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Why AI still has a ways to go in wealth management | Information Management

American Banker

Why AI still has a ways to go in wealth management By July 16 2017, 10:25pm EDT More in Is artificial intelligence software mature enough for the investment industry? Jeff McMillan, chief analytics and data officer at Morgan Stanley, has some doubts. Wealth managers need to provide accurate, specific advice about clients' portfolios, he pointed out. And artificial intelligence isn’t reliable enough to provide consistent insights right now, he said at the InVest conference in New York last week.

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