Artificial intelligence from FNZ debuts for efficient management of personal investments on a grand scale

In the rapidly evolving world of wealth management, financial advisors are under increasing pressure to meet client expectations, regulatory obligations, and business growth targets, all while managing rising operational complexity. To address these challenges, FNZ, a leading provider in the industry, has announced the global launch of FNZ Advisor AI, a generative AI solution embedded into their wealth management platform.

FNZ Advisor AI is designed to help financial advisors enhance productivity, deliver more personalized advice, and serve more clients at scale. By automating the entire client meeting lifecycle, the technology prepares advisors for meetings with personalized insights, provides relevant content during client meetings, and transcribes and analyzes discussions afterwards.

The AI solution highlights key points that require follow-up and guides advisors on the most relevant next conversations to have with each client. This proactive approach enables advisors to proactively identify opportunities, flag risks, and tailor their recommendations across their full book of business.

FNZ Advisor AI is embedded into FNZ's market leading advisor platform, enabling advisors to spend more time with clients and deliver more reliable, faster, and more personalized advice at scale. The technology leverages FNZ's access to one of the largest wealth management data sets in the world, providing valuable insights to advisors.

Robust guardrails are built into Advisor AI to minimize the risk of AI hallucinations and ensure accuracy. The technology is underpinned by a dedicated AI architecture, FNZ's robust AI governance framework, and close alignment with regulators to ensure the solution meets the highest industry standards while maintaining trust and security.

The technology has already seen strong interest across FNZ's global client base and is expected to be fully deployed later this year. According to FNZ's research, 70% of advisors believe better technology is essential to meeting client expectations, and 73% of wealth management clients expect more personalized services from their advisor in the next two years.

FNZ has partnered with Microsoft in a global strategic partnership aimed at accelerating digital transformation in the wealth management industry and enhancing FNZ's AI, automation, and cloud capabilities worldwide. However, specific financial institutions that have partnered with FNZ for the use of FNZ Advisor AI have not been publicly disclosed.

Roman Regelman, FNZ Group President, stated that FNZ Advisor AI changes the game, enabling advisors to effectively and safely support clients with integrated solutions. With FNZ Advisor AI, advisors can make smarter, faster decisions by generating real-time insights based on client and portfolio data, ultimately leading to a more efficient and effective wealth management experience for both advisors and clients.

Artificial intelligence from FNZ debuts for efficient management of personal investments on a grand scale