Whittier Trust says AI is already improving wealth-management efficiency by speeding research, summarizing planning tools and helping advisors spend more time on strategy instead of information gathering.
That gain has limits for ultra-high-net-worth families, where the harder task is judging whether a strategy fits long-term goals, tax needs, governance structures and family values.
Complex plans often span trusts, businesses, philanthropy, estate strategies and 2nd- and 3rd-generation family members, requiring coordination and buy-in that software cannot deliver on its own.
The firm argues advisors remain central because they also align attorneys, accountants, insurers and investment specialists, then help families stay with a plan when markets, tax laws or personal circumstances change.