J.P. Morgan Asset Management has launched a new Tax-Smart Separately Managed Account (SMA) Platform allowing advisers to build customized portfolios and seek better after-tax returns for their clients.
The platform combines J.P. Morgan’s investment expertise with 55ip’s tax-smart technology and will be one of the first of its kind to offer custom index SMAs and model portfolios of mutual funds and ETFs in one digital portal, delivering seamless portfolio customization, tax management and reporting functionality.
“Investors and their advisors are increasingly seeking customized investment solutions and higher after-tax returns in anticipation of lower equity returns and higher taxes in the future,” said Jed Laskowitz, global head of asset management solutions at J.P. Morgan Asset Management.
The J.P. Morgan Custom Invest - U.S. Large Cap Equity Strategy will be the first SMA on the platform, enabling clients to create a custom portfolio of 275–350 stoc