Financial Services Stocks Tank After Altruist’s AI Announcement

Financial Services Stocks Tank After Altruist’s AI Announcement

Topline After the announcement of an AI-powered tax planning tool that promises to personalize tax strategies “within minutes,” shares for wealth management services took a tumble on Wall Street. Key Facts Charles Schwab, Raymond James Financial and LPL Financial all slipped between 5% and 10% on Tuesday, with Bloomberg Intelligence analyst Neil Sipes connecting their
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