{"id":738213,"date":"2026-07-02T04:07:11","date_gmt":"2026-07-02T04:07:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/738213\/"},"modified":"2026-07-02T04:07:11","modified_gmt":"2026-07-02T04:07:11","slug":"vestmark-opens-ai-research-center-for-wealth-tech","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/738213\/","title":{"rendered":"Vestmark Opens AI Research Center for Wealth Tech"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Wealth management technology provider Vestmark has opened the Center for AI Research and Development, a Boston-based facility dedicated to developing AI-enabled software solutions for wealth management.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Meant to expand on Vestmark\u2019s current AI and research and development capabilities, CARD will provide a hub for engineering, product development, experimentation and team growth. The center is designed to support Vestmark\u2019s advanced R&amp;D team, attract technology talent and accelerate development of capabilities across <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/alternative-investments\/vestmark-partners-with-icapital-blackrock-dynasty-to-add-private-markets-to-umas\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">portfolio management<\/a>, trading, <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/financial-technology\/vestmark-goes-live-with-direct-indexing\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">tax optimization<\/a> and advisor workflows.\u00a0<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cThe CARD extends that commitment by expanding our AI and R&amp;D capabilities and giving our teams a dedicated environment to grow, experiment and bring new solutions to market faster,\u201d Vestmark CEO Karl Roessner said in a statement.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">The opening builds on accelerated AI investment at Vestmark, <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/career-moves\/vestmark-names-cto-freedom-dumlao-chief-ai-officer\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">which recently appointed Freedom Dumlao as chief AI officer<\/a>, expanding his role as chief technology officer, and launched Vestmark Pulse under his leadership.<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/artificial-intelligence\/factset-invests-in-tifinai-partners-on-agentic-workflows\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">FactSet Invests in TIFIN.AI, Partners on Agentic Workflows<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Pulse is an AI intelligence platform that continuously monitors client portfolios, surfaces insights and helps wealth managers act within existing Vestmark workflows.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">The application, which Dumlao demonstrated live, <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/financial-technology\/bquest-wins-best-of-show-at-wealthstack-demo\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">recently won the Audience Choice Award at the annual Wealth Management EDGE conference<\/a> in Boca Raton, Fla.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cThe CARD gives our engineers and product teams a dedicated place to build, test, and accelerate the next generation of AI-enabled wealth technology,\u201d said Dumlao.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">According to the firm, Vestmark supports more than $2 trillion in assets, more than 5 million investor accounts and more than 72,000 financial advisors.<\/p>\n","protected":false},"excerpt":{"rendered":"Wealth management technology provider Vestmark has opened the Center for AI Research and Development, a Boston-based facility dedicated&hellip;\n","protected":false},"author":2,"featured_media":738214,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-738213","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/738213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=738213"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/738213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/738214"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=738213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=738213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=738213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}