JPMorgan Worldwide Securities Services announced Monday that it has been tapped by the UJA-Federation to handle custody and accounting services for the federation’s $800 million pooled investment account.
JPMorgan also works with UJA-Federation of New York to provide treasury and trustee services to its retirement plan.
“We chose JPMorgan Worldwide Securities Services because of our long standing relationship with the firm, the high level of quality service they have delivered over the years, and the overall efficiencies to be realized” says Lawrence Swilling, controller, UJA-Federation of New York. “JPMorgan’s deep knowledge of the financial services industry, experience with endowments and foundations, and wide range of services, made them a perfect fit for our organization.”