Michael Schulman on AI, manager selection and the next big wealth opportunities

The Private Capital Call podcast series features conversations with top decision-makers in asset management, institutional and private wealth investing.

This month, we’re excited to welcome Michael Ashley Schulman CFA, Partner and Chief Investment Officer at Running Point, a multifamily office offering personalized financial services including investment management, estates and trusts, tax, and insurance. Michael leads Running Point’s global investment strategies and impact assessments across public and private markets and brings 20+ years of experience managing institutional and high-net-worth portfolios across fixed income, equities, hedge funds, real estate, and private investments.

In this episode (listen time: 31 minutes), Michael shares his perspective on today’s market environment and where he sees AI-driven investment opportunities emerging. He also discusses how he helps high-net-worth and private wealth clients navigate market uncertainty, his approach to selecting investment managers, his biggest surprise so far in 2025 and where he sees the most compelling opportunities across the wealth channel next.