Markets and Economy
Meet You InvestSM: A New Way to Trade Online Commission-Free
JPMorgan Chase Offers Easy-to-use Tools for Investors to Get and Stay Invested
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 trading1. 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.2 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.3
“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 You Invest website. Margin, options and other capabilities for long-term investors will be available in 2019.
To learn more, please visit: http://www.youinvest.com.
1Upon opening an account, customers enjoy:
- 100 commission-free online stock and ETF trades for one year
- 100 commission-free online stock and ETF trades per year for Premier Plus Banking customers
- All stock and ETF trades thereafter priced at $2.95
- Unlimited commission-free online stock and ETF trades for Sapphire Banking, Chase Private Client, J.P. Morgan Private Bank, and J.P. Morgan Securities customers
- Mutual funds available with no commissions or transaction fees and do not count against free trades
- Online fixed income trading available at competitive rates
- Regulatory transaction fees may apply
2JPMorgan Chase Annual Report 2017 (https://reports.jpmorganchase.com/investor-relations/2017/ar-ceo-letter-gordon-smith.htm)
3Ranked #1 in Institutional Investor All-America Research Survey