Bigger and better: J.P. Morgan Private Bank greatly expands (and renovates) its office space in Summit

In a continuing effort to provide a perfect atmosphere for clients and employees, J.P. Morgan Private Bank recently expanded and renovated its office space in Summit.

The newly expanded 35K square-foot office space – nearly twice the size of its previous 20K square-foot footprint – is situated on the third floor at 25 Deforest Avenue. It features a state-of-the-art Client Center, a dedicated space is designed to host clients and their families for personal wealth discussions, curated events and business meetings.

The newly redesigned area, which opened in September, also better serves the needs of the team, which has doubled in size the past year.

Alma DeMetropolis, the New Jersey Market Manager for J.P. Morgan Private Bank, said the new space already is having great impact.

“As we continue to expand our team to meet the evolving needs of our clients, this state-of-the-art facility will enable us to foster deeper relationships and deliver tailored financial solutions,” she said. “We are excited to welcome our clients into this modern, collaborative environment where we can work together to achieve their financial goals for generations to come.”

DeMetropolis oversees the day-to-day operations of the firm’s high-end wealth management division, leading a team of local bankers, wealth strategists, and financial specialists. The team provides comprehensive guidance across investing, philanthropy, family office management, credit, fiduciary services, advisory services and more.

DeMetropolis leads a team of more than 90 advisors and support staff across the region, managing more than $72 billion in client assets. They will now do so in a new office design reflects the unique lifestyle of the New Jersey area, incorporating art and architectural detail that reflects the region’s rich heritage.

“New Jersey is a diverse and vibrant state with tremendous opportunities for growth,” she said. “Our new office space is a testament to our commitment to providing unparalleled service to our clients.”