Adviser software provider Intelliflo has launched an AI-driven intelligent engagement assistant known as Intelliflo IQ, which it claims will transform adviser efficiency and client engagement.
The new tool, developed in collaboration with wealthtech AI partner Multiply, is now live within Intelliflo office.
The provider reckons the tool will help Financial Planners and advisers reduce their cost-to-serve by up to 85% of their admin time.
It said it is targeted at the 43% of advisers who are already leveraging AI.
The company said it's new offering is planned to have two integrated tools: an intelligent engagement assistant and an intelligent advice assistant which, the firm claimed, will deliver AI-powered support across the advice process.
It said the intelligent engagement assistant automatically records client meetings, captures key details such as goals, income changes and investment preferences, and generates compliant summaries.
The intelligent advice assistant will launch later in 2026 and will use an algorithmic advice engine to proactively identify client needs and suggest tailored solutions, the firm said.
Nick Eatock, CEO at Intelliflo, said: “Advisers tell us time and again that rising costs and admin burdens are their biggest challenges. With intelliflo IQ, we’re reducing time spent on manual tasks, freeing up capacity for growth, and helping firms deliver better outcomes for their clients.”
The fintech firms also said they plan to work more closely together to develop integration solutions for advisers.
Intelliflo is an adviser software firm. The firm claims it supports over 29,000 advice professionals, representing around £505bn in assets under advice and serving more than 2.2m clients.