AI in Wealth Management

AI Capabilities Across Wealth Management

27 institutions tracked across 7 capability dimensions. Click any cell for details.

Maturity:
scaled
deployed
piloting
announced
No activity
Institution
Advisor Productivity
Client Personalization
Investment & Portfolio
Research & Content
Client Acquisition
Operations & Compliance
New Business Models
BofA / Merrill
3 billion Erica interactions, $13B tech investment 2026
Scaled
Ask Merrill
Scaled
Erica
Deployed
AI-powered segment migration and next-best-action across 67M clients
Scaled
Erica handles transactions, wire tracking, and compliance documentation at scale
J.P. Morgan Wealth Management
$5.9T client assets, +18% YoY — Coach AI deployment credited with 20% gross sales increase
Scaled
Coach AI / Connect Coach
Scaled
Connect Coach surfaces real-time personalised recommendations at point of client interaction — all PB advisors
Deployed
AI-informed model portfolios spanning public and private markets — available across WM advisor network
Deployed
WM advisors use AI tools for research summarisation, market commentary, and client report generation
Piloting
Acquisition strategy is advisor-led capacity expansion — no AI-native digital acquisition play in production
Piloting
AI-assisted advisor compliance and client onboarding workflows in early stages within WM
Piloting
Client-facing version of Connect Coach under evaluation — would give HNW clients direct AI access
Morgan Stanley
98% advisor adoption
Scaled
AI Assistant + Debrief
Piloting
AskResearchGPT expanding to institutional securities
Deployed
AI-powered CRM integration and post-meeting workflow automation
Wells Fargo Advisors
~12,000 financial advisors; ~$2T in client assets under management
Piloting
AI tools for advisor prep, client intelligence, and meeting workflows in pilot across WFA advisor network
Piloting
AI-powered client segmentation and next-best-action tools being piloted within wealth division
BNP Paribas Wealth
750+ AI use cases in production; €469B AUM; €500M value target 2025
Deployed
AI Centre of Excellence Singapore developing GenAI for portfolio analytics, onboarding, and advisory automation
Deployed
AI-powered investment research and portfolio analytics for private banking advisors
Piloting
AI-powered client onboarding automation across private banking workflows
Citi Private Bank
AskWealth live globally, Sakana AI strategic investment
Deployed
AskWealth deployed to advisors globally as of Q1 2026
Deployed
AI-generated market insights and research synthesis for private banking teams
Piloting
Strategic investment in Sakana AI for nature-inspired foundational models
Goldman Sachs
46,000 employees, 50%+ adoption
Deployed
GS AI Assistant deployed to 46,000 employees, targeting 100% by end of 2026
Deployed
AI-powered research summarization and market intelligence across platform
Piloting
6-month Anthropic partnership for autonomous agents in accounting, KYC, and onboarding
HSBC Private Banking
$1.8B AI investment, 10,000+ sources in Wealth Intelligence
Deployed
Wealth Intelligence deployed to HK and Singapore advisors
Deployed
10,000+ source intelligence synthesis for advisors
Julius Baer
Prototype to production in 10 weeks; Google AI Trailblazers Innovation Award 2024
Deployed
JAI Narrative Generation Engine deployed for RM portfolio reviews globally
Deployed
AI-generated portfolio review narratives for advisor-client meetings
UBS
30,000 employees trained on Red AI
Deployed
Red AI deployed to 30,000 employees across wealth and personal banking
Deployed
AI-powered personalized client communications and next-best-action
Deployed
Red AI integrated with advisory tools for research synthesis and CIO content
Piloting
Multi-agentic system piloting KYC reviews and source-of-wealth verification
BBVA
120,000 employees on AI; employees saving 3 hours/week on routine tasks
Deployed
Blue AI assistant deployed to 120,000 employees across 25 countries
Piloting
Proactive conversational advisory AI for wealth clients in development
DBS Bank
1,500+ AI models, SGD 1B economic value
Scaled
AI-augmented advisors across all wealth tiers
Scaled
30M+ monthly personalized nudges via AI
Scaled
AI-driven portfolio construction and rebalancing at scale
Scaled
AML, KYC, and regulatory compliance fully AI-automated
Scaled
AI enabling entirely new revenue streams and business models
RBC Wealth Management
Full US advisor rollout February 2024; clients managing ~$12T in assets identified via AI
Deployed
AI-Powered Insights deployed to all US advisors — identifies money-in-motion clients from transaction data
Deployed
Behavioral AI identifies high-propensity clients for wallet consolidation
Standard Chartered
SC GPT live across 41 markets, 70,000+ employees; FX AI video advisory for clients
Deployed
SC GPT deployed across 41 markets for 70,000+ employees covering advisory, sales, and risk
Deployed
FX Intelligent Expert
Deployed
