Artificial Intelligence
Get the latest news and insights on artificial intelligence (AI), machine learning (ML) and natural language processing (NLP), and how these developments impact financial advisors, the wealth management industry and more.
April 27, 2023
Morningstar CEO: Investors Not Seeing Value in AdviceInvestors place advisors' value around the same level as that of investing and trading platforms, new research finds.
April 25, 2023
Why Raymond James Hasn't Banned ChatGPTWhile the firm isn't all in, it is allowing advisors to experiment, Vin Campagnoli and Bella Allaire say.
April 20, 2023
Hearsay Introduces Generative AI Solution: Tech RoundupAlso, Snappy Kraken is partnering with Morningstar to provide advisors with improved client engagement campaigns.
April 18, 2023
ChatGPT Can Predict Stock Moves From HeadlinesAnswers given by ChatGPT about stock predictions, show a statistical link between share movement and news' implications.
April 13, 2023
Arrest Made in Murder of Crypto Startup Exec: ReportsBob Lee, who also had worked at Square and other Silicon Valley ventures, was killed on April 4.
April 11, 2023
How Raymond James Is Putting AI Into PracticeThe tools can predict client needs and suggest action steps for advisors across their entire books of businesses, says executive David Lillis.
April 06, 2023
Morgan Stanley's 1GT Invests in AI-Focused Analytics Startup: Tech RoundupIn addition, Orion's Redtail platform has integrated with Flourish.
April 05, 2023
Crypto Startup Exec Killed in San FranciscoBob Lee, the former Square CTO and Cash App founder who was working for MobileCoin, died at the age of 43.
April 05, 2023
3 States Make First Move Against Promos for AI InvestmentsPromoters "are trying to capitalize on the hype of artificial intelligence," said a regulator. "It's an absolute trap" for investors.
March 30, 2023
ChatGPT Use Could Spell Disaster for Advisors: AuthorAdvisors using such AI tools risk significant "legal and reputational harm," says Gary Smith of Pomona College.