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

arXiv:2608.05255 · cs.LG, cs.AI, cs.CR · Submitted 2026-08-05 · Read on arXiv

Ramin Pishehvar

cs.LG, cs.AI, cs.CR

Submitted: 2026-08-05

Code: https://github.com/rpishehvar/PublicFinance-RL

License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/

Terminology

• Personalization — 9× in this paper · explained in 2 episodes
• Abstraction — 4× in this paper · explained in 1 episode
• Foundation Model — 4× in this paper · explained in 3 episodes
• Reinforcement Learning — 4× in this paper · explained in 4 episodes
• Cosine Similarity — 3× in this paper · explained in 3 episodes
• Embeddings — 3× in this paper · explained in 2 episodes
• Verification — 3× in this paper · explained in 2 episodes
• Ablation — 2× in this paper · explained in 1 episode
• Adam — 2× in this paper · explained in 3 episodes
• Benchmark — 2× in this paper · explained in 2 episodes
• Hyperparameters — 2× in this paper · explained in 2 episodes
• Mixture-of-Experts (MoE) — 2× in this paper · explained in 11 episodes
• Actor — 1× in this paper · explained in 3 episodes
• Attention Mechanism — 1× in this paper · explained in 3 episodes
• Core — 1× in this paper · explained in 2 episodes
• Cross-Attention Mechanism — 1× in this paper · explained in 2 episodes
• Decoupling — 1× in this paper · explained in 2 episodes
• Deep Reinforcement Learning — 1× in this paper · explained in 3 episodes
• Fidelity — 1× in this paper · explained in 2 episodes
• Fine-Tuning — 1× in this paper · explained in 5 episodes
• Loss Function — 1× in this paper · explained in 2 episodes
• Redundancy — 1× in this paper · explained in 2 episodes
• Representation Learning — 1× in this paper · explained in 3 episodes
• Self-supervised Pretraining — 1× in this paper · explained in 3 episodes
• Trace — 1× in this paper · explained in 2 episodes

Sources

• Concrete Problems in AI Safety
• A Deep Reinforcement Learning Framework for the Financial Portfolio Management Problem
• A Three-Phase Foundation Model for Tax-Aware Personalized Portfolio Management
• Proximal Policy Optimization Algorithms

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