By Sukanya Ganesh — Nov 6, 2023

💰 Revolutionizing Asset Management

Vise leverages AI to innovate asset management, offering financial advisors AI-powered tools for personalized portfolio creation and management.

Photo by Austin Distel / Unsplash

Today's Highlights

Vise - a new wave of asset management

AI Events - upcoming events in the AI world

In Other News - a few interesting developments we're tracking

Vise - a new wave of asset management

With the integration of artificial intelligence (AI), Vise is a platform for asset management that is transforming the way financial advisers create, oversee, and describe individualized investment portfolios for their customers. The platform wants to provide independent financial advisors access to strong AI capabilities that offer data and analysis on par with that of advisory with in-house analyst departments.

By utilizing AI, Vise's technology is intended to automate the financial advisors' investment management process. Their full-stack platform addresses every stage of the advisor-client relationship lifecycle, from building customized investment portfolios to continuously managing and adjusting them to meet the goals and needs of each unique client.

Vise, a privately held company with more than 100 workers, has successfully raised funding through a Series C funding round to demonstrate its intention and investment. The financial sector is interested in using AI to improve the skills of financial advisors and the services they can provide to their clients, as seen by the amount of money provided.

Through the use of cutting-edge technology, the company hopes to increase the efficiency and accessibility of investment management, enabling financial advisers to provide their clients with customized, data-driven advice and portfolio management. This service is becoming more and more valuable in a market where using big data and personalization are important differentiators.

Vise was founded in 2016 by Runik Mehrotra and Samir Vasavada. The company has raised $128 million to date.