Wealthfront Turns To Artificial Intelligence To Improve Robo Advice

Wealthfront Turns To Artificial Intelligence To Improve Robo Advice

On Thursday, Wealthfront CEO Adam Nash revealed what he calls Wealthfront 3.0, the latest version of the automated investment advisor built for increased artificial intelligence and the integration of modern application program interfaces (APIs). Nash believes AI could have an even bigger impact on the financial services industry than automated advice. On the Wealthfront blog, Nash said the “entire fabric of the financial system will be rethought, redefined and rewired,” and he says the time to start preparing for that future is now. “We are entering the realm of building our platform for the future,” Nash told WealthManagement.com. “[We have] a huge opportunity to deliver financial advice that’s deeply personalized and relevant while getting a platform in place for AI’s increasing role.” In addition to looking for fees, tax loss…


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