NLP transaction banking AI for relationship manager proposals
eToro
1 in 3 Club Members using Tori AI within weeks of launch; 7 AI Alpha Portfolios live
Deployed
Tori AI delivers personalized market insights and platform guidance via natural conversation to Club Members
Deployed
7 AI-powered Alpha Portfolios built on eToro's proprietary retail trading data
Deployed
Public API enables users and firms to build custom AI-powered dashboards and trading strategies on eToro data
Public.com
2,500+ Generated Assets created in first month; agentic brokerage roadmap for 2026
Deployed
Generated Assets
Announced
Agentic brokerage with conditional automated portfolio execution planned for 2026
Robinhood
Cortex AI — conversational portfolio intelligence
Piloting
Cortex Digests
Piloting
Natural language custom indicator builder and market scanning
Announced
Cortex as premium subscription tier ($5/month Gold add-on)
Wealthfront
0.25% fee, $500 minimum — algorithmic wealth at scale
Scaled
Fully automated 11-asset class portfolio management with continuous optimization
Scaled
Automated tax-loss harvesting and Roth conversion optimization
Arta.ai
3 AI agents, Bank of Singapore + multiple institutional partnerships
Piloting
AI Sidekick for institutional advisors — deploying at Bank of Singapore and others
Piloting
Investment Planner and Research Analyst AI agents for personalized wealth planning
Piloting
Convex optimization-based portfolio construction with AI agents
Savvy Wealth
$2B+ AUM (up 500% since early 2024); 19 hours/week reclaimed per advisor
Deployed
AI automation reclaims 19 hours/week per advisor via automated admin, compliance, and client prep
Deployed
Predictive real-time client intelligence with AI-personalized knowledge bases
Deployed
AI-powered RIA rollup model — acquiring advisors and converting them to AI-augmented practices
Altruist
$150B market sell-off on Hazel AI launch
Announced
Personalized tax strategy generation for advisors and clients
Announced
Hazel AI
LPL Financial
30,000+ advisors, expanded Anthropic partnership Feb 2026
Announced
Claude AI plugins deploying to 30,000+ LPL advisors
Announced
Compliance-governed AI plugin architecture for regulated environments
Conquest Planning
70% of Canadian advisors; 1.5M+ households; $80M Series B June 2025
Deployed
Four new AI-powered planning capabilities launched April 2025; advisors reduce planning time from hours to minutes
Deployed
AI scenario modeling and goal-based planning for 1.5M+ client households across 3 countries
Holistiplan
42% advisor adoption; 8,000+ firms; #1 tax planning tool 5 years running
Scaled
Holistiplan analyzes client tax returns in minutes using AI and OCR — identifying tax-saving opportunities that previously required a tax specialist
Scaled
Tax planning workflow automation integrated into CRM and meeting tools across 8,000+ advisory firms
Jump
27,000 advisors (1 in 10 US), $105M raised, 183 years of meetings processed
Scaled
Jump processes advisor-client meetings end-to-end
Deployed
Automated compliance documentation generation from advisor-client meetings
Nevis
$40M from Sequoia, ICONIQ, Ribbit; customers overseeing $50B+ AUA at launch
Piloting
Nevis captures meeting summaries, generates pre-meeting client briefs, auto-creates follow-up tasks, and sends personalized client emails
Piloting
AI-powered account opening and operational workflow automation for RIA practices
Zocks
5,000+ advisory firms; 1,000+ RIA firms since Feb 2024; $65M raised
Scaled
Zocks transcribes, summarizes, and automates follow-up for advisor-client meetings across 5,000+ firms
Deployed
Holistiplan tax data integration transforms meeting intelligence into tax planning action

Scaled

AI is core to operations at full institutional scale — measurable adoption across the firm, advisor network, or client base (tens of thousands of users, billions of interactions, or embedded in all client workflows). Efficiency or revenue impact is documented.

Deployed

AI capability is live in production with real clients or advisors, but not yet at full organizational scale. Rollout is underway or limited to specific regions, divisions, or user groups.

Piloting

A formal internal pilot or limited external trial is confirmed and underway. The capability is not yet generally available — a defined group of users is actively testing it in a controlled environment.

Announced

A public statement, press release, partnership signing, or product preview has confirmed intent. No live client or advisor access confirmed yet. Subject to revision as rollout evidence emerges.

No Activity

No public evidence of activity in this capability area as of the assessment date. Absence of evidence is not evidence of absence — some initiatives may be unannounced.

Ratings based on publicly available evidence as of March 2026. All assessments are directional — not investment advice.


8
at scaled
13
at deployed
4
at piloting
2
at announced