wealth advisory
wealth management, wealth advisory, machine-generated investment strategies, artificial intelligence, machine learning
Can AI-based recommender solutions help wealth managers?
Recommendation solutions are sometimes used by wealth management firms and banks to automatically suggest the product that a client may be interested in. They aim to increase client satisfaction and avoid wasting both the client’s and the relationship manager’s time with inappropriate offers.
Is it time to redefine the risk-based portfolio approach?
The introduction of a highly automated portfolio-based advisory process and the use of quantitative portfolio risk has led to a new advisory paradigm. In this post, we explore the challenges that come with this.
Change from a single-instrument to a risk-based portfolio approach in wealth industry
With the implementation of MiFID II in Europe and similar standards in other jurisdictions, wealth advice has effectively shifted from a “single-instrument approach” to a “risk-based portfolio approach”. This blogpost is an introduction to what this means.