Marty Bicknell commits $175 million to install 700 ‘AI’ bots to revolutionize RIA automation; the gamble isn’t AI but whether advisors, clients, staff and leadership will embrace the change, analyst says
Irony of automation: AI agent risk to RIAs Analysts caution that AI agents come with one major flaw: they can destroy an RIA’s training processes, unless principals act. “As each agent replaces new hires in customer service and the associate advisory team, the traditional growth model of training the next generation by having them do…