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...
Tag: artificial intelligence
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.
Moving Toward AI, Both Ethically and Responsibly
As AI is integrated into financial services, the industry must grapple with how to review and manage oversight.
Most Americans Still Skip Basic Cyber Protections
According to a survey by digital security company Iris, 91% of Americans worry about AI threats to their personal data,...
Embracing AI to More Efficiently Process Retirement Plan Documents
Artificial intelligence seems to be everywhere, with seemingly endless applications. However, many in the retirement plan industry are still figuring...
C-Suite Prioritizes a Shift to Proactive Management
According to PR firm Padilla, 67% of executives report their employees are ready to support change initiatives, and leaders are...
AI and the Future of Participant Services
Use cases for both generative and agentic artificial intelligence continue to expand, especially in areas like participant education and personalized...
Regulators Urged to Take Risk-Based Approach Toward AI
A recent SEC-hosted roundtable addressing artificial intelligence highlighted the risks and rewards of its usage in financial services.
Financial Firm Investment in Gen AI Surges, Cybersecurity Remains Priority
A Broadridge survey found a leap in firms’ investment plans for generative AI technology.
In the Rush to Hire AI Talent, Companies are Rushing Too Fast, Survey Finds
"Firms are competing for an ever-shrinking pool of skilled candidates when they should be investing in developing their own qualified...
FinTech, AI Tools to Ease Administration and Expand Financial Planning Access
At a recent conference, fintech leaders discussed how artificial intelligence and technology can both improve retirement plan administration and provide...
AI Can Be Helpful for FAs—but Mostly In-House for Now
Speakers at an eMoney financial adviser summit noted that AI is most useful for wealth managers as a practice management...