{"url":"https://nivawealth.com/firms/55i-286620","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/286620","regulatoryAum":36740224268,"crd":"286620","secFileNumber":"801-110302","legalName":"55i, LLC","displayName":"55i","website":"http://www.55-ip.com","linkedinUrl":"https://www.linkedin.com/company/55ip","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"One Liberty Square, Suite 200","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02109"},"tradeNames":[],"registration":{"secApproved":"13 April 2017","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":86,"advisory":85,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":36740224268,"discretionaryAccounts":88930,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":2258603519,"nonUsClientsPct":0,"nonAumClients":43},"clientTypes":[{"label":"Other investment advisers","clients":313,"regulatoryAum":34481620749},{"label":"Other","clients":3209,"regulatoryAum":2258603519}],"fees":[],"feeNotes":[],"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":20851096779},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":12281072581}],"custodyNote":"55i has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Gautam Sachdev","title":"Chief Executive Officer","crd":"6396314"},{"name":"Melissa Schiffman","title":"Chief Compliance Officer","crd":"5446247"},{"name":"Thomas D'Amico","title":"Finance","crd":"8059765"},{"name":"Thomas Kandybowicz","title":"Platform Management","crd":"5417986"},{"name":"Carmine Lekstutis","title":"Assistant General Counsel","crd":"6990745"}],"ownership":[{"label":"55 Institutional Partners, LLC","detail":"Sole member in the 75% or more ownership band and a control person, since June 2017."},{"label":"Jpmorgan Chase Holdings LLC","detail":"Indirect owner: a 100% shareholder of Jpmorgan Asset Management Holdings Inc. in the 75% or more band and a control person, since April 2017.","parent":"Jpmorgan Asset Management Holdings Inc."},{"label":"Jpmorgan Chase & Co.","detail":"Indirect owner: a 100% shareholder of Jpmorgan Chase Holdings LLC in the 75% or more band and a control person, since September 2016.","parent":"Jpmorgan Chase Holdings LLC"},{"label":"Jpmorgan Asset Management Holdings Inc.","detail":"Indirect owner: a 100% shareholder of 55 Institutional Partners, LLC in the 75% or more band and a control person, since December 2020.","parent":"55 Institutional Partners, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"One Liberty Square, Suite 200","city":"Boston","headquarters":true}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"575 Washington BLVD","city":"Jersey City"}]},{"state":"New York","offices":1,"addresses":[{"street":"390 Madison Avenue","city":"New York"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"1111 Polaris Pkwy","city":"Columbus"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-960-9559","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Other"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":96},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"30 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/286620/PDF/286620.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does 55i have?","answer":"55i has 3,522 clients and manages $36.7 billion for them, as of June 2026. They include 3,209 other clients and 313 other investment advisers.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does 55i offer?","answer":"55i provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does 55i use?","answer":"55i’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $20,851,096,779 and Charles Schwab & Co., Inc. (San Francisco, CA), with $12,281,072,581. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does 55i have?","answer":"55i has 0 investment adviser representatives registered with state securities authorities, out of 86 employees, and 85 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does 55i invest in?","answer":"At the end of its last fiscal year, 55i’s separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 1% exchange-traded equities. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns 55i?","answer":"55i is owned through a chain of holding companies by Jpmorgan Chase & Co. Its direct owner is 55 Institutional Partners, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does 55i get paid?","answer":"55i is paid through a percentage of assets under management, fixed fees and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}