# Customized FinGPT Search Agents Using Foundation Models

arXiv: https://arxiv.org/abs/2410.15284 · HTML: https://mlsanity.com/paper/2410.15284/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use.
- Builds on 13 of its 35 references that are in the map.
- First posted on arXiv 20 Oct 2024.

## Placed in

- LLM agents and tool use / [Financial trading and forecasting agents](https://mlsanity.com/agents/financial-trading-and-forecasting-agents/)

## Builds on (most cited first, 13 of 13)

- [Attention Is All You Need](https://mlsanity.com/paper/1706.03762/) (2017)
- [BERT: Pre-training of Deep Bidirectional Transformers for Language Understanding](https://mlsanity.com/paper/1810.04805/) (2018)
- [Language Models are Few-Shot Learners](https://mlsanity.com/paper/2005.14165/) (2020)
- [QLoRA: Efficient Finetuning of Quantized LLMs](https://mlsanity.com/paper/2305.14314/) (2023)
- [BloombergGPT: A Large Language Model for Finance](https://mlsanity.com/paper/2303.17564/) (2023)
- [WebVoyager: Building an End-to-End Web Agent with Large Multimodal Models](https://mlsanity.com/paper/2401.13919/) (2024)
- [Retrieval-Augmented Generation for AI-Generated Content: A Survey](https://mlsanity.com/paper/2402.19473/) (2024)
- [Large Language Models for Information Retrieval: A Survey](https://mlsanity.com/paper/2308.07107/) (2023)
- [A Survey of Large Language Models for Financial Applications: Progress, Prospects and Challenges](https://mlsanity.com/paper/2406.11903/) (2024)
- [Enhancing Financial Sentiment Analysis via Retrieval Augmented Large Language Models](https://mlsanity.com/paper/2310.04027/) (2023)
- [Open-FinLLMs: Open Multimodal Large Language Models for Financial Applications](https://mlsanity.com/paper/2408.11878/) (2024)
- [Dynamic Datasets and Market Environments for Financial Reinforcement Learning](https://mlsanity.com/paper/2304.13174/) (2023)
- [SimplyRetrieve: A Private and Lightweight Retrieval-Centric Generative AI Tool](https://mlsanity.com/paper/2308.03983/) (2023)

## Built on by (most cited first, 1 of 1)

- [FINSKILLOPS: A Self-Evolving Multi-Agent System for SEC Filing QA](https://mlsanity.com/paper/2609.19680/) (2026)

## Abstract (arXiv)

Current large language models (LLMs) have proven useful for analyzing financial data, but most existing models, such as BloombergGPT and FinGPT, lack customization for specific user needs. In this paper, we address this gap by developing FinGPT Search Agents tailored for two types of users: individuals and institutions. For individuals, we leverage Retrieval-Augmented Generation (RAG) to integrate local documents and user-specified data sources. For institutions, we employ dynamic vector databases and fine-tune models on proprietary data. There are several key issues to address, including data privacy, the time-sensitive nature of financial information, and the need for fast responses. Experiments show that FinGPT agents outperform existing models in accuracy, relevance, and response time, making them practical for real-world applications.