55ip Expands UMA Offering to RIA Channel with J.P. Morgan Asset Management and BlackRock

Gautam Sachdev, Chief Executive Officer, 55ip

“The rapid growth in the RIA channel highlights the issue of scale for advisors”

Gautam Sachdev, Chief Executive Officer, 55ip

“Navigating the complexity of acquiring new clients, while contending with infrastructure challenges can be alleviated with the addition of a UMA to an advisor’s practice. We are excited to collaborate with two leading asset managers to meet the needs of a broader range of clients.”

Gautam Sachdev, Chief Executive Officer, 55ip

“These leading asset managers support 55ip in providing an expanded UMA solution on our platform that addresses the operational limitations advisors face without compromising personalization of investments.”

Stephen Kaplan, Managing Director, Head of Customized Managed Account Solutions, J.P. Morgan Asset Management

“Advisors want customized portfolios with tax management”

Stephen Kaplan, Managing Director, Head of Customized Managed Account Solutions, J.P. Morgan Asset Management

“Our collaboration with 55ip to deliver a model portfolio with an SMA, is a compelling value proposition for advisors. Many advisors seek the scalability and consistency of model portfolios but also see the benefits—as do their clients—that come with the direct ownership and tax-loss harvesting potential of SMAs, enabling them to focus on deepening client relationships.”

Jon Diorio, Head of Americas Product, BlackRock

“As demand from high-net-worth investors evolves, advisors are looking for ways to deliver both customization and efficiency”

Jon Diorio, Head of Americas Product, BlackRock

“Combining model portfolios and SMAs within a single account enables more responsive tax management while unlocking the scale and capacity needed for advisors to grow their practice and deepen client relationships.”