JPMorgan Chase & Co. has recruited a $2.2 million producer from Morgan Stanley Smith Barney [MS] and two senior managers for its separate, private bank, the firm said.

Philip Fett, a 10-year Smith Barney veteran, joined J.P. Morgan Securities on Feb. 26. Meanwhile, JPMorgan Chase's [JPM] private bank made two senior appointments. John Powers joined the company as chief trust officer and Jacqueline Frommer was hired as global head of specialty practices.

Both will report to Kevin Alger, chief executive officer of global trust and estates, who also oversees equities for the private bank globally. Alger said in a press release “adding these two leading trust professionals to our deep bench gives our clients even greater comfort that we will be successful for them over the next 150 years.”

Powers will be based in New York and oversee the company’s trust administration in the U.S. He rejoins JPMorgan Chase from Citi Trust [C], were he served as head of the U.S. region. Before that, Powers was a senior fiduciary Officer at JPMorgan Chase's private bank.

Frommers joins from Lehman Brothers/Barclays Capital where she spent 18 years in leadership roles including global chief administrative officer of private investment management, and chief operating officer of its trust company.

As Group Managing Editor of SourceMedia’s Investment Advisor Group, Lee oversees all editorial aspects of our Bank Investment Consultant brand. He has spent half his 20-year journalism career at SourceMedia and legacy companies. Before taking over BIC in April 2011, he spent more than three years as managing editor of On Wall Street. And before that he was a senior editor at U.S. Banker magazine for four years. He also worked as an editor in the newsletter unit of legacy divisions of the company for three years, covering various aspects of the fixed-income markets.

ûLee started his career as a reporter at the St. Louis Business Journal after graduating from the University of Missouri with a B.S. in economics. He is currently working toward an MBA at Baruch College, part of City University of New York.