Artificial Intelligence is Changing Investing, Risk Management, and Financial Decision Making

Artificial Intelligence, commonly referred to as AI, can process massive amounts of data, recognize trends, and make incredibly accurate predictions. When a data model makes a prediction or recommendation, it is up to the humans on the other side to decide whether they agree with that recommendation and take action accordingly.

At Hewwest, your portfolio will be actively managed by our team of experts, but with the help of artificial intelligence and other data-related tools, our experts will have more visibility into the decision-making process. In the end, it’s a win for everyone.

AI models can also help identify potential risks, serving as an extra layer of protection for your portfolio. By monitoring financial patterns and market trends, these digital tools can spot issues before they arise, giving our teams a chance to get ahead of obstacles and protect your finances.

In the industry, we see two reactions to digital tools: fear and acceptance. The finance experts that view these tools with fear are missing out on an opportunity to do more, make better decisions, and serve their clients with never-before-seen accuracy. At Hewwest, we see these tools as supplemental advantages for our teams and our clients. Will they replace our incredible experts on staff? No, but they will provide more information for us to use when making important decisions.

Aside from producing more favorable financial outcomes, AI can make it easier for our clients to access account information, execute trades, and learn more about the landscape of their own portfolios. As we move forward into a digital financial landscape, learning how to wield these tools will serve us all much better than trying to ignore them.