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OK so now youve been at JP Morgan for about 25 years. Yes. So and now you run one of the most important parts of JP Morgan which as I say is the asset and wealth management business for people that arent that familiar with wealth management. What actually is wealth management and how is that different than asset management. Great question. The two are often used interchangeably. But but but there they have distinctions. Asset management business is where we manage money on behalf of individuals institutions sovereign wealth funds pension funds. We manage them in mutual funds. We manage them an ETF. We manage them in single stock single bonds hedge funds private equity and the like. And that is the heart of the fiduciary business that we run here at JP Morgan. Wealth management is that plus understanding someones entire balance sheet. So for the individuals where we manage money we also help them with their mortgage. We help them with a loan that they might need. We help them with th
