Browsing Tag
Artificial Intelligence (AI)
82 posts
Artificial intelligence (AI) refers to the use of advanced computer systems that analyze data, identify patterns, and make informed predictions to improve retirement planning. In 401(k) management, AI can help plan sponsors and participants by automating investment decisions, monitoring market trends, and providing personalized savings recommendations. It can also streamline administrative tasks, detect unusual activity for security purposes, and enhance compliance by flagging potential issues early. Overall, AI supports more efficient plan management and helps participants make smarter, data-driven choices about their retirement savings.
EY Outlook Names Growing Inclusion, AI, as Leading Trends in Wealth Management
The Ernst & Young report identified the top areas for growth and success in 2024 among the wealth management space
AI, Wealth Management and Retirement to Grow in 2024
MarshMcLennan releases report highlighting leading retirement strategies in 2024, including a growth of AI, cybersecurity measures, and more
Leading 2024 Trends Facing Financial Advisors
A new report by Envestnet forecasts the latest trends for the financial advisory industry in the coming year
RiXtrema Unveils Pair of AI Tools for 401(k) Plan Advisors
AdvisorAI and 401kAI designed to deliver rapid data with summarization and analysis that company claims can eliminate 40% of advisors’ repetitive workflow
Nearly Half of Investors Are Now Cautious of Their Investments
Despite reporting a more careful approach to investing, investors said their number one worry was not investing enough, found SoFi research
More Americans Plan to Rely on Artificial Intelligence
A Nationwide Retirement Institute survey found a higher number of aging Americans are open to utilizing AI tools for everyday needs
Michael Kitces: Why Chat GPT Complements (Not Replaces) Advisors
Michael Kitces explains the rapid emergence of artificial intelligence and Chat GPT, raising a bunch of fresh questions about the role it will play in financial advice, and how it complements, not replaces the role of financial advisors moving forward.
Broadridge Fi360: ChatGPT, SECURE 2.0, and a Rebrand
The first day of the conference touched on trends in the retirement plan market and recent developments within Broadridge Fi360
A Third of Investors Prefer Financial Advice from ChatGPT
A Nationwide Retirement Institute survey finds a higher rate of investors expect to get their financial advice from artificial technology than a human advisor within the next five years
Investors Bullish on AI as a Tool for Advisors
Morgan Stanley Wealth Management Pulse Survey reveals finds more than 7 in 10 investors believe artificial intelligence is a game-changer