AI and advice: Financial advisers must adapt or 'be left behind'

The technology ‘should be seen as a massive area of growth’, delegates told

Sahar Nazir
clock • 2 min read

The integration of artificial intelligence (AI) into financial advice is no longer a futuristic concept and firms that fail to embrace it risk falling behind, according to The Money Man IFA Ian Dempsey and LIFT Financial director of risk Jonathan Stubbs.

Speaking at the Financial Technology Research Centre's (FTRC) Empowering Advice Through Technology 2025 conference today (30 January), they told delegates that advisers who fail to adapt will struggle to compete. Dempsey said he initially feared falling behind in an increasingly digital landscape. "AI does a lot of the heavy lifting," he said. "I don't see it as a threat, but as a massive area of growth for our industry. I had a fear of getting left behind, that's why I wanted to see what was available." Stubbs revealed how his firm has leveraged AI since July 2023 through a partnersh...

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

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read