I’ve got CPC and honestly I think it’s completely useless. I have some investments in a Chase account, which is what’s qualifying me for the CPC, but none of the benefits are really useful for me. I would definitely not recommend moving 150k+ into a Chase account just to have access to private client.

@AdamIMobFlores

2 жыл бұрын

I have a business account that needs to maintain reserves so it makes sense if you need to keep cash liquid everything else should go in investments.

@V3NOMXIII

Жыл бұрын

It comes down to having a competent team. You get to match APR for mortgage plus discounts, criss crossing benefits to your business, exclusive access to principal guaranteed investment vehicles (paying above 3% APY right now), virtually zero fees and zero need to micromanage. You need a new team.

Great post! This will be handy when I win the lottery 😬!!!! Seriously though ... these are great perks, and for them to go above and beyond is really nice 👍

Good info your channel definitely deserves 1 million subs... keep working 💪🏻💪🏻

I really appreciate this! Your channel deserves to be at 100k + subs 🔥

this was a cool video, I appreciate the feedback experience you encountered. Good info, subbed and liked.

Pretty cool. i was a Citi Gold member for awhile which is their version of the chase private client. I liked it alot, but then they removed all of their physical branches out of texas. I might consider chase in the future.

@lovellesokan9107

Жыл бұрын

You may want citigold and add their Dubia location to your profile. I currently have the Dubai sent to me by ccitigold through a promotion.

Exceptional Content thank you for sharing your experiences. Much more success to you and yours

Great video! Solid stuff sir. Ill follow

Dude, the image of the guy trying to "wire someone money" was hilarious. Looked more like a member of Anonymous trying to take Chase down. LOL

I interviewed them a couple years ago and they make their money off the I vestment fees. No way I'll let them take a cut out of my investments while they underperform my own buy and hold strategy.

@yahirlozano8029

Жыл бұрын

ooo what are you holding atm?

@1pwNz0mb13Z

Жыл бұрын

@@yahirlozano8029 Just a simple holding of the SP500 (VOO), International (VEA), and Emerging Markets (IEMG) in low cost ETFs would greatly outperform what they offered.

Great info. Now I understand what it means to be a CPC. Thanks.

@TheGovernment

Жыл бұрын

So where you taking me to dinner babe??

Thank u very much

Just found your video's welcome to Texas

you can also just pay 35 a month

@themeta1203

2 жыл бұрын

I'm trying to decide if it's worth it because having a dedicated team to second-look my money is something I'm really looking for. I'm in my younger 20s and for $35 a month to get that access sounds very intriguing.

@nickimillennium

7 ай бұрын

OK so I’m not crazy? People make it seem like it is such a big deal that if I don’t deposit $150K into the account I have to pay $35 a month. OK and? I try it for a few months, decide if I like it, if I don’t, I downgrade the account. Like bro I’m spending hundreds on Uber every month I don’t care about $35😂

Hook, line and sinker.

"After listening to feedback to meet our clients' needs, we'll no longer offer the Chase Private Client Arts & Culture program after June 30, 2021. After that date, your Arts & Culture card will no longer be accepted at partner institutions. Your current Arts & Culture card will continue to be accepted until June 30, so you don't need to request a new card." Welp...

@stackinpaper

2 жыл бұрын

That was a great perk. I have joint accounts with my daughter and she enjoyed bringing her friends to the zoo and Exploratorium. Wish they kept the program.

@jaycee795

2 жыл бұрын

Bummer.

I'm a private client , at your actual branch they treat you nice at any other branch your treated the same as anyone else and borderline nice I would say ! When you take money out as I have to buy a home all of a sudden I've noticed I'm treated different even at my own branch so my money has lessened and do had they're politeness in a way and they no longer want to help you out answer specific questions because you've got a lower plateau because you've taken money out , to add I haven't used credit because I have Cash and I couldn't even get at Costco credit card because I haven't used credit my credit score is low , had 800+ before perfect now 580 from noon use so people use credit.

@thepd7

2 жыл бұрын

Wayne, 800+ to 580 is crazy - I'm betting you have fraud or some non-payment somewhere. You should triple check this!

I switched to UBS

Been a CPC client for 3 years, it’s not special or anything like that..

@TheGovernment

Жыл бұрын

Cashapp ya boi maybe? It's rough out here

@oztsvi9850

Жыл бұрын

@@TheGovernment lol

Is that your real head?

Dude you're freaking me out. I'm a young business owner, we are moving to Texas, my wife is going into real estate when we get to Texas. Are you me? Am I you?

@AdamIMobFlores

3 жыл бұрын

Dude that’s awesome!! What are the chances.haha @grant&ally

@grantellis8464

3 жыл бұрын

@@AdamIMobFlores went through your channel and I love your content. You've got yourself a new subscriber. Looking forward to seeing the channel grow. Good luck with the move!

