With artificial intelligence (AI) platforms such as ChatGPT becoming more prominent, one question on wealth manager’s minds is how will this affect the industry.

As with any sector, there will be “players” more willing or eager to adopt AI and others that will be more conservative, Mario Cohn, managing director for Zedra in Switzerland, notes.

Many wealth management firms have already adopted AI in some form.

“Almost every technology team in wealth managem...