Technology News from Financial Planning

For the first time in an annual compliance report, FINRA devotes a section to AI risks, including from third-party vendors and scammers.

Artificial intelligence isn't an algorithmic takeover but an essential wealth management tool.

UBS chief data and analytics officer Joe Cordeira says AI won't replace advisors. But it can help them by providing little nudges to do everything from rebalancing a portfolio to wishing a client happy birthday.

The hidden costs of free AI tools go beyond simple feature upgrades. Non-enterprise versions of AI tools often lack advanced data protection features.

The integration eliminates the need for a third-party intermediary between the two platforms, allowing for a direct connection between financial planning and tax, estate and insurance data.

Scary good voice cloning technology means advisors can no longer believe what — or more accurately, who — they're hearing on the phone. Rigorous verification protocols are the new key to gaining client trust.

Getting it right can help prospects find your firm's website, according to FMG Suite's Samantha Russell at ADVISE AI.