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 ...
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