TY - BOOK AU - Mirghaemi,Mahnoosh AU - Wendt,Karen ED - SpringerLink (Online service) TI - AI Technology in Wealth Management: Leveraging Technology to Transform Financial Strategies T2 - SpringerBriefs in Finance, SN - 9783031722233 AV - HG176.7 PY - 2024/// CY - Cham PB - Springer Nature Switzerland, Imprint: Springer KW - Financial engineering KW - Artificial intelligence KW - Business information services KW - Finance KW - Financial Technology and Innovation KW - Artificial Intelligence KW - IT in Business KW - Financial Economics N1 - -- Introduction to Wealth Management. -- Defining Wealth Management. -- Importance in Modern Financial Landscape. -- Traditional Wealth Management Practices. -- Emergence of AI in Wealth Management. -- How AI is Transforming Wealth Management. -- Data Analytics and Predictive Modeling. -- Automated Investment Platforms. -- Personalization and Customization. -- Enhancing Efficiency and Accuracy. -- Key Differences between Traditional and AI Wealth Management. -- Conclusion: Harnessing the Power of AI in Wealth Management. -- Glossary: Key Terms and Concepts in Wealth Management and AI. -- References: Suggested Readings and Resources N2 - This book explores AI technology in wealth management, including what it is, how it changes the wealth management and private banking landscape, its advantages, and how it democratizes wealth management. Specifically, this book investigates topics such as Hyper-personalized investment strategies Combined quantitative analysis with sentiment analysis to create prescriptive and predictive scenarios Expandable and transparent AI algorithms in wealth management Customer experience and client engagement Tailored financial content Providing a clear and concise description of how AI driven wealth management differs from traditional investing, asset management, and wealth management offering new opportunities for investing, this book is ideal for students, scholars, researchers and professionals interested in accessible wealth management applications for investing in the 21st century UR - https://doi.org/10.1007/978-3-031-72223-3 ER -