Raymond James Financial this week joined a growing number of companies in the industry, including financial services firms, to add a major artificial intelligence official to his C-SUITE.
The firm promoted Stuart Feld in the newly created post. Speaking forward, he will serve as the firm's main architect and will oversee the development and setting of technology for councilor and client-related goals.
Feld joins Swatee Singh Tiaa, Andrew Chin of Alliancebernstein, and Anderson Monken of the Federal Reserve Board, among other things, in the title.
Feld, an industry veteran, has been with Raymond James for nearly seven years and has served in prudent technological leadership roles, UBS Management of American Asset and JP Morgan Chase.
In the statement announcing the promotion, CEO Paul Shoukry said the new technology would focus on several main areas, including improvement of service (both inside and for clients), automating advisory tasks and generating and applying mirrors and analyties based on data to personalize client councils.
Using he is not new in Raymond Jameswith the firm that used machinery teaching in the areas of electronic communication review and compliance, internet security and monitoring of operations for several years.
For example, the firm supported its application for opportunities at the end of 2022, which uses machinery teaching and analytics to help councilors identify future best actions for clients.
“Our philosophy is to grow, not replace, human touch by reducing the administrative load and empowerment of associates and advisers to better serve their customers,” Feld said in a statement, which also noted that all firm funds were developed in collaboration with the company's technology advisory council and only with practical, real -world applications.
In general, the numbers for the main officers of it are difficult to come. At the end of 2023, the study of his advantages, Foundry, part of the Idg publisher, found that 11% of the averages for large organizations already had a CAO, while 21% were actively looking for one. The study surveyed 965 IT decision makers around the world (half from North America).
A June 2024 survey of 1,808 executive leaders from the Gartner research firm revealed that while just over half of their organizations had a leader whose role included him, only 12% said those leaders had the title of Cai.