There’s no shortage of industries grappling with the implications of increasingly capable artificial intelligence and its impact on their workplace, and money management is proving no exception. But financial advisors in Los Angeles are confident the programs will revolutionize their jobs, not replace them.
That may mean getting more familiar with Roger, an AI software launched on June 15 by Beverly Hills-based fintech company Tiblio Inc. The company says its Tiblio AI is “the first and only AI-powered options income assistant” on the market capable of automating investors’ options strategies.
Chief Executive Kevin Hamilton said the Tiblio AI is already advanced enough to provide the average investor with professional-level returns. Instead of having to worry about the minutiae of each individual trade, Hamilton said, Tiblio AI puts retail investors in the position of portfolio manager.
“Tiblio AI’s the first that will actually submit orders for you and do so correctly, and they make sure they get executed,” said Hamilton.
Read the full coverage: Embracing AI: No Fear of the New Tech
