Finding signal in the noise: How AI can drive greater personalisation

AI is not a threat - rather a critical way for adviser firms to grow

clock • 4 min read

AI has tremendous potential to accelerate opportunities for financial advice to become more accessible and impactful, writes Sneha Shah

The world of financial advice is changing faster than ever, and one of the most significant industry disruptions has undoubtedly been the mainstream emergence of artificial intelligence (AI). Within just five days of launch, ChatGPT reached 1 million users and climbed to 100 million within two months, making it one of the fastest-growing platforms in history. AI has tremendous potential to accelerate opportunities for financial advice to become more accessible and impactful. As generational wealth transfer and changing client expectations create greater customer retention challenges f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

All the advice firm acquisitions that have taken place in 2024

All the advice firm acquisitions that have taken place in 2024

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 17 May 2024 • 1 min read
To consolidate or not to consolidate: A panel debate

To consolidate or not to consolidate: A panel debate

‘We believe in our ability to be nimble and do the right things for our clients’

Isabel Baxter
clock 17 May 2024 • 3 min read
IFA business owners must nurture culture to boost staff retention

IFA business owners must nurture culture to boost staff retention

Importance of onboarding process should not be underestimated

Jenna Brown
clock 17 May 2024 • 2 min read