The former Carmignac Gestion executive, who previously traded for Steve Cohen, says the tool will help run money for clients of his own firm, Q2Q Capital.

Executives think algorithmic assistants will be a better solution for wealthy clients than mere software allocating assets for the masses.

Bank of America's soon-to-be-released virtual assistant, erica, is being trained to provide personal finance advice.

Bots and machine learning are becoming increasingly common in financial services. But that is not the purist’s view of what AI represents.

To save time and money, the megabank is embracing machine learning-driven tools.

Salesforce is the latest to offer advisers data-driven insights into clients.

Advisers will create strategies and communicate the advice. Software will handle the execution and maintenance of the strategies.

How the firm is investing in new ways for advisers to conduct all their business digitally.

A new pilot program will test whether clients will be drawn to a voice-controlled technology the retailer's customers know as Alexa.

Technology that improves compliance, lending and payments by automating processes and relying on AI was spotlighted at Next Money and Finovate, two fintech conferences held in New York this week.