55ip

55ip and RiverFront Investment Group Roll Out Tax Managed Portfolios to Baird Financial Advisors

Retrieved on: 
Wednesday, November 3, 2021
Software, Technology, Professional Services, Finance, Research, Efficiency, Automation, Industry, Goal, BFC, Partnership, Partner, Security (finance), Copyright, U.S. Securities and Exchange Commission, Part, ETF, JPMorgan Chase, Index, SEC, Finance, ID, Risk, RIA, Software, Marketing, LLC, Investment, All rights reserved, Multimedia, Riverfront, Baird, Robert W. Baird, Heart, Form, Financial adviser, Tax advisor, Risk management, 55ip, RiverFront, 55IP, RIVERFRONT

Increasing demand from advisors and their clients has spurred 55ip to expand its partnership with RiverFront Investment Group (RiverFront).

Key Points: 
  • Increasing demand from advisors and their clients has spurred 55ip to expand its partnership with RiverFront Investment Group (RiverFront).
  • Baird Financial Corporation (BFC) is a minority owner of RiverFront Investment Holding Group, LLC and therefore an indirect owner of RiverFront.
  • RiverFront Investment Group, LLC (RiverFront) provides investment ideas in the form of model portfolios, to 55ip for use in the software offered herein.
  • Baird Financial Corporation (BFC) is a minority owner of RiverFront Investment Holding Group, LLC and therefore an indirect owner of RiverFront.

55ip Doubles Its Reach, Adds Comprehensive and Customizable Enhancements to Tax-Smart Solution

Retrieved on: 
Thursday, September 16, 2021
Professional Services, Data Management, Technology, Finance, Software, Banking, Income, Automation, Investment, Heart, Efficiency, Technology, Partner, JPMorgan Chase, SIPC, European Innovation Council, LLC, Bank, Fidelity Investments, NYSE, Industry, Morning Star, NPS, Growth, FMR, State Street, Fidelity, Partnership, AUM, SEC, Bank of America, Renewable energy, Financial adviser, Management, 55ip, Fidelity Investments, 55IP, FIDELITY INVESTMENTS

As of June 2021, the number of advisory firms using 55ip doubled from the previous year.

Key Points: 
  • As of June 2021, the number of advisory firms using 55ip doubled from the previous year.
  • In 2020, 55ip-powered taxable accounts delivered 2.58% in average tax savings, a significant outcome in a low-return environment.
  • Expanded functionality, along with investments in the advisor team, has driven a Net Promoter Score (NPS)1 of +78, putting 55ip in the top decile for their industry.
  • 55ip is a wholly owned subsidiary of J.P. Morgan Asset Management, the asset management business of JPMorgan Chase & Co.
    For more information on 55ip, please visit www.55-ip.com .

55ip Enters Broker-Dealer Space with Janney Montgomery Scott Partnership

Retrieved on: 
Wednesday, April 14, 2021
Finance, Data management, Professional services, Technology, Software, 55ip, Janney Montgomery Scott LLC

b'55ip has partnered with Janney Montgomery Scott, a leading full-service wealth management, capital markets and asset management firm, to enhance its tax management capabilities for financial advisors on the Janney platform.

Key Points: 
  • b'55ip has partnered with Janney Montgomery Scott, a leading full-service wealth management, capital markets and asset management firm, to enhance its tax management capabilities for financial advisors on the Janney platform.
  • For Janney, the partnership strategically positions the firm as an early adopter of 55ip, underscoring its industry leadership and commitment to continuous innovation of its platform.
  • Through this partnership, Janney\xe2\x80\x99s financial advisors will have access to 55ip\xe2\x80\x99s tax-smart investment strategy engine to choose from a diverse selection of third-party model portfolios and guide clients through seamless tax-smart transitions.
  • In addition, 55ip will provide trading and educational support to Janney\xe2\x80\x99s financial advisors.\n\xe2\x80\x9cOur mission at 55ip is to move the wealth management industry forward by delivering innovative, tax-smart solutions, and our partnership with Janney is a big milestone on that journey,\xe2\x80\x9d said Paul Gamble, CEO of 55ip.