RIA's AI adoption more than doubles but still in early stages: Schwab study
A Schwab study found that AI adoption among Registered Investment Advisers (RIAs) has more than doubled since 2023, with 63% now using AI tools. Despite this increase, most firms are still in the early stages of adoption, primarily using AI for administrative tasks like note-taking and email drafting. The study involved 533 RIAs and highlighted AI's transformative impact on the sector.
https://www.structuredretailproducts.com/insights/82442/rias-ai-adoption-more-than-doubles-but-still-in-early-stages-schwab-study