Financial services company FNZ unveils Advisor AI, a new tool aimed at streamlining wealth management services on a large scale.
In a significant leap forward for the wealth management industry, FNZ has unveiled FNZ Advisor AI, a generative AI solution embedded into their platform. This innovative technology is designed to address the challenges faced by today's financial advisors, offering a more efficient, personalized, and scalable approach to wealth management.
With over 650 financial institution partners, over 26 million end investors, and nearly $2 trillion in assets on their platform, FNZ is well-positioned to revolutionize the industry. The technology is underpinned by a dedicated AI architecture, FNZ's robust AI governance framework, and close alignment with regulators to ensure industry-standard security and trust.
FNZ Advisor AI transcribes and analyzes discussions, highlighting key points that require follow-up and guiding advisors on the most relevant next conversations. It also supports smarter, faster decision-making by generating real-time insights based on client and portfolio data.
One of the most significant advantages of FNZ Advisor AI is its ability to proactively identify opportunities, flag risks, and tailor recommendations across an advisor's full book of business. This allows advisors to spend more time with clients and deliver more reliable, faster, and more personalized advice at scale.
Roman Regelman, FNZ Group President, stated that FNZ Advisor AI changes the game, enabling advisors to meet evolving client expectations, regulatory obligations, business growth targets, and manage rising operational complexity.
To further enhance its capabilities, FNZ has entered a global strategic partnership with Microsoft. This partnership aims to accelerate digital transformation in the wealth management industry and enhance FNZ's AI, automation, and cloud capabilities worldwide.
Recent research by FNZ found that 73% of wealth management clients expect more personalized services from their advisor in the next two years. With 70% of advisors believing better technology is essential to meeting these client expectations, FNZ Advisor AI aims to enhance productivity, deliver more personalized advice, and serve more clients at scale.
Advisor AI automates the entire client meeting lifecycle, including preparation, content access during meetings, and post-meeting analysis. It is built with robust guardrails to minimize the risk of AI hallucinations and ensure accuracy.
There is strong interest in FNZ Advisor AI across FNZ's global client base, with full deployment expected later this year. With its innovative approach and commitment to enhancing the wealth management industry, FNZ Advisor AI is set to redefine the future of wealth management.
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