Mintz advised 55ip, a financial technology company with proprietary capabilities empowering financial advisors to deliver tax-smart investment strategies at scale, in its recently announced agreement to be sold to J.P. Morgan Asset Management.
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 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 ActiveTax Technology®, which includes tax-smart transitions, management, and withdrawals.
The Mintz team that advised 55ip in the deal was led by Member Marc Mantell and Associate Flora Brookfield and included Members Ivan Presant, Bret Leone-Quick, Cory Flashner, and Jessica Catlow, Member and Co-chair of the Israel Practice Avi Reshtick, Member and Chair of the Employee Benefits & Executive Compensation Practice Alden Bianchi, Special Counsel - Privacy, Cybersecurity and Technology Transactions Brian Lam, and Associates Cameron Hagen, Scott Dunberg, David Salamon, Alexander Song, and Marguerite McConihe.