Foster Denovo pushes further into hybrid advice with tech partner

The national advisory business hires Multiply AI as technology partner

Sahar Nazir
clock • 1 min read

Foster Denovo has appointed IT consulting firm Multiply AI as its technology partner as it pushes further into hybrid advice.

Speaking at the Financial Technology Research Centre's Empowering Advice Through Technology 2024 conference, Foster Denovo chief operating officer Helen Lovett announced that the firm is working with Multiply AI to launch a digital advice service. "We are more than dipping our toes in AI," Lovett said. "I have not seen the same range of developments in adviser tech. We are happy with what we have got at Foster Denovo." Multiply AI said the collaboration marked "the beginning of an exciting journey toward offering advanced, holistic hybrid financial advisory services". Foster Denovo...

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

PA Asks: How much confidence do you have in chancellor Rachel Reeves?

PA Asks: How much confidence do you have in chancellor Rachel Reeves?

This week’s poll also looks at SIPP operator concerns and cryptocurrency

Professional Adviser
clock 17 January 2025 • 1 min read
Feel Good Friday: Cirencester Friendly's financial support initiative gives £69,116 in 2024

Feel Good Friday: Cirencester Friendly's financial support initiative gives £69,116 in 2024

Its 125 Foundation provides support to members suffering hardship

Professional Adviser
clock 17 January 2025 • 1 min read
Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise

Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise

Migration into single platform in H1 2025

Cristian Angeloni
clock 16 January 2025 • 2 min read