Clients
J.P. Morgan Alternative Asset Management serves 329 clients, 51 of them high-net-worth individuals. The average client has about $90 million with the firm, and high-net-worth clients hold 3% of its $29.7 billion in assets.
- High-net-worth individuals51 clients3%
- Pooled investment vehicles30 clients34%
- Pension and profit-sharing plans12 clients5%
- Other investment advisers4 clients33%
- Insurance companies2 clients2%
- OtherSovereign wealth funds and foreign official institutions, Other, Charitable organizations, State or municipal government entities, Corporations and other businesses24%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 51 | $782,610,929 | 2.6% | $15.3M |
| Pooled investment vehicles | 30 | $10,007,057,094 | 33.7% | $333.6M |
| Pension and profit-sharing plans | 12 | $1,538,597,337 | 5.2% | $128.2M |
| Charitable organizations | 23 | $579,923,149 | 2.0% | $25.2M |
| State or municipal government entities | 1 | $96,401,642 | 0.3% | $96.4M |
| Other investment advisers | 4 | $9,729,125,015 | 32.7% | $2.43B |
| Insurance companies | 2 | $637,854,878 | 2.1% | $318.9M |
| Sovereign wealth funds and foreign official institutions | 3 | $1,896,861,601 | 6.4% | $632.3M |
| Corporations and other businesses | 4 | $72,017,602 | 0.2% | $18.0M |
| Other | 199 | $4,390,878,714 | 14.8% | $22.1M |
| Total | 329 | $29,731,327,961 | 100% | $90.4M |
- Clients
- 51
- Regulatory AUM
- $782,610,929
- Share
- 2.6%
- Avg. per client
- $15.3M
- Clients
- 30
- Regulatory AUM
- $10,007,057,094
- Share
- 33.7%
- Avg. per client
- $333.6M
- Clients
- 12
- Regulatory AUM
- $1,538,597,337
- Share
- 5.2%
- Avg. per client
- $128.2M
- Clients
- 23
- Regulatory AUM
- $579,923,149
- Share
- 2.0%
- Avg. per client
- $25.2M
- Clients
- 1
- Regulatory AUM
- $96,401,642
- Share
- 0.3%
- Avg. per client
- $96.4M
- Clients
- 4
- Regulatory AUM
- $9,729,125,015
- Share
- 32.7%
- Avg. per client
- $2.43B
- Clients
- 2
- Regulatory AUM
- $637,854,878
- Share
- 2.1%
- Avg. per client
- $318.9M
- Clients
- 3
- Regulatory AUM
- $1,896,861,601
- Share
- 6.4%
- Avg. per client
- $632.3M
- Clients
- 4
- Regulatory AUM
- $72,017,602
- Share
- 0.2%
- Avg. per client
- $18.0M
- Clients
- 199
- Regulatory AUM
- $4,390,878,714
- Share
- 14.8%
- Avg. per client
- $22.1M
Total
- Clients
- 329
- Regulatory AUM
- $29,731,327,961
- Share
- 100%
- Avg. per client
- $90.4M
What it does
J.P. Morgan Alternative Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities. It is paid through a percentage of assets and performance-based fees.
J.P. Morgan Alternative Asset Management advises 15 private funds.
61.3% of assets ($18.24B across 270 accounts) are managed with discretion; $11.50B across 105 accounts are not. 61% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds98%
- Cash1%
- Other1%
- Receivables and pre-paid assets1%
Custodians
J.P. Morgan Alternative Asset Management’s client accounts are held mainly at J.P. Morgan, with 24% of managed assets, and Northern Trust, with 19%. J.P. Morgan Alternative Asset Management has custody of client assets.
- J.P. MorganJ.P. Morgan (suisse) Sa · Geneva · $2.92B10%
- J.P. MorganJpmorgan Chase Bank, National Association · Columbus, OH · $7.04B24%
- Northern TrustNorthern Trust Corporation · Chicago, IL · $5.70B19%
- J.P. MorganJ.P. Morgan Se · Frankfurt Am Main · $3.22B11%
- All other custodians$10.85B36%
Ownership and leadership
Jpmorgan Asset Management Holdings Inc. owns 75% or more of J.P. Morgan Alternative Asset Management.
- Owns 75% or more of J.P. Morgan Alternative Asset Management, Inc.
Jpmorgan Asset Management Holdings Inc.
Control person · since January 2006
- Owns 75% or more of Jpmorgan Asset Management Holdings Inc.
Jpmorgan Chase Holdings LLC
Control person · since April 2017
- Owns 75% or more of Jpmorgan Chase Holdings LLC
Jpmorgan Chase & Co.
Control person · since April 2017
Leadership
- Thomas DivuoloChief Financial Officer/Managing Director/Chief Administrative Officer
- Dong ShonChief Compliance Officer
- Brian BurkeDirector
- Brandon RobinsonDirector
- Randy WachtelDirector
- Paul ZummoChief Investment Officer/Director
Staff
- 86 employees
- 26 in advisory functions
- 15 broker-dealer reps
Fees
J.P. Morgan Alternative Asset Management is paid through a percentage of assets under management and performance-based fees.
J.P. Morgan Alternative Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, J.P. Morgan Alternative Asset Management has 2 offices, with 3 listed addresses across 2 states.
New York · 2 listed addresses
- 270 Park Avenue, New YorkHQ
- 390 Madison Avenue, New York
California · 1 listed address
- 2029 Century Park E, Los Angeles
Other business names
J.P. Morgan Alternative Asset Management has reported 1 other business name to the SEC.
- J.P. Morgan Alternative Asset Management, Inc. Hedge Fund Solutions
Registration details
- Legal name
- J.P. Morgan Alternative Asset Management, Inc.
- Headquarters
- 270 Park Avenue, New York, NY 10017-2014
- Phone
- 800-343-1113
- Website
- Not reported
- SEC file
- 801-38319
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does J.P. Morgan Alternative Asset Management have?
J.P. Morgan Alternative Asset Management has 329 clients and manages $29.7 billion for them, as of July 2026. They include 199 other clients, 51 high-net-worth individuals and 30 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 July 2026
What services does J.P. Morgan Alternative Asset Management offer?
J.P. Morgan Alternative Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does J.P. Morgan Alternative Asset Management use?
J.P. Morgan Alternative Asset Management’s separately managed account assets are held at Jpmorgan Chase Bank, National Association (Columbus, OH), with $7,040,818,417, Northern Trust Corporation (Chicago, IL), with $5,704,351,852, J.P. Morgan Se (Frankfurt Am Main), with $3,221,054,214 and J.P. Morgan (suisse) Sa (Geneva), with $2,915,589,483. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 July 2026
How many financial advisors does J.P. Morgan Alternative Asset Management have?
J.P. Morgan Alternative Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 86 employees, and 26 perform investment advisory functions. 15 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does J.P. Morgan Alternative Asset Management invest in?
At the end of its last fiscal year, J.P. Morgan Alternative Asset Management’s separately managed accounts held 98% pooled vehicles (private funds and similar), 1% cash and equivalents and 1% receivables and pre-paid assets. It advises 15 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns J.P. Morgan Alternative Asset Management?
J.P. Morgan Alternative Asset Management is owned through a chain of holding companies by Jpmorgan Chase & Co. Its direct owner is Jpmorgan Asset Management Holdings Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 July 2026
How does J.P. Morgan Alternative Asset Management get paid?
J.P. Morgan Alternative Asset Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file