JPMorgan has accused a former adviser of trying to poach a $250 million investment book. The firm claims that the ex-adviser is attempting to lure clients away with promises of better services and higher returns. This move has sparked concerns about the impact on client relationships and the potential loss of business for JPMorgan.

Source: https://www.bloomberg.com/news/articles/2024-10-22/jpmorgan-accuses-ex-adviser-of-trying-to-poach-250-million-book