move your assets to an external account, we will waive the $75 outgoing ACAT fee.