55ip

RIASEC RegisteredEst. 2017
Total AUM
$36.7B
Discretionary
$36.7B
100% of AUM
Avg account
$413K
Accounts
88,930
Employees
86
Advisory reps
5

Firm details

Headquarters
Boston, Massachusetts
CRD number
286620
Registered since
April 13, 2017
Custodians
NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees, Other
Client types
  • Other Investment Advisers93.85%
  • Other6.15%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

55ip operates as a limited liability company that registered with the SEC in 2017. The firm serves an institutional client base while also providing portfolio management for individuals, small businesses, and business or institutional clients. Its revenue model includes percentage-of-AUM fees, fixed fees and other fee arrangements. The adviser does not identify as an active ESG investor and is not a multi-state adviser. The firm's regulatory and business footprint extends across multiple industry roles: it lists affiliations or activities tied to broker-dealers, other investment advisers, swap dealer and commodity/futures capacities, banking or trust institutions, insurance companies, pension consulting, real estate brokerage and sponsoring or managing pooled investment vehicles. That mix suggests 55ip participates in both advisory and capital markets infrastructure rather than operating purely as a single-product manager.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 96%, Cash & Cash Equivalents 3%, Exchange Traded Equities 1%96%
  • Public Funds/Mutual Funds96%
  • Cash & Cash Equivalents3%
  • Exchange Traded Equities1%

Owners & executives

1 of 1
  • Gautam Sachdev

    Chief Executive OfficerCRD 6396314

Contacts

3 of 4
  • Thomas Kandybowicz

    ManagementCRD 5417986

  • Thomas D'amico

    FinanceCRD 8059765

  • Melissa Schiffman

    Executive DirectorCRD 5446247

Unlock 1 more contacts

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 314

Active vs passive

$3.4B in ETFs

Passive

98%

$3.4B

Active

2%

$72.1M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$389M1,084,83611.32%

Location

Primary office

Boston, MA

Suffolk

Location

Boston, MA

Headquartered in Boston, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.

Metro area
Boston-Worcester-Providence, MA-RI-NH-CT
Region
Northeast
County
Suffolk
Address
1 Liberty Sq
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth