AI in Wealth Management: How LotusDew is transforming investment advisory

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AI in Wealth Management: How LotusDew is transforming investment advisory - YourStory

Quick Summary:

LotusDew is a tech-driven wealth management platform that automates stock analysis and portfolio creation using AI and ML.

The startup says its tech-focused model has resulted in 54% annualised returns over five years, attracting over 25,000 lifetime customers, and a 200X increase in assets under management in three years.

Artificial intelligence (AI) is penetrating every sphere of existence, including stock trading where it is taking on the role of registered investment advisors (RIAs), analysing market trends, and predicting price movements.