"Augmented Intelligence": Combining Human Intelligence and Technology

CFA Institute Magazine
October 2017 | Vol. 28 | No. 3
Source: CFA Institute
Ed McCarthy

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Summary

With the advent of artificial intelligence (AI) already changing the financial services industry, private wealth advisers are also beginning to adapt to it. AI is likely to change wealth management staff duties and organizational structures. AI-driven approaches may also expand opportunities for advisers because they offer ways to access nontraditional wealth management clients.

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