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.
Pershing CEO: AI Has Huge Potential in Wealth Management, Innovation Is Not Negotiable
By John ManganaroThe firm is using AI to power a next-best action engine in its revamped wealth platform.
May 31, 2023
Ritholtz CEO Brown Sells 25% of Nvidia Stake, Taking ProfitsBrown decided to "take something off the table because man, this is one for the ages," he said.
May 31, 2023
8 Trends Shaping the Future of Portfolio ManagementHere's what's next for RIAs, BDs, wirehouses and their tech partners, according to Aite-Novarica.
May 30, 2023
JPMorgan Building ChatGPT-Like Investment ToolIndexGPT will use AI-driven software "for analyzing and selecting securities tailored to customer needs," a trademark filing says.
May 26, 2023
What You Need to Know About AI ETFsYour clients might ask about investing in AI. An ETF could be an entry point, but there are risks.
May 26, 2023
Cathie Wood Defends ARKK's Move to Dump NvidiaWood's flagship ARK Innovation ETF has climbed 25% so far this year, outpacing the S&P 500's 9.4% gain.
May 26, 2023
Cathie Wood's ARKK Dumped Nvidia Stock Before $560B SurgeNvidia "has been very good to her. She was into the stock before it was cool," said ETF analyst Eric Balchunas of Bloomberg Intelligence.
May 18, 2023
Who Do Investors Trust for Advice?Respondents to a Nationwide survey ranked sources including AI, financial advisors, family and a higher power.