The private advisory team at the US bank is part of its family office practice.

JP Morgan Private Bank is building out its Morgan Private Advisory arm with a number of recruits.

The advisory team, part of the US bank’s family office practice, offers services such as tax strategy, philanthropy planning, proprietary trust and estate disposition analysis, matrimonial guidance, and cyber advisory.

Robert Fritz has been named head of executive advisory; he has more than 30 years of experience at Goldman Sachs Ayco (a workplace financial planning business within Goldman Sachs.) He will advise CEOs and C-suite executive clients on compensation, retention, and benefit-related matters. Fritz will also work with JP Morgan’s Workplace Solutions, which offers employees equity compensation management and executive services.

Kevin Tompkins has re-joined as a senior cybersecurity specialist from Wells Fargo. JP Morgan is expanding its cyber advisory team to handle increasing cybersecurity concerns among wealthy individuals and family offices. The cyber advisory team is led by Ileana van der Linde.

Christie Houlihan has joined as a senior family office advisor from EY, specializing in family office design and succession planning. She will work with Elisa Shevlin Rizzo, head of family advisory.

BJ Goergen is global head of private advisory at JP Morgan Private Bank. 

JP Morgan said the growth of the family office practice – covering more than 150 professionals, including more than 40 partner-level tax and estate attorneys – is part of an expansion headed by William Sinclair. He is head of the US family office practice and family institutions group, and works alongside Jamie Lavin Buzzard, who heads family office investments and advice.

"The growth of Morgan Private Advisory is a pivotal step in advancing our ambitious strategy to be the global leader in family office services and advice," said Sinclair. "By expanding our team with top-tier talent, we are reinforcing our commitment to delivering unparalleled and innovative strategies to help clients be stewards of their capital for generations to come."