Awards and Industry Recognition

Forbes

Top Wealth Advisors Best-In-State
2023

About Ray

Ray Powers is an Executive Director and Wealth Partner at J.P. Morgan Wealth Management.

Ray's holistic approach delivers comprehensive, customized wealth planning strategies to high-net-worth individuals and their families. Drawing on his extensive capital markets background, he synthesizes the complexities of the financial landscape to offer tailored recommendations that align with their needs.

Ray's advisory services are geared toward his clients' aspirations and management on both sides of their balance sheets. He believes that just as most companies have a CFO to oversee their corporate financial affairs, his role as a Wealth Partner is equally important to the families that he serves.

As a member of the J.P. Morgan Wealth Management Portfolio Manager Program, Ray is one of a select group of advisors who undergo a screening process to manage discretionary client portfolios and are subject to ongoing quantitative and qualitative reviews to assess each advisor's investment strategy.

Ray holds the Accredited Investment Fiduciary® (AIF) designation, demonstrating his knowledge of and ability to apply fiduciary practices in managing corporate 401(k) retirement plans. He advises companies on establishing these plans, helping them adhere to their guidelines and uphold their fiduciary responsibilities.

With more than 25 years of wealth management experience, Ray began his career at Merrill Lynch, working with high- and ultra-high-net-worth clients. He joined J.P. Morgan in 2019 to provide his clients with the hands-on responsiveness of a boutique coupled with the global strength of a renowned financial institution.

A graduate of St. John's University, Ray earned a B.S. in Business Management. He grew up in Astoria, Queens, and is married to his high-school sweetheart, Tania. They are the parents of two children: Alexa, a junior at Penn State, and Anthony, who plays varsity baseball and soccer.

As the son of an American Veteran, Ray has been a lifelong advocate for veterans' organizations to which he lends his time and support. He is devoted to his community and is a member of the Knights of Columbus and an active participant in UNICO National, an Italian-American philanthropic organization whose motto is "Service Above Self." To bring this philosophy to life, he founded The Powers Family Foundation to contribute to causes that he finds personally meaningful.

In his free time, Ray enjoys playing golf and spends most Sundays with fellow exotic car enthusiasts.

Chartered Retirement Planning CounselorSM or CRPC® are registered trademarks owned by the College for Financial Planning and may not be used without the express written consent of the College. AIF: Fi360 Inc. owns and awards the certification marks "AIF®" and "Accredited Investment Fiduciary®". Authorized users of the marks have successfully met requirements for initial certification and annual recertification.

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