JPMorgan Chase & Co acquired OpenInvest, a transaction announced in June 2021.
OpenInvest operates in Wealth technology / ESG investing, is based in San Francisco, California, USA. JPMorgan Chase agreed to acquire OpenInvest, a financial-technology company that helps advisers build, customize and report on values-based and ESG investment portfolios. Founded in 2015, OpenInvest was integrated into JPMorgan's Private Bank and Wealth Management offerings while retaining its brand.
Add customization and ESG-reporting tools to the firm's wealth-management platform.
Private Bank / Wealth Management
Advisory firms were not disclosed for this transaction.