JPMorgan Chase (NYSE:JPM) has announced its decision to abandon reliance on third-party proxy advisory firms, opting instead for an in-house artificial intelligence solution. This development, detailed in an internal company memorandum and highlighted by The Wall Street Journal, underscores a growing dissatisfaction with the proxy advisory sector amid regulatory scrutiny.Proxy advisors, such as Institutional Shareholder Services (ISS) and Glass Lewis, have long played a pivotal role in guiding institutional ...

JPMorgan (JPM) Chase’s asset-management unit, among the world’s largest investment firms with more than $7 trillion in client assets, is cutting all ties with proxy-advisory firms effective immediately and will start using an internal artificial-intelligence-powered platform it is calling Proxy IQ to assist on U.S. company votes this coming proxy season, according to a memo seen by The Wall Street Journal. Claim 70% Off TipRanks Premium Published first on TheFly – the ultimate source for real-time, marke ...

Core Viewpoint - JPMorgan Chase's asset-management division has decided to end its relationship with proxy advisory firms and will now manage shareholder voting internally using AI technology, amid increasing regulatory scrutiny in the proxy advisory sector [1][3]. Group 1: Decision and Implementation - The decision to move away from external proxy advisers is effective immediately and reflects a shift towards internal management of shareholder voting [1]. - JPMorgan's asset-management unit, which oversees assets exceeding $7 trillion, will utilize an internally developed AI platform named Proxy IQ to manage and analyze voting at over 3,000 annual meetings [2]. Group 2: Industry Context - JPMorgan is the first major investment firm to completely eliminate the use of outside proxy advisers, which typically assist with research and logistical support for voting decisions [3]. - The firm had previously indicated a reduction in reliance on proxy advisers for recommendations but now intends to depend solely on its internal stewardship team and technology [3]. Group 3: Regulatory Environment - The proxy advisory sector is facing increased regulatory scrutiny, highlighted by a December executive order from the Trump administration calling for a review of proxy adviser practices [4]. - Following these regulatory developments, proxy advisory firms like Institutional Shareholder Services (ISS) and Glass Lewis have made statements regarding their roles, with ISS asserting that it does not determine corporate governance standards [5].

Core Viewpoint - JPMorgan Chase's asset-management division has decided to end its relationship with proxy advisory firms and will now manage shareholder voting internally using AI technology, amidst increasing regulatory scrutiny in the proxy advisory sector [1][3]. Group 1: Company Actions - The asset-management unit will utilize an internally developed AI platform named Proxy IQ to manage and analyze voting at over 3,000 annual meetings of US companies [2]. - JPMorgan is the first major investment firm to completely eliminate the use of external proxy advisers, opting to rely solely on its internal stewardship team and technology for voting decisions [3]. Group 2: Industry Context - Proxy advisory firms like Institutional Shareholder Services (ISS) and Glass Lewis assist investment institutions with proxy voting complexities [4]. - Recent regulatory developments have prompted ISS to clarify that it does not set corporate governance standards, allowing clients to retain full discretion over their decisions [5]. - Glass Lewis has announced plans to cease offering widely distributed benchmark recommendations by 2027, shifting focus to tailored advice for individual clients [5].

JPMorgan's asset and wealth management unit is dropping proxy advisors for shareholder voting in the US. In place of external human advisors, the bank is launching an in-house AI tool. The tool, named Proxy IQ, will cover all aspects of the voting process, according to an internal memo. JPMorgan's asset and wealth management division is ditching its long-held practice of using external proxy advisors for advice on shareholder voting decisions. The bank said it was "the first major investment firm ...

In a break that shapes the architecture of shareholder power, JPMorgan Asset Management, which manages more than $7 trillion in client assets — severed all ties this week with proxy advisory giants ISS and Glass Lewis. It will now rely solely on an internal, AI-driven voting platform called Proxy IQ — the first such move by a major asset manager. It comes days after President Trump issued an executive order directing federal agencies to investigate proxy advisers, citing concerns that their influence on ...

凤凰网财经讯 1月7日，美股三大指数开盘涨跌互现，道琼斯指数涨0.24%，标普500指数涨0.06%，纳斯 达克综合指数跌0.04%。 在CES2026期间，英伟达创始人兼CEO黄仁勋与联想集团董事长兼CEO杨元庆共同宣布，双方将合作推 出"联想人工智能云超级工厂"，英伟达最新发布的Vera Rubin将是该合作的重要组成部分。杨元庆表 示，这一计划将帮助云服务提供商极大缩短"time to first token"AI部署的时间，同时可迅速扩展规模至 十万枚GPU，支持万亿参数级别的智能体和大语言模型。 【小摩据悉切断与所有代理顾问合作 启用自有AI平台决策】 有报道援引一份内部备忘录内容显示，摩根大通的资产管理部门已即刻切断与所有代理顾问公司的全部 联系。即将到来的代理季通常从3月开始，一直持续到6月，直至各公司召开年度股东大会。在此期间， 该银行将开始使用一个内部的人工智能驱动平台，名为"Proxy IQ"，以协助处理美国公司的投票事宜。 【雪佛龙调集11艘油轮驶往委内瑞拉运油】 雪佛龙预订的一支小型船队正驶往委内瑞拉，在美军突袭抓走该国总统后，雪佛龙已成为委内瑞拉唯一 的石油出口商。初步数据显示，雪佛 ...

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. Nov. 6, 2025.JPMorgan said its asset management division has fully parted ways with controversial proxy advisors for shareholder votes. In an internal memo, the firm said it no longer needs third-party data collection or voting recommendations. Instead, it launched an artificial intelligence tool, Proxy IQ, to aggregate and analyze proxy data from 3,000 ...

对此，摩根大通、Glass Lewis和机构股东服务公司(ISS)的发言人未立即回应置评请求。 多年来，保守派人士和一些商业领袖对代理顾问和大型基金管理公司提出了诸多批评，称他们常常建议 投票反对董事会决策或董事，并且过于关注气候和社会问题。 据周三相关报道，援引一份内部备忘录内容显示，摩根大通(JPM.US)的资产管理部门已即刻切断与所 有代理顾问公司的全部联系。 即将到来的代理季通常从3月开始，一直持续到6月，直至各公司召开年度股东大会。在此期间，该银行 将开始使用一个内部的人工智能驱动平台，名为"Proxy IQ"，以协助处理美国公司的投票事宜。 据了解，代理顾问公司，如Glass Lewis和机构股东服务公司(ISS)，在资本市场中扮演着"投票大 脑"和"治理看门人"的角色。其核心职能是为大型机构投资者(如公募基金、养老金、保险公司)提供有关 上市公司股东大会议案的独立研究和投票建议。他们的建议能够左右董事会选举、高管薪酬决策以及环 境或社会决议的结果。 而上文所提及的这两家公司，长期以来一直饱受批评。批评者多为企业高管，他们指责这两家公司所提 建议的影响力过于庞大。然而，与之形成鲜明对比的是，机构投 ...

This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: JPMorgan Chase’s asset management arm will no longer employ external proxy advisory firms for proxy voting advice at U.S. companies and will instead use an in-house artificial intelligence-powered tool to help make voting decisions, ESG Dive confirmed Wednesday. J.P. Morgan Asset & Wealth Management announced the change in a client memo first reported Wednesda ...