JPMorgan Chase’s growth strategy falls in line with a statement CEO Jamie Dimon made at the bank’s 2020 annual investor meeting that it would be “much more aggressive with acquisitions across the board.”
OpenInvest was founded in 2015 and has been backed by capital from Andreessen Horowitz, Y Combinator, QED and others.
“Clients are increasingly focused on understanding the environmental, social, and governance [ESG] impact of their portfolios and using that information to make investment decisions that better align with their goals,” Mary Callahan Erdoes, CEO of the JPMorgan Chase’s asset and wealth management division, said in a statement.