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.
SEC to Weigh New AI Rules for Brokerages
By Lydia BeyoudA plan to rein in conflicts of interest associated with the use of artificial intelligence could be introduced as soon as October.
June 07, 2023
BNY Mellon CEO: Caution on Emerging Tech Can't Spell ComplacencyThe firm's $3.5 billion annual tech budget is money well spent, Robin Vince says.
June 06, 2023
Pershing CEO: AI Has Huge Potential in Wealth Management, Innovation Is Not NegotiableThe firm is using AI to power a next-best action engine in its revamped wealth platform.
June 01, 2023
This ETF Is Crushing the S&P 500 With AI BetsThe $127 million exchange-traded fund has rallied more than 16% so far in 2023, Bloomberg data shows.
May 31, 2023
AI Chatbots Don't Understand AnnuitiesOne popular program offered surface-level detail but got important details wrong, Tamiko Toland of TIAA says.
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.