Updated
Updated · InvestmentNews · Jun 24
Humanity Labs Hires Dimple Shah to Lead Wealth AI Push as 63% of RIAs Already Use AI
Updated
Updated · InvestmentNews · Jun 24

Humanity Labs Hires Dimple Shah to Lead Wealth AI Push as 63% of RIAs Already Use AI

3 articles · Updated · InvestmentNews · Jun 24

Summary

  • Dimple Shah, a former Osaic executive, joined Humanity Labs in the newly created managing director, wealth role to help expand the firm's AI business with advisory firms.
  • Humanity Labs said Shah will work with its engagement team to deepen partner relationships and identify high-impact uses for its AI Workforce across operations, client service and growth.
  • 63% of independent RIAs were using AI in some capacity in late 2025, Schwab Advisor Services found, more than double 2023 levels and a sign of rising demand the company is targeting.
  • Adoption is still shallow in more advanced uses: Orion's February survey found only 6% of advisory firms use agentic workflows and 5% have implemented cross-system AI integration.
  • That gap supports Humanity Labs' pitch for embedded AI that works inside existing systems on tasks such as onboarding, compliance review, reporting, billing and M&A support.

Insights

With AI automating advisor workflows, is the 'human touch' becoming a luxury few firms can afford?
As AI manages client wealth, who is legally responsible when the algorithm makes a costly mistake?