55ip Introduces New Tax-Optimizing ETF Platform

55ip LLC (formerly known as 55 Institutional Partners), an investment science and fintech firm, late last year announced the launch of the 55ip Investment Platform, which includes the company’s proprietary strategy builder and tax optimization tools. This suite of products help RIAs and wealth managers design tax-optimized and personalized ETF portfolios.

Among the first clients to use and adopt the 55ip platform are United Advisors, an advisor and wealth management support platform, and Vine Street Wealth Management LLC, an investment advisory firm based in Mill Valley, Calif.

The platform was designed and built by 55ip’s team of investment scientists, academic researchers and other industry professionals. It allows an advisor to design new investment strategies or enhance existing strategies with lower risk, taxes and fees. It also allows advisors to customize strategies with their own brands and features and allows transparency in portfolio design.

“There’s a new breed of registered investment advisor out there. They’re entrepreneurial, purpose-driven and understand that custom risk, tax and fee-sensitive investment solutions can help their clients achieve their goals,” said Paul Gamble, CEO of 55ip.

According to 55ip, advisors will now experience lower tracking and loss thresholds that will guide tax management.

“We’ve focused on empowering advisors with scientific and algorithmic features that can be used in isolation or mixed as desired to create personalized portfolios,” said 55ip founder and chairman Vinay Nair. That helps clients “keep more of their money, thanks to reduced fees, taxes and risk,” he said.
 

International Broker Chooses Mediant For Streamlined Communications

The brokerage firm Mirae Asset Securities (USA) has recently decided to work with Mediant, an investor communications company providing software and services to banks, brokerage firms, corporations and investment companies for processing and distributing proxy materials, prospectuses and other communications to equity, bond and mutual fund investors. (Mirae is a branch of Mirae Asset Financial Group, an Asian independent financial services group.)

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