The future of Wall Street is here as startups and brokers build AI agents to trade 24/7
Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by...
Key points
- Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by humans.
- it goes away from just being able to research something by yourself and then make up your own ideas and then trade the way you've traded where it's now becoming automated and where AI agents can actually execute investment strategies on your behalf," said Leif Abraham, Public's co-founder and co-CEO.
- A retail investor who currently trades roughly twice a month could eventually trade 20 times a day under an agentic model, he said.
- From ChatGPT to investing agents While Wall Street is building agentic investing tools, retail investors have spent the past three years testing what general purpose AI can do.
What happened
More photos
Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by humans. it goes away from just being able to research something by yourself and then make up your own ideas and then trade the way you've traded where it's now becoming automated and where AI agents can actually execute investment strategies on your behalf," said Leif Abraham, Public's co-founder and co-CEO. A retail investor who currently trades roughly twice a month could eventually trade 20 times a day under an agentic model, he said. From ChatGPT to investing agents While Wall Street is building agentic investing tools, retail investors have spent the past three years testing what general purpose AI can do. Instead, he said he "was just losing money consistently." "I think if you're using it for an automated system or relying on an agent to do it for you, you probably want a professional," he said. An AI agent can faithfully follow instructions and still produce an outcome the investor never intended.