Joseph P. LallyJoseph P. LallyManaging DirectorWealth Partner
Awards and Industry Recognition
Forbes
About Joseph
Joe is a Managing Director and Wealth Partner at J.P. Morgan Wealth Management.
As a co-founder of The Barnes Chung Lally Group, Joe serves as the team's portfolio manager, a responsibility that he shares with his father, J. Joseph Lally. Joe oversees the team's core equity growth portfolio—a proprietary investment program with a long-term track record. He also directs the team's trading and execution, including any investments that lie outside the core equity portfolio. With more than three decades of investment experience, Joe offers the knowledge and technical insight to support clients' investment objectives.
Highly selective in his methodology, Joe seeks to identify a group of companies that can grow and maintain that growth over a period of years—typically, a 3-to-5-year horizon. To advance this goal, he spends significant time in research and analysis, winnowing a large field of potential investments into a high-conviction core. Joe believes that his success derives in part from his ability to examine a company's fundamentals, "breaking down what makes a company tick." He offers a tax-sensitive perspective that incorporates a client's risk parameters and liquidity constraints. A disciplined long-term investor, Joe is proud to have contributed to clients' abilities to pursue their goals more effectively through the team's investment offerings.
Prior to moving to J.P. Morgan Wealth Management with his team in 2023, Joe spent four years with First Republic Private Wealth Management, where he was a Managing Director and Wealth Manager. Earlier, he was a Senior Vice President and Senior Portfolio Manager at UBS Financial Services, where he worked for more than 22 years. He began his investment career in 1996, after earning his B.S. in Finance and his B.A. in Economics from Boston College.
Within his community, Joe and his wife, Amy, are active in Corpus Christi Catholic Church in Pacific Palisades. They are proud of their three children, who keep them busy with their sports and activities. In his free hours, Joe likes to hike and ski.
Insights
Eye on the market: Cicadian rhythms
April 24, 2024The latest Eye on the Market relates the co-emergence of two batches of cicadas to the rare event of markets pricing in a U.S. disinflationary boom earlier this year.Read Now
Four reasons to consider private credit despite the headlines
April 23, 2024Some investors say direct lending has grown too fast or looks too risky. We think the asset class is still appealing.Read Now
4 key actions to consider for your portfolio for what’s to come this year
April 22, 2024A falling rate environment may present an opportune moment to consider moving away from cash.Read Now
Building financial awareness in children: Leverage the extraordinary power of life’s everyday moments
April 19, 2024There are many “teachable moments” buried in everyday decisions and activities that can help children develop financial awareness and a sense of responsibility. Read more about it.Read Now
Geopolitical unrest: Assessing market implications
April 19, 2024Some investors worry Middle East tensions could impact inflation, making it tricky for central banks. Top Market Takeaways digs into what we’re watching and what it could mean for investors.Read Now
Is it a golden era for gold?
April 19, 2024Understanding the factors driving the price of gold, and some of the reasons it could be effective in a portfolio construction.Read Now
What you need to know before buying a luxury home
April 18, 2024It’s no bubble. Luxury home prices are rising for good reasons – and you can still find good value.Read Now
3 ways to stay active while in retirement
April 16, 2024Staying active in retirement is important. Here’s how you can stay energized, put your expertise to use and keep your finances in check in retirement.Read Now
Quick Shot: Geopolitical unrest: Assessing market implications
April 16, 2024As tensions in the Middle East escalated this weekend, what does that mean for the economic and market landscape?Read NowEye on the market: Cicadian rhythms
April 24, 2024The latest Eye on the Market relates the co-emergence of two batches of cicadas to the rare event of markets pricing in a U.S. disinflationary boom earlier this year.Read NowFour reasons to consider private credit despite the headlines
April 23, 2024Some investors say direct lending has grown too fast or looks too risky. We think the asset class is still appealing.Read Now4 key actions to consider for your portfolio for what’s to come this year
April 22, 2024A falling rate environment may present an opportune moment to consider moving away from cash.Read NowBuilding financial awareness in children: Leverage the extraordinary power of life’s everyday moments
April 19, 2024There are many “teachable moments” buried in everyday decisions and activities that can help children develop financial awareness and a sense of responsibility. Read more about it.Read NowGeopolitical unrest: Assessing market implications
April 19, 2024Some investors worry Middle East tensions could impact inflation, making it tricky for central banks. Top Market Takeaways digs into what we’re watching and what it could mean for investors.Read NowIs it a golden era for gold?
April 19, 2024Understanding the factors driving the price of gold, and some of the reasons it could be effective in a portfolio construction.Read NowWhat you need to know before buying a luxury home
April 18, 2024It’s no bubble. Luxury home prices are rising for good reasons – and you can still find good value.Read Now3 ways to stay active while in retirement
April 16, 2024Staying active in retirement is important. Here’s how you can stay energized, put your expertise to use and keep your finances in check in retirement.Read NowQuick Shot: Geopolitical unrest: Assessing market implications
April 16, 2024As tensions in the Middle East escalated this weekend, what does that mean for the economic and market landscape?Read Now