Financial advisers are confident that they can take on 20 more clients each year thanks to help from artificial intelligence (AI) tools, according to FE Fundinfo.
The firm said the industry is already beginning to embrace AI with early adoption suggesting significant time savings and opportunities for client growth. Speaking at a recent industry event, FE Fundinfo head of UK IFA product Jodie Gallagher said that 27% of advisers surveyed are already using AI tools in their businesses. "Advisers tell us they are confident they could take on 20 more clients a year by using AI, simply because it will save so much time," she said. "You hear about AI a hundred times a day. We think the future will be more agentic. We don't want to move away from p...
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