Nina Henderson
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When it comes to embracing generative AI, the fintech industry, and financial advisors in particular, have been surprisingly quiet. However, Vise is here to change that. Despite facing challenges in recent years, the New York City fintech company is making a comeback with the launch of its new AI service, Vise Intelligence. This conversational AI model is designed to support human financial advisors by providing them with reports, answering their questions, and delivering up-to-date information about investment portfolios to discuss with their clients.
According to Samir Vasavada, CEO and co-founder of Vise, using artificial intelligence to assist financial advisors will lead to better investment outcomes for clients and make financial advisors more accessible to a wider range of people. With Vise Intelligence, financial advisors can prompt the AI assistant with specific client concerns, and the assistant will provide relevant information, suggest adjustments to the client’s portfolio, and even draft emails to communicate changes in investment strategy.
Where AI and fintech collide
Vise Intelligence is built on cutting-edge large language models, incorporating market data and individual client information. The AI model is trained on tens of thousands of data points from the market and combines that with each client’s specific portfolio and financial goals. The result is a tailored AI assistant that can provide insights and recommendations to financial advisors, allowing them to better serve their clients.
