What wealth managers need to know about AI Inside Financial & Risk

As wealth managers look to AI for cost or UX benefits, what do they need to know about robo-advice, behavioral analytics or the value of clean data? Artificial intelligence (AI) is increasingly being used in wealth management as the catch-all term for next generation capabilities to attract and retain customers. From personalized portfolio management to customer behavior analytics, the potential for significant UX enhancements and cost reduction is vast. But progress is only possible if there's clean, well-organized data to start with. We take a look at the technological initiatives behind AI and how they apply to the wealth management industry.