Simon Binney: Artificial intelligence - a new mindset is needed

Disruption has started

clock • 5 min read

The future is there to be designed, writes Simon Binney, and in doing so the advice sector has nothing to fear from machine learning and artificial intelligence - and everything to gain

There is one thing the advisory sector can surely agree on - the future is going to look very different as a result of digital disruption. Traditional models will implode as new technologies shape an industry with customisation and personalisation at its heart. It is not just about adopting or using machine learning or artificial intelligence (AI) for the sake of it - or because the closest competitor has invested in a technology-driven solution. The key is to shift our collective mindset to a new kind of customer experience that is frictionless, solves problems, delivers solutions and a...

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 Technology

Andrew Storey: AI alone is not a panacea for financial planning

Andrew Storey: AI alone is not a panacea for financial planning

'The industry, however, needs to move beyond the idea that AI is a silver bullet'

Andrew Storey
clock 23 June 2026 • 5 min read
Why AI inertia is the greatest risk to advice

Why AI inertia is the greatest risk to advice

The 95% blind spot

Samantha McBride
clock 23 June 2026 • 3 min read
Why the next generation of wealthtech will be built on data lakes

Why the next generation of wealthtech will be built on data lakes

'The objective is not simply data storage; it is continuous regulatory intelligence'

Chris Davies
clock 17 June 2026 • 5 min read