Nuts & Bolts: Where Advisers Can Start With AI
Advisers can turn their reluctance to use artificial intelligence into self-assured exploration of time-saving tools.
Tag: artificial intelligence
How Will Advisers Use AI by 2030?
A recent report by the CFP Board looked at possible outcomes of how artificial intelligence will shape financial planning.
Almost All Organizations Hit by Digital Attacks Believe It Was Preventable
A survey found that 92% of security decisionmakers who came under cyberattack in the last year believe that better security...
Going Beyond DC Plans’ Defaults
While target-date funds have age-appropriate levels of risk, they do not consider unique life circumstances or participants’ diverse levels of...
Do Advisers Ignore AI at Their Peril?
Strategic Retirement Partners’ Jeff Cullen talks about how to use the technology in plan practices, during a PLANADVISER 360 Conference...
How to Train Your AI ‘Coworker’
OneDigital’s AI-powered consultant, ‘Ben,’ is not just surfacing knowledge about employee benefits, but a collaborative equal to team members.
AI Use Could Boost Public Sector’s Retirement Planning
A MissionSquare Research Institute study revealed that employees who felt confident using artificial intelligence tools reported higher job satisfaction.
RIAs Lead Financial Advisers in AI Tool Use
Most advisers told ISS Market Intelligence they used artificial intelligence tools to summarize information, rather than for more extensive analysis.
More Than Half of Advisers Already Use AI, per Betterment
The firm’s second adviser survey identified how younger advisers—Millennials and those in Gen Z—use artificial intelligence differently than older colleagues.
Popular AI Chatbots Struggle With Estate Planning, but Pass CFA Exams
In separate studies, artificial intelligence chatbots gave misleading answers about estate planning and aced an overall exam for certified financial...
Financial Firms Show Interest Uptick in Generative AI
A Broadridge study found 72% of financial services firms reported making ‘moderate to large’ investments in generative artificial intelligence in...
Summit Financial Adds Eight AI-Driven Tools to Adviser Platform
The artificial intelligence-powered tools focus on adviser workflows, including lead generation, digital marketing automation and merger and acquisition analytics.
What Can the SEC Do With AI?
The Securities and Exchange Commission’s AI task force could provide the agency a ‘technology augmentation,’ according to a former SEC...
SEC Creates AI Task Force
Securities and Exchange Commission veteran Valerie Szczepanik was named its chief artificial intelligence officer to lead the agency-wide effort.
Humans, Not AI, Trusted by Participants With Financial Tasks
Nearly half of respondents in a Northwestern Mutual survey preferred financial advisers who understood and used artificial intelligence, but most...
Federal Bill Pushes for AI ‘Experiments’ at SEC
A congressional bill introduced last week would allow financial regulatory agencies to experiment with artificial intelligence without the ‘expectation of...
Deepfaked Fiduciary: The Real AI Threat Nobody’s Talking About
Adviser Neil Plein explains how fiduciaries can be prepared to minimize the risk to their practices from increasingly sophisticated scams...
AI Firm Jump Announces Integrations with eMoney and RightCapital
The partnerships allow advisers to keep financial plans updated without manual data entry.
Making Decisions About AI Adoption
Firms express cautious optimism about artificial intelligence tools in a recent survey.
Bringing AI to Practice Management
Firms seek to solve bottlenecks and streamline opportunities by leveraging the power of artificial intelligence.