# Wealth managers cut fees to win AI’s paper millionaires

> Source: <https://www.machinebrief.com/news/wealth-managers-cut-fees-to-win-ais-paper-millionaires-vfoa>
> Published: 2026-08-13 04:00:04+00:00

# Wealth managers cut fees to win AI’s paper millionaires

Source:

[Financial Times Technology](https://www.ft.com/technology)The rise of equity-rich tech workers at

[Anthropic](/glossary/anthropic)and[OpenAI](/glossary/openai)is shifting negotiating power towards clientsGet AI news in your inbox

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