Separately managed accounts (SMAs)
Customization and tax intelligence—at scale.
A separately managed account (SMA) is a professionally managed investment account where the investor directly owns the underlying securities. That direct ownership can unlock greater flexibility, personalization, and tax efficiency compared to pooled approaches like mutual funds. But not all SMAs—and not all SMA platforms—are created equal.
SMAs: More Than Just Direct Indexing
Exclude specific securities, industries, or sectors
Reflect client values through personalization or custom constraints
Integrate tax-smart transitions from legacy holdings
Benefit from transaction transparency to help monitor transition progress and manage taxes
SMAs offer a unique structural advantage for tax management—but 55ip takes that to the next level. Our proprietary technology seeks ongoing monitoring to identify and act on tax-loss harvesting opportunities, not just monthly like some platforms. This systematic, granular approach can improve after-tax returns while preserving portfolio integrity and the intent of the strategy. That means:
More opportunity to harvest losses
Timely tax-loss harvesting potential, especially during volatility
Defer Gains, Reduce Taxes
Deferral of gains to potentially reduce the impact of capital gains taxes
No Hidden Gains
No embedded capital gains, since clients directly own securities
Tax Strategies That Fit
Customized tax strategies, tailored to individual client situations and goals
A Smarter Way to Manage
As advisors and investors prepare for an era of lower market returns and higher tax burdens, personalized, tax-efficient investing has never been more important. SMAs on 55ip deliver a powerful combination of flexibility, precision, and tax intelligence—giving you the tools to manage wealth more thoughtfully across every stage of a client’s life.
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