Overview
- Scalable launched its new Agentic Investing feature on Tuesday, August 25, 2026, allowing assistants such as ChatGPT, Claude and Grok to connect to customer accounts.
- The system uses the Model Context Protocol (MCP) and a command‑line option to give external and local models structured access to portfolio data, market prices, watchlists and analysis tools.
- Connected AIs can read holdings, transaction history and real‑time prices and can prepare orders, alerts and portfolio analyses, but every trade requires the customer’s explicit confirmation and two‑factor authentication.
- Scalable says the bank will present required pre‑trade cost and risk disclosures, will not execute payments through the AI interface, and warns that AI outputs are not its investment advice and may be limited by the AI providers.
- The rollout could shift how customers interact with brokers by delegating front‑end choice to third‑party assistants, while raising questions about security, authentication, liability and whether AI agents will actually improve returns or mainly increase automated trading.