Thanks to find submitted to the Author’s inbox, we have a letter from a former WaMu subsidiary, dated 30 April, 2009, to the New Hampshire Attorney General’s office re. the location of specific records. The letter is significant because it gives a clue on how the “missing subs” were absorbed into JPMorgan:
From the letter (download here):
WaMu Investments, Inc. (the “Firm”) is a broker/dealer affiliate of lPMorgan Chase Bank, N,A, that offers clients investment and insurance products…
…Securities (including mutual funds and variable annuities) and investment advisory services are offered through WaMu Investments, Inc. Annuities and insurance products are provided by various insurance companies and offered through WaMu Investments, Inc. and, in California, through WMFS Insurance Services, Inc. WaMu Investments, Inc., a member of FINRA/SIPO and WMFS Insurance Services, Inc. are affiliates of JPMorgan Chase Bank, N.A.
From a previous post, WaMu Subs Hierarchy, Readers see that WaMu Investments, Inc. was a subsidiary of Washington Mutual Brokerage Holdings, Inc. WMFS Insurance Services, Inc. was, in turn, a sub of WaMu Investments. They likely were organized as affiliates of WaMu before seizure, and advisors were remained as independent contractors to these companies once JPMorgan took over.