The JPMorgan adviser sex bias suit landed in Manhattan federal court this week, accusing JPMorgan Chase & Co. and its broker-dealer arm of steering two Black women financial advisers into disadvantageous assignments, stripping them of clients during maternity leave and ultimately pushing them into lower-paying remote roles they say left them no choice but to quit.
Former advisers Laura Agard and Roshanna Richardson filed the complaint Tuesday against JPMorgan and JPMorgan Securities LLC, alleging race and sex discrimination and retaliation that culminated in their constructive discharge in 2021.
From Branch Floors to Remote Desks
Agard and Richardson, both Black, said they began their careers as financial advisers in Chase Bank branches in Brooklyn. According to the suit, each later objected to practices they viewed as discriminatory — and soon after were required to accept remote adviser positions with sharply reduced earning potential.
The women say those remote jobs amounted to demotions in all but name, erasing the income needed to support their families.
