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Morgan Stanley CEO says AI could save financial advisers 10-15 hours a week

NEW YORK, June 10 (Reuters) – The use of artificial intelligence (AI) could save Morgan Stanley’s (MS.N), opens new tab financial advisers between 10 and 15 hours a week, the bank’s CEO Ted Pick told investors at a conference on Monday.
“This is potentially really game-changing,” Pick said, adding that the bank’s tool to transcribe and enter notes from client meetings into a database could boost advisers’ productivity.
It could also help advisers fine-tune topics to discuss with wealthy clients and tailor investment products to their needs, he said.
Source: REUTER

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