JPMorgan cuts ties with proxy advisers, to replace with in-house AI, WSJ reports

3 days ago 4

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Thu, January 8, 2026 astatine 7:01 AM CST 1 min read

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JPMorgan (JPM) Chase’s asset-management unit, among the world’s largest concern firms with much than $7 trillion successful lawsuit assets, is cutting each ties with proxy-advisory firms effectual instantly and volition commencement utilizing an interior artificial-intelligence-powered level it is calling Proxy IQ to assistance connected U.S. institution votes this coming proxy season, according to a memo seen by The Wall Street Journal.

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