advisers

Tether CEO Paolo Ardoino says Tether's target of raising $15B to $20B was a “misconception”; sources say Tether's advisers have floated raising as little as $5B

CEO Paolo Ardoino downplays the scale of $185bn stablecoin group's capital raise  —  Tether's chief executive …

Zocks, which offers an AI assistant for financial advisers, raised a $45M Series B co-led by Lightspeed and QED Investors, taking its total funding to $65M

Zocks, which offers an AI assistant for financial advisers, raised a $45M Series B co-led by Lightspeed and QED Investors, taking its total funding to $65M

Nevis, which develops AI agents to automate wealth advisers' grunt work, raised a $35M Series A from Sequoia and others at a $200M valuation, after a $5M seed

Many companies are trying to replace wealth advisers with artificial intelligence, but Mark Swan's bet is that humans are here to stay.

Sources: consultancies like McKinsey froze graduate pay offers for 2026, the third consecutive year, as AI reshapes the industry and threatens its pyramid model

Productivity gains from technology are spurring debate about reliance on large numbers of junior advisers

Sources: Trump decided not to discuss Nvidia's AI chip exports to China during his October 30 meeting with Xi Jinping following opposition from his top advisers

Wall Street Journal :

Core Scientific shareholders vote to reject a $9B takeover bid by CoreWeave that proxy advisers said undervalued the data center company

Dina Bass / Bloomberg :

Inside OpenAI's deals with Nvidia, Oracle, and AMD, where sources say Sam Altman largely relied on his executive team, with little input from outside advisors

www.ft.com/content/967b...  [image] Forums: r/AMD_Stock : OpenAI shunned advisers on $1.5tn of deals

Aboon, an AI-powered platform for financial advisers to help business owners launch and manage 401(k) plans, raised a $17.5M seed led by Bain Capital Ventures

Davis Janowski / WealthManagement.com :

Sources: several xAI execs left after clashing with two of Musk's closest advisers over concerns about unrealistic financial projections and xAI's management

Some who left say they were concerned about the artificial intelligence company's financial projections