JPMorgan Private Client Services is being introduced in Minneapolis to provide investment, private banking and trust services to wealthy individuals and families in Minnesota.

New York-based JPMorgan, the third-largest US bank with $1.3 trillion in assets, has previously been limited in Minneapolis to a commercial-banking loan-production office and an auto-finance operation.

The firm has recently expanded its business lending office and, now, the new private client services office. The two divisions are partnering on space, customer outreach and prospecting.