Artificial Intelligence On Wall Street: AI Labs Has Edge On Robo-Advice With Neural Networks

There's a lot of noise about how Robo-Advice is going to disrupt the wealth management sector. Indeed, the UK's FCA received over 40 applications last year to use automated wealth solutions of one sort or another. Many Robo-Advisors tout some level of machine intelligence to foster results, but really offer a generic, pre-set portfolio of three to six ETFs to clients. San Francisco-based AI Labs began building its Vise platform n January 2015. Today it uses a mix of machine learning and deep learning.