AI crafted for report writing in financial advice

Caroline Duff, CEO at ammonite, says one of the biggest misconceptions surrounding AI is that it somehow diminishes the importance of the paraplanner. In this article, Caroline draws upon her many years of experience as a paraplanner, adviser and now AI business owner, to paint a very different picture – quite the opposite in fact,…

This launch is the first instalment of ammonite AI’s template library, with additional workflows and document types already in development, Money Marketing can reveal.

In this interview, Rob Harradine discusses the frustrations that led to the creation of Planbot, the limits of AI in financial advice, and why he believes advisers will remain central to client relationships for the foreseeable future.

Attendees at adviser conference PA360 do not believe that artificial intelligence-driven efficiencies should result in charges changing for clients, while most are feeling optimistic about the role of AI in financial planning.

Faster delivery of quality advice requires advisers, paraplanners and administrators working in tandem with the AI tools they use, say Rob Harradine, and Caroline Duff of ammonite AI.

A fintech firm founded by a former adviser and paraplanner has launched an AI tool aimed at slashing the time required to produce advice documents.