I’d do Swab…

I just finished watching another video where they basically said Private Client has close to no value, but you say it's the best thing since sliced bread. Whatever... :/

@nondescriptnyc

3 жыл бұрын

I speak as a current CPC customer. If you have the knowledge, skills and time to manage your own money, CPC is NOT a good option because each product contained in the program is mediocre at best. After a few years of handling 401(k)s, IRAs, mutual funds, credit cards, bank accounts, stocks, bonds, etc. on my own with multiple vendors-so I could get the maximum benefit while keeping the cost low, I realized my time is worth way more than dealing with individual vendors. Also, I simply didn’t have the time to keep myself informed of the current trends, either, and make informed decisions. So, having all of these products in ONE place with one assigned banker and one investment advisor is a gift from god. They will handle everything for me, and I am saving SO MUCH of my time. It is all worth it. With this said, if I were a bit younger and had more free time, then I would definitely not be going for CPC.

@thepd7

2 жыл бұрын

As with everything, depends on what you value. I love the more personal touch and some of the random little things like being able to mobile deposit a $10k check (my limit was $5k before) actually mean a lot to me. For someone doesn't deal with >$5k checks regularly (I do for my business) then that's zero value to them. There are a lot of little things like that which add up for me and seems like the OP as well. I don't buy into the cool events and stuff like that since 99% of people won't live where those are happening. Also note that OP said in comments he has to hold balances for his business - right now my business stuff is not with Chase but I see value in Private Client for moving those accounts to Chase. I think the truth is somewhere in between - I've had it 3 months or so and I'm enjoying it but if someone doesn't already have or want a significant relationship with Chase it may not make sense.

I'm sold 🤔

Your not into beating the market average by 50% We have seen a roaring bull market nearly our whole lives One day that will change Bruh find me any banker that actually understands investing that pulls in 15% year after year so I can give them every single penny I have and all the rest to come You act like 5% is anywhere close to 15% $150,000 at 5% for 30 years is $648,000 $150,000 at 15% for years is $9,931,000 The 72% yr over yr I made and the probably even larger return you have owning a business is not going to last forever

@AdamIMobFlores

3 жыл бұрын

Not sure where you got this info but they had returns of over 50% last year in their tech fund. Just depends on your risk tolerance.

Not me looking at my poor 2k dollars and thinking I could be a private client lmao

Does being a CPC mean that you can get the JP Morgan Reserve Visa or not?

@patrickli804

2 жыл бұрын

no

Okay. But for him to offer u a date u must be in 8 figures

If i was the bank i would push so hard for access to minimum wage private clients to catch all the simps

You “guess” that’s what they are doing? They are lending your money out at like 10x. You doing them a favor

The question is ... Does the private client remain in the public jurisdiction?

This is bad advice. CPC is NOT worth it... Perks don't add up to more than what you're losing on interest , if you placed your $150k into a high yield savings , or T-bill @ 3- 4.5 %

@nickimillennium

7 ай бұрын

Exactly, I feel like if you’re hell-bent on having this account then you’re better off just paying $35 a month but keeping your money elsewhere

Naw.

Hardly compelling reasons.

No they don't help you like this guy is saying once I went below 600k I'm treated different and their demeanor towards me is very different now and there goal now is to get you in an out not very helpful anymore

Seems scammy

Private client advisor is useless job to be honest. I have investment in Stock market and I had never get valuable advice which would benefit me good in the end

This is total BS. I can guarantee this guy is either getting paid for this or he works for Chase. I'm a chase private client member. The monthly management fee is way too high. Don't believe a damn thing he said. 👎👎👎

@nondescriptnyc

3 жыл бұрын

I am a CPC customer, too, but what monthly management fees are you paying? I pay nothing, and I have never paid any fees, ever. Maybe you fell below the $150k minimum threshold, in which case it really isn’t CPC’s fault that the monthly fee is being imposed on your account… If you are talking about investment products, then you ARE free to pick no-load products with low operational cost. It doesn’t have to cost you anything at all.

@zachvan13

3 жыл бұрын

Theirs multiple different investing account types. Each has different fees. The two I have tried (Self and robo) were both very reasonable. Considering the robo refunded the etf fees.

@stackinpaper

2 жыл бұрын

@@nondescriptnyc Yeah the private financial advisor got him into products with high commission rates. Believe me they are looking out for their own well being. Its his job to make as much as he can to finance his own lifestyle.

@nondescriptnyc

2 жыл бұрын

@@stackinpaper Ohhhh, we are talking about the JP Morgan’s fees-and not Chase fees!!! Sorry for the confusion. Sure, yes, they DO tend to discourage you from buying no-load mutual funds, index funds, etc. etc., but I told mine that I was taking my money elsewhere if she continued to push high-fee products. JP Morgan products are mediocre at best, too, so I had to tell her I wanted to stay away from JP Morgan’s own funds.

Sitting $150k anywhere is losing !! Let alone for perks !

@glorialove7467

Жыл бұрын

Your income can be in any kind of account, investment accounts as well.

@Sylvan_dB

Жыл бұрын

@@glorialove7467 Not the self-directed investing account according to the terms and conditions for years now. It must be a JPM managed investment account or personal checking or savings account (business accounts are excluded). Figure out what that will cost you just in fees and if you are happy to pay that then more power to you. They've been soliciting me for CPC for over 10 years and I just received a $3000 bonus offer yesterday, read the terms and tossed it.

I really appreciate this! Your channel deserves to be at 100k + subs 🔥

@AdamIMobFlores

2 жыл бұрын

Wow thanks!! Means a lot!!

I really appreciate this! Your channel deserves to be at 100k + subs 🔥