55ip, an investment science and technology firm, and Northeast Planning Associates (NPA), have signed an agreement that gives NPA access to 55ip’s investment science, research and proprietary technology.
NPA clients will now have access to a customized version of the 55ip Investment Platform, technology that enables them to easily design personalized ETF portfolios and deliver customized strategies for clients.
The 55ip platform allows an advisor to design new investment strategies or enhance existing strategies that strive for lower risk, taxes and fees, and allows advisors to offer its own clients greater transparency in how their portfolios are designed and managed. In addition, the 55ip tax optimization tool seeks to make tax optimization more accessible, easier to implement, and more effective than traditional methods.
Paul Gamble, CEO of 55ip, said they were delighted to have been selected by NPA;
“NPA continues to help clients manage through this dynamic marketplace by providing personalized investment strategies for their clients We are honored to be working with them.”
55ip Founder and Chairman Dr. Vinay Nair, added that their tools give each NPA advisor the flexibility of using different approaches to create personalized portfolios that seek to reduce fees, taxes and risk.
55ip is a Fintech firm based in New York City and Boston and founded in 2015. Its team of academic researchers, investment experts and financial technology professionals have developed proprietary technology and methodologies that enable financial advisors and wealth managers the ability to deliver better outcomes for clients.