Founder & CEO
Verapath
Alec Crawford is the Founder and CEO of Verapath (incorporated as Artificial Intelligence Risk, Inc in July, 2023). Verapath is the cohesive software platform that brings control and confidence to community banks, credit unions, wealth and asset managers. Verapath provides customizable AI tools, centralized oversight of all AI activity, ownership of your data, and the freedom to use any AI model within your secure environment. More than just technology, Verapath delivers the gold standard in AI governance, risk management, compliance, and cybersecurity—designed specifically for regulated financial institutions. We deliver safe adoption, secure innovation, and trust you can verify.
Alec has been working with AI for decades, starting by designing and building neural networks from scratch at Harvard College. Alec is an AI and risk management thought leader, writing a blog and newsletter here, and interviewing high profile guests in AI, cybersecurity, and policy on his top 1% podcast AI Risk-Reward here. He has numerous white papers on AI and is under contract with Macmillan to write a book on risk management of AI to be published at the end of 2026.
Previously, Alec was Partner and Chief Investment Risk Officer at Lord, Abbett & Co. LLC. He remains a Limited Partner of Lord Abbett. Alec has worked in the financial services industry since 1988, including as Managing Director and Global Head of Risk at Ziff Brothers Investments, as well as senior roles at Goldman Sachs, Deutsche Bank and Morgan Stanley. Alec graduated Magna Cum Laude with Highest Honors in Computer Science from Harvard College, the top graduate in the department.
The first wave of AI in wealth management has focused on adding intelligence to the technology firms already use. But as AI becomes more capable, governed, and connected across enterprise data and systems, a bigger question is emerging: how does AI begin to change the WealthTech stack itself?
In this Lunch & Learn, Verapath Founder & CEO Alec Crawford will explore how AI is moving from assisting users to executing work across systems and ultimately transforming technology capabilities themselves. He will introduce a practical method for evolving the stack over time: keep what works, transform where it makes sense, validate each capability, and retire external applications only when the firm is ready.
Attendees will leave with a new framework for thinking about technology strategy, vendor relationships, and the future architecture of the wealth management firm.