The collaboration combines WisdomTree’s diversified model portfolios with 55ip’s tax-smart investment strategy engine, which uses intelligent automation to deliver a more intuitive model portfolio selection and implementation experience. By bringing these capabilities together, WisdomTree and 55ip are positioned to help advisors run their practices more efficiently and to drive better client outcomes.
Through a co-branded experience, advisors will be able to deliver tax-smart transitions, management, and withdrawals, as well as tax benefit reporting. The solution will also provide analytic and proposal tools and is expected to be available to advisors at the end of this year.
With 55ip’s existing integrations with major RIA custodians, access to WisdomTree’s model portfolios will be exposed to a new user base. In addition, the solution also will be made available to additional channels, such as independent broker-dealers. For advisors using the platform today, 55ip has helped drive broader usage of models, with approximately double the assets in taxable accounts in models, and three- to six-times the average account size compared to incumbent platforms where advisors access models.1
The arrangements referenced above are memorialized via a licensing agreement with 55ip whereby WisdomTree has provided a license to 55ip for displaying applicable WisdomTree model portfolios on the 55ip platform to be accessed by advisors in their own discretion. WisdomTree makes no representations, warranties, endorsements or recommendations regarding 55ip, its products or services.
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There are risks involved with investing, including possible loss of principal.
This information and the model portfolios are not personalized investment advice or an investment recommendation from WisdomTree, and are intended for use only by a third party financial advisor, with other information, as a resource to help build a portfolio or as an input in the development of investment advice for its own clients. Such financial advisors are responsible for making their own independent judgment as to how to use this and all model portfolio information. WisdomTree does not have investment discretion over or place trade orders for any portfolios or accounts of advisors or investors derived from model portfolio information.
Investors and their advisors should consider the investment objectives, risks, charges and expenses of the funds included in any model portfolio carefully before investing. This and other information can be obtained in the fund’s prospectus by visiting www.wisdomtree.com for WisdomTree Funds. Please read the prospectus carefully before you invest in a fund.
WisdomTree Funds are distributed by
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About WisdomTree
WisdomTree® is the marketing name for
About 55ip
55ip is a financial technology company whose purpose is to break down barriers to financial progress. Financial advisors use 55ip’s tax-smart investment strategy engine to dramatically improve their efficiency and effectiveness. 55ip’s intuitive experience and intelligent automation elevate portfolio design and delivery, helping advisors save time and drive better outcomes for their clients. At the heart of the experience is 55ip’s automated tax technology, which includes tax-smart transitions, management, and withdrawals.
55ip is the marketing name used by 55
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jweyeneth@wisdomtree.com
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1 Average account balance in models with 55ip as of
Source:
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