
Stephen MolaskyStephen MolaskyManaging Director
About Stephen
Stephen Molasky is a Managing Director and Wealth Advisor with J.P. Morgan Wealth Management. As a member of the J.P. Morgan Portfolio Manager Program, he is one of an exclusive group of advisors who have passed a rigorous screening process to manage discretionary assets, and are subject to ongoing qualitative and quantitative reviews. Steve has more than three decades of financial industry experience, and offers equity strategies and portfolio management services to high-net-worth individuals, the forgotten hard-working middle class, business owners and retirees.
Steve has a keen interest in the stock market with a primary focus on risk management and preservation of capital. Using a quantitative and methodical approach that combines top-down and bottom-up analysis, he identifies sectors and industries that he believes have the potential for growth. Steve overlays both J.P. Morgan and external research to select individual companies that may present attractive investment opportunities.
Steve's process is thorough and extensive; he buys positions gradually, rather than all at once, helping to further reduce risk. Using technical analysis to supplement his fundamental research, he is able to build and manage portfolios of 50–120 positions. Investments are subject to constant monitoring for inputs such as changes in volume and earnings growth. These insights are employed to fine-tune portfolios on a daily basis. In addition, during periods of higher than usual market volatility, he may decide to allocate a portion of the portfolio to cash or income-oriented vehicles, including real estate investment trusts, where Steve has particular knowledge and experience.
Before joining J.P. Morgan from Bear Stearns in 2008, Steve was at several prominent financial firms, including UBS, Salomon Smith Barney, Alex Brown, and Montgomery Securities. He began his career in financial services at The Chicago Corporation in 1982. His professional experience also includes real estate project development, including the Hyatt Woodfield Hotel in suburban Chicago.
Steve graduated from Princeton University with a B.A. in Slavic Languages and Literature, and earned a master's degree in Psychology at Antioch University. He co-chaired the Capital Campaign for Chicago's Akiba Schecter Jewish Day School when his two youngest children were students. When not studying the markets, he enjoys literature, snorkeling, body surfing, and attending Vietnam Veteran and Princeton alumni events.
Insights

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June 23, 2022We think so. But acknowledging risks and making a few portfolio tune-ups may help you manage whatever comes.Read Now
Vacation scams? A few simple actions can help protect you
June 23, 2022Criminals target people on the move—and more of us are, now that pandemic restrictions have lifted in many parts of the world.Read Now
Can today’s market volatility be turned into tax benefits?
June 22, 2022Tax loss harvesting can help enhance investors' after-tax returnsRead Now
Help your children make a great plan for their lives
June 22, 2022See our tips for speaking with—and empowering—adult children and grandchildrenRead Now
The Fed seems clear: Control inflation at the expense of growth
June 16, 2022Following the largest rate hike since 1994, we share five observations on a critical week for markets.Read Now
Are consumers in for a long, hot and expensive summer?
June 9, 2022U.S. retail gas prices are at all-time highs – with no ceiling in sight.Read Now
Could inflation finally be peaking?
May 25, 2022We unpack where things stand with inflation, our view, and what to do about it.Read Now
For you, is it a "great resignation" or just a "great reset"?
May 23, 2022If you’re thinking of a big change, ask us to analyze all your possibilities. Our insights may liberate, surprise and reinvigorate you.Read Now
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May 22, 2022Are you doing all you can to save on U.S. taxes?Read Now