06.10.24

Morgan Stanley CEO Says AI Could Save Financial Advisors 10-15 Hours a Week

by: Niket Nishant and Tatiana Bautzer

The use of artificial intelligence (AI) could save Morgan Stanley's financial advisors up to 15 hours a week, CEO Ted Pick told investors at a conference. "This is potentially really game-changing," Pick said, adding that the bank's tool to transcribe and enter notes from client meetings into a database could boost advisors' productivity. It could also help advisors fine-tune topics to discuss with wealthy clients and tailor investment products to their needs, he added.

Read the full article on Reuters