Phil ScottPhil ScottManaging DirectorWealth Partner
Awards and Industry Recognition
Forbes
Barron's
About Phil
Phil Scott is a Managing Director and Wealth Partner at J.P. Morgan Wealth Management.
Phil is the recipient of numerous national accolades, and has worked with ultra-affluent clients throughout his career to help them deploy, grow, steward and transfer their wealth effectively. With more than three decades of direct wealth management and investing experience, Phil advises business owners, senior executives, entrepreneurs and multi-generational families about the opportunities and challenges that significant wealth can entail.
Closely attuned to the capital markets, Phil is a member of the J.P. Morgan Wealth Management Portfolio Manager Program, one of a select group of advisors who undergo a screening process to manage discretionary portfolios, and are subject to ongoing quantitative and qualitative reviews to assess each advisor's investment strategy. His areas of focus include market evaluation and outlook, risk assessment, asset allocation, portfolio design and security selection. He customizes clients' investment offerings to reflect their preferences, time horizons and priorities, including future cash-flow needs, wealth transfer objectives and tax implications.
Phil joined J.P. Morgan Wealth Management in 2023. Previously, he was a Managing Director with First Republic Private Wealth Management—a role he held since 2020. His career also includes many years with Merrill Lynch Wealth Management, where he was a Wealth Management Advisor and Managing Director.
Phil's extended tenure in wealth management is paralleled by that of his team members, many of whom have collaborated for more than 25 years. He believes that continuity and consistency are the key underpinnings of an exceptional client experience, and is proud to lead a close-knit team with an ingrained culture of diligence and care, emblematic of the group's desire to exceed expectations.
Phil is a graduate of the U.S. Naval Academy, where he earned degrees in International Relations and General Engineering.
Active in philanthropic causes, Phil supports a number of organizations, including Row to the Future, Erg Ed, Pocock Crew, Children's Hospital, Pacific Northwest Ballet, Robin Hood Foundation, The Everglades Foundation and Washington Policy Center.
Phil and his wife, Lesli, enjoy spending time with their three children.
Insights
Insight 7: Develop a capable and committed rising generation
August 5, 2025Members of the younger generation are the future stewards of the family enterprise, so it is important to invest time and resources in cultivating their interests and skills.Read Now
July Jobs report highlights US job growth has slowed significantly; markets react negatively
August 4, 2025Job growth slowed in July with only 73,000 new jobs added and earlier months revised sharply lower, showing the labor market has weakened.Read Now
Differentiating large from small: Firm size and exposure to trade tensions
August 1, 2025With tariffs likely to settle at elevated rates, we explore how company size may shape the impactRead Now
July 2025 Fed meeting: Rates hold steady once again, potentially setting up fall intrigue
July 31, 2025The Federal Reserve held rates steady once again in July, but the decision wasn’t unanimous. What could that mean for economic policy going forward?Read Now
Insight 1: Build and sustain a “great” extended family
July 30, 2025Investing in family development can have a long-lasting impact on your family’s wealth and legacy of values and traditions.Read Now
Defying the tariff drag: 3 reasons markets are moving forward
July 25, 2025The risks are real, but so is resilience. Here’s why fears about trade and policy setbacks are fading.Read Now
Capitalizing on the tax-deferral advantage of a variable annuity
July 24, 2025A variable annuity is a tax-deferred retirement product that accumulates funds or distributes income based on the performance of the underlying investment options chosen by the contract owner. Read why this can be especially beneficial for individuals in a high tax bracket.Read Now
How to use life insurance as a financial asset
July 23, 2025Yes, life insurance can offer a benefit to loved ones when you pass, but it can also be a financial asset during your life. Learn how it works.Read Now
How much of your portfolio should be in non-U.S. stocks?
July 22, 2025Explore why it may be beneficial to consider adding non‑U.S. equities by examining valuation shifts, volatility patterns and long‑term return potential.Read NowInsight 7: Develop a capable and committed rising generation
August 5, 2025Members of the younger generation are the future stewards of the family enterprise, so it is important to invest time and resources in cultivating their interests and skills.Read NowJuly Jobs report highlights US job growth has slowed significantly; markets react negatively
August 4, 2025Job growth slowed in July with only 73,000 new jobs added and earlier months revised sharply lower, showing the labor market has weakened.Read NowDifferentiating large from small: Firm size and exposure to trade tensions
August 1, 2025With tariffs likely to settle at elevated rates, we explore how company size may shape the impactRead NowJuly 2025 Fed meeting: Rates hold steady once again, potentially setting up fall intrigue
July 31, 2025The Federal Reserve held rates steady once again in July, but the decision wasn’t unanimous. What could that mean for economic policy going forward?Read NowInsight 1: Build and sustain a “great” extended family
July 30, 2025Investing in family development can have a long-lasting impact on your family’s wealth and legacy of values and traditions.Read NowDefying the tariff drag: 3 reasons markets are moving forward
July 25, 2025The risks are real, but so is resilience. Here’s why fears about trade and policy setbacks are fading.Read NowCapitalizing on the tax-deferral advantage of a variable annuity
July 24, 2025A variable annuity is a tax-deferred retirement product that accumulates funds or distributes income based on the performance of the underlying investment options chosen by the contract owner. Read why this can be especially beneficial for individuals in a high tax bracket.Read NowHow to use life insurance as a financial asset
July 23, 2025Yes, life insurance can offer a benefit to loved ones when you pass, but it can also be a financial asset during your life. Learn how it works.Read NowHow much of your portfolio should be in non-U.S. stocks?
July 22, 2025Explore why it may be beneficial to consider adding non‑U.S. equities by examining valuation shifts, volatility patterns and long‑term return potential.Read Now