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AI is coming for wealth management

https://www.ft.com/content/c27c478a-3e59-441a-a4db-f42d68dce5af?segmentId=6a011fbf-589d-bc42-ad70-2c406dd64285

J.P. Morgan Asset Management Announces SmartRetirement Lifetime Income℠

https://www.prnewswire.com/news-releases/jp-morgan-asset-management-announces-smartretirement-lifetime-income-302223775.html

BlackRock’s 2024 Read on Retirement report shows more respondents feel on track for retirement (68%) than last year (56%), but a closer look at the data reveals some big confidence gaps and uncertainty around saving and spending.

https://www.thinkadvisor.com/2024/07/10/8-big-retirement-planning-gaps-despite-rising-confidence/

Only 26% of Americans Have an Estate Plan. 

https://www.thinkadvisor.com/2024/04/23/only-26-of-americans-have-an-estate-plan/

More than one-quarter of Americans have nothing saved for retirement...

https://www.financial-planning.com/news/28-of-americans-have-no-retirement-savings

New Merrill Portfolios Designed to Provide BofA Clients Predictable Income in Retirement

https://newsroom.bankofamerica.com/content/newsroom/press-releases/2024/03/new-merrill-portfolios-designed-to-provide-bofa-clients-predicta.html 

Moneyhub offers a interactive sandbox to provide a demonstration of how the pensions dashboard ecosystem will work and what a commercial pensions dashboard could look like...

For the second consecutive year, U.S. annuity sales set an all-time record high, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey, representing 83% of the total U.S. annuity market.

Powered by unprecedented fixed annuity sales, total annuity sales were $385 billion in 2023, 23% higher than the record set in 2022.

TIFIN, Franklin Templeton To Launch TIFIN @Work. The AI-powered employee financial wellness platform is meant to help small- to mid-sized advisors gain traction in the retirement plan market.

Recent advances in AI have allowed investors to automate some of the traditionally labor-intensive components of thematic investing. Depending on the investment style, AI can automate two major areas of this process. Find more at Deutsche Bank Research