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AI for wealth management and financial advisory firms.

Australian-Privacy-Act-compliant AI for client onboarding, statement-of-advice drafting, and meeting summarisation. We build inside your stack, on your data.

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Privacy Act 1988 mapped AU-region data residency Human-in-the-loop by default

What does AI implementation look like for a wealth management firm?

Three workflows where AI earns its keep: client onboarding (fact-find and risk profiling), statement-of-advice drafting from your house templates, and meeting summarisation that produces a review-ready file note. Built inside Xplan, AdviserLogic, Iress, or Microsoft 365 — not in some consumer AI tool we host.

The base rate, in numbers

73%
of Australian advice firms have piloted AI

According to the FSC State of the Industry Report 2025. Most pilots stall at ChatGPT-in-a-tab; few make it into the SoA workflow.

6–10h
advice hours unlocked per adviser per week

Vanguard 2025 Adviser Productivity Index: top-decile AI users reclaim a full advice-day per adviser each week. That is one extra client meeting, every week, per head.

$300K
avg. revenue per adviser, AU 2026

Per Adviser Ratings Musical Chairs 2026. The hours we give back compound directly into capacity for new clients.

AI consultant vs in-house AI hire vs doing nothing

The three real options for a wealth firm. We are direct because the comparison matters.

DimensionAI consultant (THL)In-house AI hireNothing
Year-one cost$45K–$140K flat-fee$200K+ loaded$0 (apparent)
Speed to first deployWeek 1Month 4–6Never
Compliance riskPrivacy Act mapped pre-deployOwned by your hireShadow AI on personal accounts
Knowledge retentionDocumented playbook staysWalks out with the hireNone to retain
Vendor lock-inArchitecture survives swapsVendor-shaped by defaultN/A

How a wealth-management engagement runs

Compliance map
Week 1

Privacy Act 1988 obligations mapped. APP 11 sensitivity classification. Consent script drafted. Engagement-letter updates prepared for your AFSL.

Workflow build
Weeks 2–3

Onboarding assistant connected to your CRM. SoA template drafter trained on your last 30 SoAs. Meeting recorder + file-note generator deployed.

Adviser training
Week 4

Every adviser and paraplanner trained, with live SoA walkthroughs. Compliance team gets a separate review of the data flow.

Retainer
Ongoing

Monthly tune-up. Template library refreshed quarterly. New legislative requirements wired into the prompts as they land.

What an engagement looks like

Hypothetical — pattern based on real Australian SMB and legal deployments. (We treat adviser firm work as confidential by default.)

EXAMPLE A $300M AUM Sydney advisory firm — 6 advisers, 2 paraplanners
Onboarding assistant
Fact-find captured by a structured Claude project inside the adviser's M365 tenant. Risk profile draft populated automatically. Adviser approves before it lands in Xplan.
SoA drafter
Trained on the last 30 signed SoAs. Generates structured sections (scope, current position, recommendations skeleton, fees, risks). Paraplanner edits and adviser signs.
Meeting file-note generator
Consent-gated recording in Teams or Otter. Output: a review-ready file note in the firm's template, dropped into the client's record automatically.
+8 advice hours / adviser / week
Equivalent to one extra new-client meeting per adviser, per week. 6 advisers × ~$1,500 per advice meeting ≈ $9K weekly capacity unlocked.
Compliance posture upgraded
Shadow ChatGPT use eliminated. AFSL-side audit trail in place from day one.

Book the 30-min discovery call →

Common questions from principals and compliance leads

What does AI implementation look like for a wealth management firm?

Three workflows where AI earns its keep: client onboarding, statement-of-advice drafting, and meeting summarisation that produces a review-ready file note. Built inside Xplan, AdviserLogic, Iress, or Microsoft 365 — never in a consumer AI tool we host on the side.

Is this compliant with the Australian Privacy Act and FASEA?

Yes. AU-region infrastructure (Acronis, Microsoft Australia, AWS Sydney). Private models where APP 11 sensitivity requires it. Every output flows through human-in-the-loop review by an authorised representative before it reaches a client. We document the data-flow for AFCA and ASIC reporting up-front. See how we handle compliance →

Will AI write the advice itself?

No. AI drafts the structured sections of an SoA — fact-find summary, scope, comparison tables, risk disclosures — using your house templates and previous SoAs as the corpus. The adviser writes the actual recommendation and signs off. The goal is 6–10 more advice hours per adviser per week, not replacing professional judgement.

What about consent and disclosure when AI is in the room?

We build a standard consent script into your meeting workflow and update your engagement letter so clients are notified before any AI tool processes their data. Recording, transcription, and AI summarisation only happen after explicit verbal consent. Consent is logged in your CRM against the client record.

Do you work with smaller advisory firms or only large licensees?

Both. Our smallest wealth client is a two-adviser practice; our largest works with multi-state licensees. The 4-week Automation Accelerator suits firms with 2–15 advisers. Larger licensees usually run the full Horizon Method across multiple practices.

Adjacent reading

AI Readiness Assessment

10 questions, 3 minutes, instant results. Most practice principals do this before our first call.

Take the assessment →

State of AI Readiness: Australian SMB 2026

First-party survey of 54 Australian SMBs. The same patterns hold for advice firms.

Download the report →

AI for law firms

Same compliance posture, different vertical. Privilege-aware AI for Australian legal practices.

AI for legal →

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