August 29, 2018 (NEW YORK, NY) – JPMorgan Chase today announced the launch of You Invest, a new U.S. digital investment platform offering all customers 100 commission-free online stock and ETF trades and the opportunity to earn unlimited commission-free trading . Starting today, You Invest is available within the Chase and J.P. Morgan mobile apps and websites, including Chase.com, the most visited banking portal in the U.S. You Invest makes it easy for both new and experienced investors to get and stay invested.
“Half of U.S. households save, spend or borrow with Chase today,” said Jed Laskowitz, CEO of You Invest. “You Invest will now give millions of existing and new customers the ability to invest with us – all within the same mobile experience they know and love.”
You Invest is helping eliminate barriers to investing by offering $0 account minimums, $0 minimums on J.P. Morgan funds and hundreds of others, and commission-free online stock and ETF trading. The number of available free trades increases based on a customer's Chase relationship, from 100 free trades every year for Premier Plus Banking, to unlimited free trades for Sapphire Banking and Chase Private Client.
You Invest offers tools that make it easy for investors to get started and make smarter decisions. Customers can open an account in three minutes and transfer funds between their Chase accounts in real-time. A Portfolio Builder tool assesses an investor’s risk tolerance, and helps them design and invest a diversified portfolio of stocks and ETFs. Customers also have access to J.P. Morgan’s award-winning equity research, which covers over 1,200 U.S. companies.
“We designed You Invest for those who want help creating and implementing a long-term investment strategy,” said Kelli Keough, Global Head of Digital Wealth Management at JPMorgan Chase. “We’ve also upgraded the digital experience for customers who work with advisors, providing access to J.P. Morgan research, redesigned content and tools and enhanced mobile capabilities.”
“We want to help all of our customers make the most of their money – which is why we’re rewarding them for banking and investing with us,” said Laskowitz. “Customers will receive more value for doing more with us.”
You Invest will unveil its digital advice offering, You Invest Portfolios, in January 2019. A waitlist is available on the Chase.com website. Margin, options and other capabilities for long-term investors will be available in 2019.
To learn more, please visit: http://www.youinvest.com.
About Chase
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Chase serves nearly half of America’s households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,100 branches, 16,000 ATMs, mobile, online and by phone. For more information, go to Chase.com.