Forbes contributors publish independent expert analyses and insights. I’m a founder, writer and lecturer focusing on VC funds. A trader works on the floor of the New York Stock Exchange (NYSE) during ...

Wall Street is reacting nervously to AI disruption. But advisors who understand that machines can handle labor while ...

OpenAI Group PBC has acquired Hiro Finance Inc., a low-profile startup with an artificial intelligence tool for creating financial plans. Hiro announced the deal on Monday without disclosing its ...

The reality about the financial advice industry today is that personalized, comprehensive advice is expensive. Per the most recent 2024 Kitces Research on Productivity, a client can expect to pay at ...

Eighty-five percent of financial advisers view generative AI — AI that can be used in generating new content — as a help to their practice, a surge up from 64% in 2024, according to an Adviser360° ...

AI tools are everywhere, offering to help consumers with everyday needs from household shopping to cooking that night's dinner. Personal finance platforms are no different: Thirty-seven percent of ...

Generative artificial intelligence tools, like ChatGPT or Gemini, can be a valuable tool for clients and advisors, especially when it comes to summarizing information or modeling financial scenarios, ...

2025 proved to be a watershed year for artificial intelligence in the wealth management industry. On the upside, AI-powered prospecting and note-taking were among the first areas where many advisors ...

AI in retirement: AI can aid in basic retirement projections but often misses complex variables like tax impacts or long-term care costs. Advisor-focused tools: Platforms like Altruist Hazel integrate ...

Will AI ultimately supplant financial advisors? We certainly see headlines hinting at such a fate, including one in Financial Planning: "Don't think AI will replace you? That's this CEO's goal." In ...

Dr. Preston D. Cherry is the founder and president of Concurrent Financial Planning where he strives to help clients align their money goals with their life’s purpose, with the ultimate goal being to ...

AI is becoming a valuable ally in retirement planning, offering detailed projections for savings, investments, and future expenses. These tools can streamline complex calculations and help people ...