Concerns clients seek financial reassurance over financial advice

'AI can provide clients reassurance just as much as humans can’

Sahar Nazir
clock • 2 min read

Clients are seeking financial reassurance over traditional financial advice, which artificial intelligence (AI) has the ability to provide, according to Multiply.

Speaking at Multiply's ‘Generative AI: The Perfect Sidekick for the Future of Finance?' event yesterday (14 March), co-founder and chief technology officer Mike Curtis highlighted a shift in client preferences, with a growing emphasis on seeking financial reassurance rather than traditional advice. He said that although clients want reassurance from a human being, computers can also offer reassurance. "This is where you come into generative AI," Curtis said. "Generative AI is good at copying human language. It can make conversation. It can ask about your favourite football team and le...

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 profession

IFS director warns of 'months of speculation' over Autumn tax rises

IFS director warns of 'months of speculation' over Autumn tax rises

Likely that taxes could be raised further, thinktank director warns

Sahar Nazir
clock 27 March 2025 • 2 min read
Shackleton adds £200m in assets with PK Financial Planning buy

Shackleton adds £200m in assets with PK Financial Planning buy

Acquires financial planning, employee benefits and DFM businesses

Jenna Brown
clock 27 March 2025 • 1 min read
Spring Statement 25: PISCES legislation to come in May

Spring Statement 25: PISCES legislation to come in May

Clarity on tax implications

Cristian Angeloni
clock 26 March 2025 • 1 min read