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Morgan Stanley Is Letting AI Agents Handle Wealth Management Tasks
CNBC·Sunday, 7 June 2026
Morgan Stanley is opening up its wealth management platform to external AI agents — software that can make decisions and take actions on its own. It's one of the first major Wall Street banks to do this. The move could change how financial advice is delivered to the bank's rich clients.
Why It Matters
This is a big signal that AI is moving from hype to actual use inside the financial system. If it works, it could pressure human financial advisors and reshape the industry.
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