AdvisoryAI and Plannr are also working on automated review-letter generation inside the Plannr CRM.
Fintech Plannr has launched an integration with AI platform for financial advisers Advisory AI.
The integration eliminates the need for manual updates into Plannr’s CRM system after meetings.
Plannr users can now access AI assistants Emma and Evie who can save time on admin by automatically generating client documentation such as meeting notes, suitability reports, annual review reports, and updating Plannr with client information directly in the fact find.
The integration enables two-way synchronisation through ‘pull’ and ‘push’ functions, ensuring advisers can efficiently retrieve existing client data from Plannr and send updated information back after meetings.
Alan Gurung, CEO of AdvisoryAI, said: “This partnership with Plannr marks an exciting milestone in our mission to revolutionise financial advice workflows. Plannr users can now double their client capacity through our AI assistants while eliminating post-meeting admin headaches. It’s another step towards closing the UK advice gap.”
AdvisoryAI and Plannr are also working on automated review-letter generation inside the Plannr CRM.
Two in three Financial Planners are using artificial intelligence (AI) tools or are planning to within the next 12 months, according to a report earlier this week.
Financial Planners are using AI to streamline client data collection, risk profiling, and communications, according to a report from global professional body the Financial Planning Standards Board (FPSB).
Of the two-thirds of firms that either have or are planning to leverage AI in the next 12 months, adoption rates were highest among small or very large firms. 50% of Financial Planners had a positive outlook on AI, while only 8% viewed it negatively.
Three quarters (78%) of the 6,200 Financial Planners surveyed said they believe AI can help them better serve clients, with 60% saying it will enhance the quality of financial advice.
