Wealth Manager Stocks Sink as Investors Flee AI’s Next Casualty
Yahoo Finance·2026-02-10 19:11
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice. The innovation puts the wealth-management industry in the crosshairs of AI competition, the way it did for software stocks and private credit firms last week and  ...