Financial advice firms use AI to take the writing and checking load off advisers and paraplanners: turning meeting file notes into a first draft Statement of Advice, pulling client details out of the documents clients send into the fact find, checking advice files against your compliance checklist, and preparing annual review packs. The adviser reviews and approves every output.
Where does AI help most in an advice practice?
File notes to a draft SOA. The agent reads the meeting notes, the fact find and your SOA template, and drafts the strategy, recommendations and supporting sections in your house style for the paraplanner to check and finish.
Fact finds from client documents. Super statements, insurance schedules, payslips and tax returns are read and the details placed into the right fields, with each figure linked back to the page it came from.
Compliance file checks. Every file is checked against your own checklist before it reaches compliance: missing documents, unsigned forms, figures that do not match between documents, and best interests duty records.
Review preparation. Annual review packs assembled from the client file and the platform, so the adviser walks into the meeting prepared.
Does the adviser stay in control?
Yes. Everything is built approve before action: the AI drafts and flags, and the adviser or paraplanner decides. Nothing is sent to a client without a person reviewing it. Every draft shows where its facts came from, so checking is quick.
Will it work with our platform and templates?
We build around the tools you already run, such as your advice platform, Microsoft 365 or Google Workspace and your document storage, and we use your own templates, wording and checklists rather than generic ones. See systems integration and custom AI agents.
Where do we start?
Most practices start with one job that eats the most adviser or paraplanner time, usually SOA drafting or file checks. The Operating Model and AI Review ($2,500 fixed price) identifies and costs the best first build for your practice.
Frequently asked questions
Can AI write a Statement of Advice?
AI can produce a strong first draft from your file notes, fact find and template. A paraplanner or adviser reviews, edits and approves it before it goes to the client.
Is client data safe?
We agree with you where data is stored and who can see it before anything is built, and every system keeps a record of who did what and when.
Does it replace paraplanners?
No. It takes the drafting and checking load so paraplanners spend their time on judgement and quality.
How do we get started?
Book the Operating Model and AI Review, a $2,500 fixed price workshop and costed plan.
Talk to us
Tell us the job your team would most like to be rid of. Book a call or start with the Operating Model and AI Review.