April 2024
MyFOTech recently hosted a roundtable to discuss AI’s impact on family office operations, client interactions, and crucial data security and privacy issues. The event featured leaders and technologists from prominent US-based multi-family offices.
We're sharing key insights from the discussion and invite ongoing dialogue. If you’re interested in participating in our future private roundtables, please sign up below. The article is free to read for registered MyFOTech members.
Background
The artificial intelligence revolution is transforming every industry including family offices. Traditionally slow to adopt new technology, the complex nature of managing family wealth makes it an interesting opportunity for AI tools to simplify tasks for both service providers and clients. Some family offices and many tech providers have started implementing AI into their processes and solutions, but challenges abound. There’s a need to share insights and perspectives to identify best practice and help all those involved.