Did You Know About These 5 Finance AI Platforms for Wealth Building?

Artificial intelligence (AI) has revolutionized the finance industry, bringing a new level of speed and accuracy to financial decisions. In recent years, numerous AI platforms have emerged to change the way people invest, save and spend money. These platforms leverage advanced algorithms and machine-learning techniques to help users make informed financial decisions. In this article, Benzinga covers five AI finance platforms that you should know about. From robo-advisors that can manage your investments to chatbots that can help you with your personal finances, these platforms are making financial management more accessible, efficient and intuitive than ever before.

Magnifi: Investing Assistant

Magnifi is an online investment platform offering  an AI-powered investing assistant called Magnifi Personal. Magnifi Personal can help investors get started investing, or for more experienced investors, help them plan for life events, like college or retirement. Magnifi Personal can answer investing questions and identify and analyze specific investments  Magnifi Personal is powered by thousands of data points and uses advanced algorithms and machine learning to provide personalized investment recommendations based on a user's risk tolerance, investment goals and other criteria.

Magnifi Personal is part of Magnifi's suite of investment tools and services, which also includes access to real-time market data, research and analysis and a range of investment products. The platform offers a variety of educational resources, including webinars, articles and videos, to help users better understand the market and make informed investment decisions.

According to Magnifi's State of Personal Investing Q1 2023 report, more than 73% of Americans are planning to invest. More and more investors  are turning to online investment platforms like Magnifi to help them navigate the market. With its AI-powered investing assistant and intuitive platform, Magnifi provides users with the information and insights they need to invest confidently and achieve their financial goals.

AlphaSense: Market Intelligence Platform

AlphaSense is a market intelligence and search platform that provides insights from an extensive universe of public and private content, including company filings, event transcripts, news, trade journals and equity research. The platform uses AI-based technology to help professionals make smarter business decisions by delivering insights from a vast amount of data. According to the company website, AlphaSense's AI-based technology has been helping professionals since 2011 and has enabled them to gain deeper insights into their industries, customers and competitors. 

AlphaSense's AI-based technology uses these principles to analyze and process vast amounts of data, identify patterns and deliver insights to professionals. By using machine learning algorithms, AlphaSense's platform can identify the most relevant content and present it to users in a structured and organized way. This technology allows professionals to gain deeper insights into their industries, customers and competitors, helping them make smarter business decisions.

Entera: Real Estate Investing

Entera enables investors to buy, sell and manage single-family homes through its SaaS and expert services. The platform allows investors to access homes from on and off-market sources, providing them with a wide range of options to choose from. Entera's AI technology leverages machine learning algorithms to analyze market data and identify profitable investment opportunities in real estate.

The platform also offers expert services to guide investors throughout the investment process, from due diligence to property management. Entera's team of experts includes experienced real estate professionals, data scientists and software engineers who work together to provide investors with tailored investment strategies. Entera's AI-powered platform aims to simplify real estate investing and make it accessible to a broader range of investors.

Eno by Capital One: Finance Virtual Assistant 

Eno is a virtual assistant by Capital One that helps customers manage their finances in a simple and efficient way. Eno is a multitalented assistant fully integrated into the Capital One app and desktop site. It is equipped with a comprehensive fraud alert system that keeps users aware of their account activity. Eno serves as a chatbot that can answer basic questions, provide virtual card numbers for online shopping and make it easy to monitor increases in ongoing expenses. With Eno, customers can free up their to-do list and feel more in control of their finances.

One of the main advantages of using Eno is that it helps customers manage their finances without taking up too much of their time. Eno's AI technology analyzes account activity and provides customers with personalized insights to help them make informed financial decisions. Additionally, Eno can also send notifications to alert customers about suspicious account activity, allowing them to take action quickly to prevent potential fraud. Eno by Capital One is a powerful tool for customers who want to simplify their financial management and keep their accounts secure

Wealthfront: Financial Planning Service

Wealthfront is a robo-advisor that provides investment and financial planning services. It offers a cash account with a variable annual percentage yield (APY). Wealthfront charges a competitive management fee of 0.25% and provides tax-optimization services, making it a popular choice among robo-advisors. Wealthfront’s tools help keep your money on track, including a cash account with a high APY, zero commission stock buying and automated investing for long-term diversification.