Bloomberg: Wealth managers, who can make upwards of $500,000, are confronting a chatbot reckoning.
…A growing share of people say they trust AI enough to provide financial advice—and many are even using it to make investment decisions. Meanwhile, each day seems to bring a new AI-powered tool from a big bank, fintech app or well-funded startup that promises to democratize wealth-building. The pitch from one of them: “Make Claude manage your money.”…