HNW individual advice firm partners with Multiply AI

OCM Wealth Management will use AI to roll out a new AR business model

Isabel Baxter
clock • 1 min read

High net worth (HNW) individual advice firm OCM Wealth Management has collaborated with financial advice technology provider Multiply AI.

Through the partnership, OCM Wealth Management will incorporate Multiply's artificial intelligence (AI) to expand access to its services by automating aspects of the onboarding and annual review processes for clients in the accumulation stage. Additionally, the firm plans to roll out a new appointed representative (AR) business model to expand its operations nationally through the introduction of generative AI. Multiply AI said the work it is focused on with OCM is anticipated to cut the time spent onboarding clients in the accumulation phase of their life cycle, looking for advice on...

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 Companies

Clifton completes PE backing deal with CBPE and makes seven acquisitions

Clifton completes PE backing deal with CBPE and makes seven acquisitions

Went through end of February as Clifton snaps up seven advice businesses

Isabel Baxter
clock 10 March 2025 • 4 min read
Royal London CEO: 'Advisers are the lifeblood of our business'

Royal London CEO: 'Advisers are the lifeblood of our business'

Provider posts £277m operating profit and £1bn net outflows

Isabel Baxter
clock 07 March 2025 • 4 min read
Wren Sterling makes trio of acquisitions taking AUM to £9bn

Wren Sterling makes trio of acquisitions taking AUM to £9bn

Latest buys add more than £300m AUM to the national IFA

Isabel Baxter
clock 05 March 2025 • 1 min read