BlackRock wealth management technology platform Aladdin Wealth announced this week a new AI-driven tool, Auto Commentary, to turn complex portfolio analytics and client investment preferences into concise insights, helping financial advisors craft narratives for clients.

The feature, which Morgan Stanley's Portfolio Risk Platform will be the first to put in place, brings together the Aladdin Wealth platform’s data and risk analytics, an individual firm’s CIO market outlook and detailed information about the client’s portfolio holdings and investment preferences.

It uses generative AI to assess hundreds of data points and summarize the most relevant insights, allowing advisors to provide personalized service at scale, Aladdin Wealth said.

“The opportunity to transform wealth management through technology has never been greater,” Ted Stratigos, Aladdin Wealth Tech global head, said. “To meet this moment, we’re harnessing the power of AI to simplify complex workflows and enhance how financial advisors connect with clients, driving greater efficiency and deepening financial advisor-client engagement. At BlackRock, we’re committed to staying ahead of client needs by using AI as a catalyst for meaningful innovation.”

Starting this month, financial advisors using Morgan Stanley's Portfolio Risk Platform will begin accessing Auto Commentary.

Chris Scott-Hansen, managing director and consulting group head at Morgan Stanley Wealth Management, added, "By automating labor-intensive research, we enable our financial advisors to concentrate on what truly matters — building trust through assisting clients in navigating complex market dynamics. Morgan Stanley is committed to implementing technology solutions that modernize the future of advice: less time spent gathering data, more time delivering actionable insights to every client."

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