55ip Appoints Michael Camp as Chief Client Officer to Scale Tax-Smart Investing Platform

55ip, a J.P. Morgan subsidiary, has appointed Michael Camp as chief client officer to scale its tax-smart investing platform. For fintech professionals, this move signals a deepening commitment to automated tax management as a core value proposition for wealth managers, following a period where the firm's assets under supervision surged from $317 million to over $140 billion.

What was announced

Michael Camp’s appointment as chief client officer at 55ip marks a significant transition for the Boston-based firm as it seeks to institutionalize the growth achieved over the last six years. Reporting directly to Gautam Sachdev, chief executive officer at 55ip, Camp is tasked with leading the firm’s client business and steering strategic priorities. His primary focus involves driving the adoption of 55ip’s tax-smart investing platform among advisors and enterprise partners, ensuring that these users realize the platform's full value over time.

Camp is not a new face at the firm; he joined 55ip in March 2020 and previously served as managing director and head of Client Solutions. During his tenure, the company’s assets under supervision (AUS) experienced a meteoric rise, growing from $317 million in early 2020 to more than $140 billion as of July 2026. This growth coincided with a strategic shift in the firm’s target market. While 55ip originally focused on the Registered Investment Advisor (RIA) community, it has since expanded its reach to include wirehouses, broker-dealers, and national RIAs.

Camp’s professional background includes over 15 years at BlackRock, where he led the firm’s Portfolio Solutions wirehouse channel and held various roles in product strategy and client portfolio management. He holds a BA from the University of Virginia, majoring in Economics and English, and is a member of the Boston chapter of the CFA Society.

"Over the last decade, our company has grown rapidly, partnering with wealth management, asset management, and custodians, and Michael has been critical to that growth. Michael’s investor-first mentality, steadfast leadership, and thoughtful portfolio and practice management perspectives have helped grow and evolve our client-facing organization,"

Gautam Sachdev, chief executive officer at 55ip.

The companies involved

55ip operates as a financial technology company specifically designed to remove technical and operational barriers to financial progress through automated tax management. Now a wholly owned subsidiary of J.P. Morgan, the firm provides a tax-smart investing platform that integrates with the existing workflows of wealth managers and custodians. By offering bespoke tax management implementation, 55ip positions itself as a connective layer within the financial services ecosystem, allowing advisors to deliver tax-efficient outcomes without the manual overhead typically associated with such strategies.

Its parent company, J.P. Morgan, is one of the world’s largest financial institutions, providing a massive distribution network that has clearly accelerated 55ip’s market penetration. The acquisition of 55ip allowed J.P. Morgan to bolster its wealth management technology stack, competing directly with other fintech-forward platforms in the RIA and wirehouse spaces. Michael Camp’s presence in the Boston office, where he is a member of the local CFA Society chapter, underscores the firm's roots in a major hub for asset management and financial technology.

What FF News has reported before

FF News has closely followed the technological and strategic evolution of 55ip’s parent organization. Recently, we covered how J.P. Morgan, Deutsche Bank, and Standard Chartered Join Partior for 24/7 Cross-Border Settlement, highlighting the bank's broader interest in infrastructure that enables real-time financial operations. Additionally, the firm’s focus on digital transformation was evident when KB Kookmin Bank Launches Blockchain-Powered Trade Payments via J.P. Morgan’s Kinexys, demonstrating a pattern of integrating advanced software solutions across its global banking and investment divisions. This history of large-scale tech implementation provides the backdrop for 55ip’s rapid scaling within the J.P. Morgan ecosystem.

What this means

The appointment of a chief client officer following a massive increase in assets under supervision suggests that 55ip is moving from a hyper-growth phase into a period of retention and optimization. In the current wealth management landscape, tax-smart automation has shifted from a premium feature to a baseline expectation for high-net-worth clients. This puts immense pressure on traditional asset managers who still rely on manual tax-loss harvesting or lack the technology to handle complex tax transitions at scale. The industry is now facing a question of whether independent fintechs can maintain their agility and "investor-first" culture while operating under the umbrella of a global banking giant like J.P. Morgan.