Implementing AI Foundation Models in Asset Management: A Practical Guide

ADIA Lab Research Paper Series

Authors: Francesco A. Fabozzi, Marcos López de Prado

Date Published: November 2025

This article offers a hands-on, accessible guide to how asset management firms can adopt large language models (LLMs)—including foundation models—across research, operations, and client-facing functions. Rather than delving into technical detail, it emphasizes practical implementation approaches, effective prompting skills, policy design, and coordination across teams. Framed specifically around asset management use cases, the article serves as a resource for professionals and educators looking to deploy LLMs thoughtfully and productively throughout the investment process