The Deep View: AI brings wealth building to non billionaires

Posted on December 30, 2025 by michelleclarke2015
AI brings wealth building to non-millionaires



The wealth management business is pretty simple: Help clients manage their finances in exchange for a fee, which is often based on the client’s assets under management. The problem with this setup, according to Joe Percoco, co-founder of investment management startup Titan, is that it incentivizes wealth managers to take on only high-net-worth clients, leaving wealth management services out of reach for younger or less wealthy people (wealth management account minimums can run into the millions).

But AI can give wealth managers “super powers,” making it feasible to service more than just wealthy customers, Percoco said. AI can handle the client life cycle by collecting client information, understanding the client’s situation, considering solutions, and making recommendations. These efficiency gains could unlock the kind of broad access typically available only through brokerages, rather than registered investment advisors (RIAs). “The tools of AI actually enable that to truly democratize for the first time ever, meaning a kid coming out of college can actually have the same quality of advice, capabilities, and price point of a Goldman Sachs private wealth manager,” Percoco said. Still, Percoco doesn’t foresee the human being taken out of the equation.“We’re not too optimistic of people who just throw AI slop at, in theory, one of the highest trust use cases in all of consumer [business],” Percoco said. “We actually don’t believe that’s gonna work, nor do we think the capabilities are there for consumers to truly trust it.” The question, for Percoco, isn’t whether a human will be the one managing clients’ wealth. The question is how many clients can each human take on — 100 or 5,000? Titan’s vision of modernized wealth management earned it the backing of the venture capital firm Andreessen Horowitz. And fellow VC giant Sequoia recently bet on another AI wealth management firm, Nevis. Vertical AI startups have taken off in the legal and medical worlds, and a race is shaping up in the personal finance vertical.
 
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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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