AdviserSoftware.com, part of the Financial Technology Research Centre, has highlighted AI’s growing impact on the financial advice sector. AI is rapidly transforming the industry by enabling more personalized, scalable, and data-driven client solutions.
To support advisers in selecting the most effective AI tools, AdviserSoftware.com has developed a framework that identifies key operational areas where AI is making a significant impact. It also highlights which solutions provide support in each area, helping firms make informed decisions about AI adoption.
Founder Ian McKenna emphasized the increasing interest among advisers in leveraging AI. He stated, “AI has truly captured the imagination of many advisers. More firms are looking to harness its potential to enhance efficiency, improve their customer proposition, and reduce operational costs.”
As AI continues to reshape financial advice, this framework serves as a valuable resource for firms seeking to integrate AI-driven solutions effectively. By identifying key areas of application and the most suitable tools, it aims to help advisers optimize their services while staying competitive in a rapidly evolving market.
