AI can help manage your money, but it can’t do it all

Financial Post
September 21, 2024.

In an article with the Financial Post, Alexandra Horwood, Portfolio Manager, Investment Advisor at Richardson Wealth assesses the role of AI in the wealth management industry and asks: will AI enhance the human touch in wealth management or render it redundant?

She cautions that while AI can provide cold, calculated solutions, many people need an advisor who understands their concerns to counsel them in making the best decisions to achieve their long-term goals.

Related articles

2024

Why mentorship is crucial as more wealth advisors prepare to retire

September 25, 2024 - Christina Clement, Vice President of Practice Growth and Execution at Richardson Wealth shares the tremendous tangible benefits that mentorship offers.

1 minute read

2024

Balancing Act: Financial planning for women in the sandwich generation

Richardson Wealth is proud to sponsor Balancing Act: Financial planning for women in the sandwich generation, a free virtual event presented by The Globe and…

1 minute read

2024

Patience is a virtue where returns are concerned

September 16, 2024 - Joelle Hall highlights that understanding your risk tolerance and focusing on long-term goals can help manage market ups and downs.

1 minute read