J.P. Morgan announces new leader for its Utah Private Banking business
Salt Lake City — J.P. Morgan today announced that Kristin Schaefer has been appointed as the leader of its Private Banking business across Utah and Idaho. In her new role as Market Team Lead, Kristin, an Executive Director with the firm, will focus on growing the office’s client reach and impact across the region. Based in Salt Lake City, she will lead a team of local advisors that deliver guidance across investing, philanthropy, family office management, credit, fiduciary and advisory services. Kristin will report to Geoff Barker, J.P. Morgan Private Bank Market Manager for the Rockies Region.
“Kristin’s entrepreneurial mindset and strategic, big picture approach to her work makes her the ideal leader to drive the Private Bank’s business across Utah,” said Geoff. “Her depth of experience, the global power of J.P. Morgan and local expertise of the Private Bank team will deepen our commitment to the region and offer a wealth management platform not seen before in this market.”
Over a more than 20-year career, Kristin has worked with successful executives, business owners and some of Utah’s most influential families to support their total wealth plans and goals across pre- and post-transaction planning, investment management, banking, lending and philanthropy. As head of the Utah Private Bank, she will serve as a powerful gateway to deliver the firm’s global capabilities and address the complexities of significant assets.
Kristin joined the Firm in 2020 from Wells Fargo Private Bank, and has spent her career working in wealth management, commercial banking, global treasury management and international banking in markets across the U.S. Prior to moving to Utah in 2016, Kristin was a Global Banking Consultant with Wells Fargo in Palo Alto, CA where she advised on complex international transactions for high-growth and technology companies.
“I was thrilled to join J.P. Morgan and work for a firm with a strong culture rooted in diversity, one that brings innovative opportunities to clients,” said Kristin. “My passion and purpose is fostering connections, helping people achieve their most personal goals, and define their legacies. In this new role I look forward to growing those connections for our business and community across Utah.”
Committed to her local community, Kristin is on the Advisory Board Member of Women’s Leadership Institute, ACG Executive Committee, member of the Mountain West Capital Network, committee member of the Granite Education Foundation, and a senior founding member of 100 Women in Finance.
To learn more about Kristin Schaefer and the Private Bank in Salt Lake City, visit https://privatebank.jpmorgan.com/gl/en/locations/united-states/utah/salt-lake-city