Advice firms called to 'create tech team' to fully embrace AI

‘A tech team can look at the most important problems your firm needs to solve’

Sahar Nazir
clock • 2 min read

Advice firms should create a technology team and provide them with autonomy, authority and budget to embrace artificial intelligence (AI), according to Capital Asset Management CEO Alan Smith.

Speaking at the Financial Technology Research Centre's (FTRC) Empowering Advice Through Technology 2025 conference yesterday (30 January), Smith told delegates: "We can revolutionalise this entire profession by embracing the tech that's available." "Create a tech team to look at the most important problems your firm needs to solve and create new policies as people have previously uploaded personal documents to ChatGPT," he said. Eva Wealth Management for Women founder Sarah Roughsedge said technology can be used in many areas of a business. She explained that Eva is reaching far more ...

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

Andrew Goodwin: It's time for advisers to think differently about innovation

Andrew Goodwin: It's time for advisers to think differently about innovation

'Ours is still a profession that rightly places enormous emphasis on the human touch, relationships and trust'

Andrew Goodwin
clock 04 July 2025 • 4 min read
Altus' Holford urges advisers to reframe concept of advice gap

Altus' Holford urges advisers to reframe concept of advice gap

Traditional models of value, service and delivery are being challenged

Sahar Nazir
clock 04 July 2025 • 2 min read
PA Asks: Do you keep in touch with clients when on holiday?

PA Asks: Do you keep in touch with clients when on holiday?

Plus, targeted support worries and BDMs

Professional Adviser
clock 04 July 2025 • 1 min read