JPMorgan's 55ip Is Bringing BlackRock Into The UMA. The Tax Engine Stays In Charge.
AI SummaryAI-generated — verify against the source.JPMorgan's 55ip is integrating BlackRock's investment strategies into its Unified Managed Account (UMA) platform while maintaining its proprietary tax-smart automation engine. This development highlights the ongoing trend of wealth management platforms leveraging automated, algorithm-driven tax management to enhance portfolio construction and efficiency for advisors.
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