If you had to pick a financial firm based on their name and what you have heard would you pick(see additional)

Question

AXA Financial
John Hancock
JPMorgan Chase?

If you you were called by a financial advisor by all three firms, which would you most likely pick based on the companys reputation and what you know about the firm?

Answer 1

100%, without a doubt, JPMorgan. AXA is first and foremost an insurance company and from my experience companies who branched out into Fiancial Advising are usually sub-par at it. I don't know much about Hancock. JPM has far more resources, beter research and are a much bigger market player.

Although, when it comes to Financial Advisors it's personality/ability not firm. They will all have access to the same types of products and services. Look at their qualifications. If you are looking for a financial planner (someone to look at all your finances, not just investments) look for a CFP designation, it shows they took the time to understand their trade.

My advice, go with who you feel comfortable with and ALWAYS take the time to think your decisions through.

Good Luck.

Answer 2

I know little about any of those firms, but just from name familiarity, I'd pick JP Morgan Chase.