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FinPerMA: A Theory-Informed, Event-Grounded Personalized-Memory Benchmark for LLM Agents

arXiv:2608.04095v1 Announce Type: new Abstract: Large language model (LLM) agents are increasingly used as personalized assistants in high-stakes domains such as financial advising, yet it remains unclear whether they can maintain and update an individualized user model over long horizons. Existing personalized-memory benchmarks primarily test factual retention or rely on weakly constrained model-generated trajectories, leaving event-driven preference adaptation underexplored. We introduce FinPerMA, an event-grounded benchmark that evaluates personalized memory against frozen longitudinal investor trajectories. Its generation pipeline combines deterministic, theory-informed impact rules, controlled LLM narration, and automated quality screening; a Post-Shock checkpoint isolates whether an agent has integrated a material event into its persistent user model. On 2,994 questions from 276 personas, seven frontier LLMs and up to seven memory configurations remain far from saturated: no full-context configuration exceeds approximately 0.47 overall accuracy or approximately 39% on multiple-choice questions. Attribution analysis shows that summary-based memory often preserves factual details while losing the preference signals needed for personalization; simple retrieval can therefore outperform purpose-built memory systems, with the gap widening after shocks.

SourcearXiv AIAuthor: Ben Wang, Kang Zhou, Lifan Guo, Feng Chen, Chi Zhang

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[Submitted on 4 Aug 2026]

Title:FinPerMA: A Theory-Informed, Event-Grounded Personalized-Memory Benchmark for LLM Agents

View a PDF of the paper titled FinPerMA: A Theory-Informed, Event-Grounded Personalized-Memory Benchmark for LLM Agents, by Ben Wang and 4 other authors

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Abstract:Large language model (LLM) agents are increasingly used as personalized assistants in high-stakes domains such as financial advising, yet it remains unclear whether they can maintain and update an individualized user model over long horizons. Existing personalized-memory benchmarks primarily test factual retention or rely on weakly constrained model-generated trajectories, leaving event-driven preference adaptation underexplored. We introduce FinPerMA, an event-grounded benchmark that evaluates personalized memory against frozen longitudinal investor trajectories. Its generation pipeline combines deterministic, theory-informed impact rules, controlled LLM narration, and automated quality screening; a Post-Shock checkpoint isolates whether an agent has integrated a material event into its persistent user model. On 2,994 questions from 276 personas, seven frontier LLMs and up to seven memory configurations remain far from saturated: no full-context configuration exceeds approximately 0.47 overall accuracy or approximately 39% on multiple-choice questions. Attribution analysis shows that summary-based memory often preserves factual details while losing the preference signals needed for personalization; simple retrieval can therefore outperform purpose-built memory systems, with the gap widening after shocks.

Subjects:

Artificial Intelligence (cs.AI); Computation and Language (cs.CL)

Cite as: arXiv:2608.04095 [cs.AI]

(or arXiv:2608.04095v1 [cs.AI] for this version)

https://doi.org/10.48550/arXiv.2608.04095

arXiv-issued DOI via DataCite (pending registration)

Submission history

From: Ben Wang [view email] [v1] Tue, 4 Aug 2026 18:00:04 UTC (885 KB)

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