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Morningstar rolls out agentic AI platform built on its research
Launch of Direct AI follows a model portfolio tie-up with Envestnet as advisors juggle AI adoption and private-market due diligence.
Summary as published by InvestmentNews
More on Envestnet
Envestnet hub →RIABiz · Sep 11, 11:42 AM ET
CEO Jason Wenk says Altruist's AI 'Hazel' is ready for its second act, a financial planning service that will blow away the market with one big caveat -- advisors must be ready to provide PDFs, if rivals refuse API accessRIABiz · Sep 10, 8:51 AM ET
Bain Capital (mostly) funds Envestnet buy of Vestmark to surpass $10 trillion and define 'adaptive modularity' strategy, leaving Orion a clear RIA lane
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