Yesterday we announced our SEC-registered AI Advisor. It's an interesting, novel product that required some fairly complex legal work to be able to launch. Let's discuss,
To make this happen, we registered an entity with the SEC that's permitted to offer advisory services. The Advisor is non-discretionary, so it makes suggestions, but the user confirms every trade. And the LLMs underlying the Advisor are powered by guidance from financial professionals. You can read more about this here: adviserinfo.sec.gov/firm/summary/3…
So when users sign up, they do a short questionnaire so it can understand them, what they want to achieve, and what their risk tolerance is.
Once users complete onboarding, the Advisor looks through your portfolio to offer suggestions based on what you actually hold. Those are generated by LLMs that are informed by everything above - guidance from financial professionals, the user's portfolio, the user's risk profile, and market information - and run inside built-in safeguards that shape the outputs.
It's early, but it's very cool. This is the future of affordable and better financial advice for all.
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.