Hong Kong-listed DL Holdings Group is launching an artificial intelligence-based platform to further bolster its family office offering.
DL Holdings is introducing a «global AI family office», according to a statement, building on top of its existing digital family office.
The firm is building a «decentralized AI platform based on large models and big data, which will become the underlying logic and new architecture for the future development of family office and the wealth management industry». This platform is expected to liberalize access to family office capabilities beyond just the world’s richest.
«Previously, family office services were exclusive to ultra-high net worth clients,» said DL Holdings chairman Andy Chen. «However, in the era of artificial intelligence, individuals from all walks of life can now have their own family offices, enabling them to enhance their financial investment capabilities and strive towards self-improvement.»
R&D Stage
DL Holdings’ AI family office system is based on DL-GPT API and is currently in the research and development stage. A full launch is expected in January 2024.
DL Holdings has been active in tech-relative initiatives this year with the launch of DL Institute For New Economic Research, the digital family office and a global AI business department.
Headquartered and listed in Hong Kong, DL Holdings is a financial firm that offers services in investment banking, securities trading, financial advisory, fund management, investment research and financial loans. The group currently has over $3 billion in assets under management, including nearly $2.1 billion from DL Family Office.