Wealth managers use AI to offload routine work

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- Wealth managers are using AI to automate routine tasks, allowing them to spend more time advising clients.
- Wealth managers can earn upwards of $500,000 and are facing a “chatbot reckoning” as AI tools become more integrated.
Why it matters: Clients receive more personalized advice because wealth managers are freeing up time from administrative tasks, and the industry sees a shift toward AI-driven efficiency across the sector.
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