SAN FRANCISCO, CA / ACCESSWIRE / February 16, 2023 / Advanced AI-powered technologies, such as ChatGPT, have significant impacts across industries, and the financial sector is no exception. With these technological advancements, business operations become better, faster, and more accurate. AI enables businesses in general to collect, manage and analyze enormous volumes of data and formulate plans and strategies with a competitive edge. When it comes to the financial and investment management industries, AI-powered technological solutions offer a number of potential benefits. They help investors and asset managers in making prudent investment decisions and wisely diversify their investment portfolios based on data-driven inputs. AlphaAI, a California-based, investment management company, seeks to leverage the advantages of such robust technologies for the benefit of its clients. By utilizing AI-powered solutions, the company democratizes access to robust investment strategies for every average investor beyond the Wall Street club of elites.
The world of Wall Street is a very private club: Only the wealthiest people get access to the best strategies for hitting it big. Most financial advisors require a minimum of $100,000 in assets to be eligible for their services. Relying on these advisors can be beneficial only for those who have the money for it, but many Americans wishing to get consistently profitable returns are unable to access this expensive assistance. AlphaAI's aim is to make this opportunity available to every average investor in the country.
Automated investment advisors, or robo-advisors, with their official launch in 2008, changed the game with the automation of the portfolio construction process. Although this was a huge breakthrough in the field of investment, times and technology have changed. Robo-advisors aided investors by streamlining the passive investment process, but the average investor still didn't have access to the more sophisticated, actively managed strategies available on Wall Street. Therefore, with the advancement of AI technology, AlphaAI is focusing on enabling those who do not have Wall Street Knowledge to gain access to alternative investing strategies.
Several companies offer differing automated investment services, but AlphaAI Capital is relatively new on the scene but is making waves for its active management style and flexible options for customers.
AlphaAI Capital focuses on alternative investing strategies. Such strategies use long and short positions to reduce risk and limit potential losses. AlphaAI Capital combines alternative investing strategies with techniques such as automated risk management and downside protection to deliver consistent, risk-adjusted returns, regardless of market conditions.Since inception, AlphaAI Capital has outperformed the majority of similar strategies on Wall Street. In 2022 alone, AlphaAI's clients outperformed the S&P 500 by more than 5%, on average, with 30% less risk.
Advisors and investors alike will continue to have their opinions on what methods deliver the best results, but over time, as a society, we will see more solid data on what practices should be abandoned and which should be developed more. Technology isn't going away and it will continue to become smarter every day, so we must be open to thinking critically and adapting to the changes it brings.
The Founder of the company, Richard Sun worked in finance right out of college. He was an investment banker at Barclays, then worked as a hedge fund analyst investing in stocks. He eventually left his job on Wall Street and created AI technology that could do his previous work through automation.
Commenting on his inspiration to start the business, Richard says, "Friends and family were always asking me the same types of questions about investing. What should I invest in? What do you think the market is going to do? What stocks should I buy? I wanted to recommend a service to help them but the ones on the market were either not accessible due to funding issues or not relevant to their specific needs, which is the reason I created AlphaAI."
About AlphaAI Capital:
AlphaAI Capital is an investment management company that provides AI-powered alternative investing strategies. AlphaAI Capital was founded in 2021 by investment professional Richard Sun. The company's headquarters are in San Francisco, California, USA.
Media Contact:
Name: Richard Sun
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SOURCE: AlphaAI Capital