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LPL Financial Addresses Growing Advisor Interest In AI

by The Wealth Advisor Contributor
LPL Financial addressed growing advisor interest in artificial intelligence during its first-quarter earnings discussion, particularly in light of market reactions earlier this year that raised questions about how emerging AI capabilities could reshape the competitive landscape for RIAs. The conversation followed a notable selloff in traditional wealth management stocks in early February, which many market participants linked to the introduction of AI-driven planning tools from firms such as Altruist, including its tax planning solution.

Featured

Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy

Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimat

Templeton Manager: Why Client Portfolios Need Emerging Markets

Emerging markets (EMs) may be entering a more durable period of outperformance, according to Andrew Ness, who argues that structural shifts in the global economy are tilting the balance away from developed markets.

'Magnificent 7' Earnings Rush Reveals AI Spending Surge, With Hyperscaler Capex Set To Reach $725 Billion In 2026

(Yahoo! Finance) - The biggest companies making the biggest artificial intelligence investments signaled Wednesday that they’re not done raising their investment ambitions to meet this moment.

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Fintech Upstart Says It Received SEC Subpoena on AI Model, Loans

Financial technology lender Upstart Holdings Inc. has been subpoenaed by Wall Street’s main regulator about disclosures, including AI models and loans

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