Wealth Management Sector Faces AI Questions

Lakewood Capital Bets Against One Of Chinese Richest Billionaires

There’s a lot of noise about how Robo-Advice is going to disrupt the wealth management sector. Indeed, the UK’s FCA received over 40 applications last year to use automated wealth solutions of one sort or another. Many Robo-Advisors tout some level of machine intelligence to foster results, but really offer a generic, pre-set portfolio of three…