翻訳待ち：An Emerging Retail Portfolio Management Application: Personalized, Tax-Aware Reinforcement Learning with Natural Language Goals

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--> [Submitted on 5 Aug 2026] Title:An Emerging Retail Portfolio Management Application: Personalized, Tax-Aware Reinforcement Learning with Natural Language Goals View a PDF of the paper titled An Emerging Retail Portfolio Management Application: Personalized, Tax-Aware Reinforcement Learning with Natural Language Goals, by Ramin Pishehvar View PDF HTML (experimental) Abstract:Retail investors lack access to the kind of personalized, tax-aware portfolio management that institutional clients take for granted -- existing robo-advisors use static, rule-based allocation, and institutional-grade systems require account minimums and technology stacks unavailable to individual investors. We present a fully built, integration-tested application that closes this gap: a FastAPI backend and web dashboard that let a user describe an investment goal in plain language (e.g. "I want steady growth but need to sell some shares next month for a down payment"), routes that goal to one of six investment mandates, and produces a live, broker-integrated portfolio recommendation from athree-phase reinforcement learning system -- a self-supervised cross-asset encoder, a Mixture-of-Experts (MoE) allocation policy with a learned intent router, and a lightweight LoRA adapter that personalizes recommendations from an individual's revealed brokerage behavior without retraining the shared model. The system is functionally complete and integration-tested end-to-end against a live brokerage API (Alpaca, paper-trading mode), including multi-user authentication, a trust first preview-before-apply confirmation flow, daily email digests, and an auditable action-integrity chain, but has not yet been opened to real end-users; we report this honestly as an emerging, pre-deployment application with a concrete path to full deployment, alongside 14-day walk-forward backtests (bootstrapped confidence intervals included) as preliminary, pre-deployment validation rather than production performance. We also report several practical engineering lessons -- silently-inactive integration paths, hanging third-party API calls, and the value of end-to-end empirical verification over trusting checkpoint metadata -- that we believe generalize to other applied RL systems built on external, live data sources. Subjects: Machine Learning (cs.LG); Artificial Intelligence (cs.AI); Cryptography and Security (cs.CR) Cite as: arXiv:2608.05255 [cs.LG] (or arXiv:2608.05255v1 [cs.LG] for this version) https://doi.org/10.48550/arXiv.2608.05255 arXiv-issued DOI via DataCite (pending registration) Submission history From: Ramin Pishehvar [view email] [v1] Wed, 5 Aug 2026 16:20:11 UTC (850 KB) Full-text links: Access Paper: View a PDF of the paper titled An Emerging Retail Portfolio Management Application: Personalized, Tax-Aware Reinforcement Learning with Natural Language Goals, by Ramin Pishehvar View PDF HTML (experimental) TeX Source view license Current browse context: cs.LG new | recent | 2026-08 Change to browse by: cs cs.AI cs.CR References & Citations NASA ADS Google Scholar Semantic Scholar Loading... Data provided by: Bibliographic Tools Bibliographic and Citation Tools Bibliographic Explorer Toggle Bibliographic Explorer (What is the Explorer?) Connected Papers Toggle Connected Papers (What is Connected Papers?) Litmaps Toggle Litmaps (What is Litmaps?) scite.ai Toggle scite Smart Citations (What are Smart Citations?) Code, Data, Media Code, Data and Media Associated with this Article alphaXiv Toggle alphaXiv (What is alphaXiv?) Links to Code Toggle CatalyzeX Code Finder for Papers (What is CatalyzeX?) DagsHub Toggle DagsHub (What is DagsHub?) GotitPub Toggle Gotit.pub (What is GotitPub?) Huggingface Toggle Hugging Face (What is Huggingface?) ScienceCast Toggle ScienceCast (What is ScienceCast?) Demos Demos Replicate Toggle Replicate (What is Replicate?) Spaces Toggle Hugging Face Spaces (What is Spaces?) Spaces Toggle TXYZ.AI (What is TXYZ.AI?) Related Papers Recommenders and Search Tools Link to Influence Flower Influence Flower (What are Influence Flowers?) Core recommender toggle CORE Recommender (What is CORE?) IArxiv recommender toggle IArxiv Recommender (What is IArxiv?) Author Venue Institution Topic About arXivLabs arXivLabs: experimental projects with community collaborators arXivLabs is a framework that allows collaborators to develop and share new arXiv features directly on our website. Both individuals and organizations that work with arXivLabs have embraced and accepted our values of openness, community, excellence, and user data privacy. arXiv is committed to these values and only works with partners that adhere to them. Have an idea for a project that will add value for arXiv's community? Learn more about arXivLabs. Which authors of this paper are endorsers? | Disable MathJax (What is MathJax?)