AI in wealth management: Why security cannot be an afterthought

The generative artificial intelligence (AI) wave has reached wealth management, and firms across the sector are exploring how large language models can streamline operations and enhance client service. But amid the excitement, a critical question remains underexplored: how should firms think about security when the technology itself operates in fundamentally new ways? Wealth managers are no strangers to rigorous vendor assessment, with data security, business continuity, and regulatory compliance representing established disciplines with mature frameworks. Yet generative AI introduce...