For years, we’ve known very little about the financial firms handling President Trump’s investments, until now. CNBC has linked JPMorgan Chase, Charles Schwab, UBS and Stephens Inc. to at least four of Trump’s investment accounts tracing firm-specific investment funds, deposit programs and credit arrangements buried in Trump’s annual financial disclosure. The filing lists eight numbered investment accounts that held at least $858 million in 2025. But why risk managing Trump’s investments?
Chapters:
00:00 - 01:20: President Trump’s investment portfolio
01:21 - 02:29: Investment accounts
02:30 - 03:35: $858 million
03:36 - 04:56 Politically Exposed Person
Reporter: Luke Fountain
Produced by: Tasia Jensen
Edited by: Darren Geeter, Andrew Evers
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
What Do Banks Risk Working With Trump’s $858 Million Investment Portfolio?
Chapters:
00:00 - 01:20: President Trump’s investment portfolio
01:21 - 02:29: Investment accounts
02:30 - 03:35: $858 million
03:36 - 04:56 Politically Exposed Person
Reporter: Luke Fountain
Produced by: Tasia Jensen
Edited by: Darren Geeter, Andrew Evers
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
What Do Banks Risk Working With Trump’s $858 Million Investment Portfolio?