55ip

55ip makes portfolio implementation software that manages taxes in client accounts for financial advisors, RIAs, wealth management firms and the asset managers and platforms that serve them. It is part of J.P. Morgan Asset Management. The company says it powers about 171,000 accounts and $150.6 billion in assets as of September 30, 2026.

Its ActiveTax technology runs tax-aware trading, tax-loss harvesting and tax-sensitive withdrawals while the advisor sets the investment strategy and the tax budget. The platform implements model portfolios from third-party asset managers or custom models, plus active SMAs, direct indexing and UMAs, across taxable and qualified accounts. Transition services help firms move assets from acquisitions and newly hired advisor teams into target strategies with attention to capital gains. Firms can use 55ip as an outsourced subadvisor that handles trading and reconciliation, as an insourced overlay in which the firm keeps trade execution, or through APIs that generate trades, transition proposals and model changes while the firm runs implementation.

The partners page lists Charles Schwab, Fidelity, Pershing and Raymond James as custodians, GeoWealth and InvestCloud as technology platforms, and model providers including BlackRock, J.P. Morgan Asset Management, Franklin Templeton and T. Rowe Price. 55ip was founded in 2016, joined J.P. Morgan Asset Management in 2020 and is based in Boston, with an office in Mumbai.