How AI Is Impacting Wealth Management

Farther is a startup focused on utilizing cutting-edge technology to advance the wealth management business. Farther co-founder and CTO Brad Genser joins Ed Ludlow and Caroline Hyde to discuss how AI is changing the game when it comes to wealth management. He speaks on "Bloomberg Technology."
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[normanoro]

This is interesting. I don't know much about the wealth management industry, but it does seem that there's an opportunity if you can create a service that provides highly customized wealth management at scale using artificial intelligence and really granular data. The final point in the interview was perhaps the most striking. How do you safeguard data from high-net-worth clients, much of which may be extremely sensitive? There probably isn't much room for error in the minds of clients; and a data breach would do great harm not only to them but also of course to the firm entrusted with that information. Given that, it makes sense that it sounds like Farther is keeping that data completely in-house for the time being.

[MarkCochran]

4 years in the trenches reminds me of 25% of my life overseas. AI methods have already helped me.

[ShahzainAli-tlsk]

Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.

[naviruminc]

Agreed, building solutions that are compliant with privacy regulations will need to be over come.

[Charlesragnick]

Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency.
And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjoy the benefits of income management

[JamesMullarneyIsAFraud]

Gensler wrote a paper on bitcoin and never owned or sent any. 😂😂. I wouldn’t get too excited about his papers

[TheGuillotineKing]

Fun Fact Google had a AI that invested money everyday and made money everyday but google shut it down because they didn't know how it made money

[อนรรฆวรรณภาสชัยยง]

Say a lot and say nothing at the same time.

Oxymoron.