{"slug": "wealth-managers-cut-fees-to-win-ais-paper-millionaires", "title": "Wealth managers cut fees to win AI’s paper millionaires", "summary": "Wealth managers are cutting fees to attract equity-rich employees of Anthropic and OpenAI, whose paper wealth from AI-driven stock gains is shifting negotiating power toward clients, according to the Financial Times.", "body_md": "# Wealth managers cut fees to win AI’s paper millionaires\n\nSource:\n\n[Financial Times Technology](https://www.ft.com/technology)The rise of equity-rich tech workers at\n\n[Anthropic](/glossary/anthropic)and[OpenAI](/glossary/openai)is shifting negotiating power towards clientsGet AI news in your inbox\n\nDaily digest of what matters in AI.", "url": "https://wpnews.pro/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires", "canonical_source": "https://www.machinebrief.com/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires-vfoa", "published_at": "2026-08-13 04:00:04+00:00", "updated_at": "2026-08-13 04:41:07.743353+00:00", "lang": "en", "topics": ["artificial-intelligence"], "entities": ["Anthropic", "OpenAI", "Financial Times"], "alternates": {"html": "https://wpnews.pro/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires", "markdown": "https://wpnews.pro/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires.md", "text": "https://wpnews.pro/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires.txt", "jsonld": "https://wpnews.pro/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires.jsonld"}}