AI Street

AI Street

Arta CIO Chirag Yagnik on AI-Powered Wealth Management

Matt Robinson's avatar
Matt Robinson
Oct 30, 2024
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INTERVIEW

Arta Finance, an AI-driven wealth management startup founded by former Google employees, aims to democratize financial strategies once reserved for the ultra-wealthy.

With over $90 million raised from top VCs and 140+ angel investors, including former Google CEO Eric Schmidt, Arta has gained traction among tech professionals from Apple to Stripe.

This month, former UBS CEO Ralph Hamers joined as advisor, and the company launched its patent-pending AI Copilot for enhanced portfolio management outside of the US.

Arta manages hundreds of millions in assets since launching in the U.S. in October 2023 and earlier this month, opened internationally in Singapore.

AI Street spoke with co-founder Chirag Yagnik, whose expertise spans mathematics, quantitative finance, and technology. Our discussion covers:

  • Chirag's journey from DRW's autonomous trading to Google Research

  • Arta's mission to serve those with $500K-$25 million in assets

  • Innovations in robo-advisors, direct indexing, and quant str…

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