JPMorgan Chase’s private bank wants more wealth advisers in Europe, the Middle East and Africa over the next few years, and it is counting on AI to let each of them get through more of the work that surrounds a client. Pablo Garnica, chief executive of the bank’s EMEA private bank, told Bloomberg in an interview published Sunday that the unit is using AI to onboard clients, for investment research and for other tasks, with the goal of raising adviser productivity.

He also put a number on hiring. According to Bloomberg’s report, Garnica expects the EMEA adviser count to grow 10% to 15% over the next three to five years, with the bank pushing hardest in continental Europe and still growing in the Middle East.

What the software does for advisers

JPMorgan has been fairly specific about its tools.…