The ifatools.ai blog
Insights on AI for financial advisers
News, guides and practical thinking on AI in UK financial advice, from the team building ifatools.ai.
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Where client data goes with AI tools for financial advisers
Hosted platforms and desktop apps send client data to different places under different contracts. A fair comparison of the main UK options, what each vendor says about hosting and training, and the questions to ask.
The annual review is your biggest writing job. Here is how to get the hours back
A good annual review takes around three hours per client, and most of that is assembly rather than advice. Strata reads the platform valuations you already have and writes the review for you to finish.
Consumer Duty evidence: what good outcomes look like in advice
What Consumer Duty evidence an advice firm should hold, what PRIN 2A.9 asks you to monitor, what the FCA says good outcomes monitoring looks like, and how to turn file reviews into proof.
How financial advisers spend their time, and what can move to software
Advisers spend a third of the day in client meetings and more than that on reports and admin. Here is where the hours go, which jobs can move to software, and how to measure your own week.
Why many firms check a sample of files, and how to check every one
A thorough file review takes half a day, so many firms check a sample and hope the rest are sound. Here is where that time goes, and how Scrutineer makes checking every file the normal way of working.See it before you decide.
Six apps that take file checks, annual reviews, client documents and meeting coaching off the desk, from £49 per adviser per month. See them run live on a demo firm in a twenty-minute call, with nothing to prepare.