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J.P. Morgan and 55ip Partner to Deliver Tax-Efficient Access to Model Portfolios

J.P. Morgan and 55ip Partner to Deliver Tax-Efficient Access to Model Portfolios

Solution combines J.P. Morgan’s diversified model portfolios with 55ip’s automated tax technology

J.P. Morgan Asset Management and 55ip are pleased to announce a new partnership providing advisors with the ability to easily and efficiently transition clients into J.P. Morgan model portfolios using 55ip’s automated tax technology. The new co-branded solution also will help advisors deliver ongoing tax-smart trading and tax benefit reporting to their clients at scale.

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The solution combines J.P. Morgan Asset Management’s diversified portfolios, composed of ETFs and mutual funds, with 55ip’s tax-smart investment strategy engine, delivering a more intuitive model portfolio selection and implementation experience through intelligent automation. Together, these capabilities will enable advisors to save time and drive better after-tax outcomes for their clients.

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“As the adoption of models continues to gather steam, our partnership with 55ip will make it easier for advisors to transition to diversified model portfolios in a tax-efficient manner so they can focus on building their business and helping clients achieve their goals,” said Andrea Lisher, Head of Americas Client, J.P. Morgan Asset Management. “This new platform is testament to our continued focus on harnessing best-in-class technologies to improve the advisor experience and solve client needs.”

“The growth of investment models is one of the key drivers of ‘money-in-motion’ in our industry, but tax considerations are a major barrier preventing advisors from driving better outcomes for clients,” said Paul Gamble, CEO of 55ip. “Combining J.P. Morgan Asset Management’s capabilities with 55ip’s automated tax technology is an example of how the wealth management industry is moving forward, finding better ways to help more people.”

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