Close
The rapid development of artificial intelligence (AI) is poised to transform the advice sector, yet resistance remains strong among firms. Currently, only 6% of advice firms utilize AI, despite nearly half recognizing its potential benefits. As new AI tools emerge, the industry may gradually shift its stance on technology adoption.
AI is being leveraged by companies like Fort Advice Bureau to enhance marketing and streamline administrative tasks. While some advisers express skepticism about AI's reliability, others see it as a means to improve efficiency and service delivery. The ongoing debate highlights a divide between traditional practices and the need for innovation in financial services.
• Only 6% of advice firms currently use AI technology.
• AI is seen as a time-saving tool in financial services.
AI is being integrated into financial services to automate tasks and improve efficiency.
Fintech firms are focusing on AI integration to enhance adviser technology.
Automation through AI is expected to take over mundane administrative tasks in the advice sector.
The company highlights the effectiveness of AI in transcribing meetings and generating promotional content.
Iress has integrated AI technology into its Xplan platform to enhance client interaction tracking.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
