Tag: artificial-intelligence

When a Business Model Starts to Crack: What the SJP Departures Tell Us About the Future of Financial Planning

Over the past year, a series of high-profile departures from St. James's Place has attracted increasing attention. Over the past year, the departures from St. James's Place have become increasingly difficult to dismiss as ordinary adviser turnover. While normal churn happens in every large network, the recent exits have involved some of the firm's largest … Continue reading When a Business Model Starts to Crack: What the SJP Departures Tell Us About the Future of Financial Planning →

The Profession Is Investing in More Professionals. But Who Is Investing in More Capable Citizens?

We've Invested in Professionals. Now Let's Invest in People. The Personal Finance Society has announced that it will continue investing its reserves to attract new entrants into the financial planning profession. It is a significant commitment, building on a £1 million programme to remove barriers, fund qualifications and promote financial planning as a career. That … Continue reading The Profession Is Investing in More Professionals. But Who Is Investing in More Capable Citizens? →

The Next Great Transition Is From Institutional Authority to Human Agency

For decades, society has been built on the assumption that institutions hold decision authority on our behalf. But confidence in those institutions is falling, while AI is making knowledge and reasoning available to everyone. The challenge of our age is not deciding whether to trust AI or institutions. It is restoring human agency so that … Continue reading The Next Great Transition Is From Institutional Authority to Human Agency →

Why Total Wealth Planners See the Future Differently

The biggest difference between those inside and outside the Academy isn't belief in human agency. It's that those inside have stopped asking whether the future is coming and have started building businesses for it. When you're inside the movement, you see a different future from those looking in. Over the past few weeks, I've been … Continue reading Why Total Wealth Planners See the Future Differently →

The Next Battle Isn’t for the Customer Interface. It’s for Human Agency.

Where does the long-term economic power probably sit? With Institutions or Citizens? Jason Butler recently published an insightful LinkedIn post arguing that the future of financial services will not be won through better investment research or faster suitability reports. Instead, he suggests the real strategic battleground is interface control, behavioural data, engagement frequency and trusted … Continue reading The Next Battle Isn’t for the Customer Interface. It’s for Human Agency. →

Don’t Fix the Supply Side. Empower the Demand Side.

Most organisations are trying to make the supply side more efficient. The Academy is helping the demand side become more capable. For decades, innovation in financial planning has focused on improving the supply side of the market: better platforms, better products, better regulation, better adviser technology and, more recently, AI for advisers. The Academy of … Continue reading Don’t Fix the Supply Side. Empower the Demand Side. →

Human Agency, Personal Sovereignty, Governance and Stewardship: Four Ideas That Belong Together

As artificial intelligence becomes more capable, a new question is emerging: How do we ensure technology strengthens people rather than quietly taking their place? At the Academy of Life Planning, our answer has always begun with one idea: Restore human agency. Agency is a person's ability to think clearly, question confidently, make informed decisions and … Continue reading Human Agency, Personal Sovereignty, Governance and Stewardship: Four Ideas That Belong Together →

When Clients Arrive Having Already Asked ChatGPT, the Advice Model Has Already Changed

Advisers Are Talking About Cutting Fees. The Bigger Story Is Why. A recent Citywire interview with Ian Else carried a headline that should make every financial planner stop and think: "I'm looking at cutting my advice fees because of AI." It's a rational response. If AI reduces the time it takes to research, analyse, write … Continue reading When Clients Arrive Having Already Asked ChatGPT, the Advice Model Has Already Changed →

UBS Sees AI Disrupting Financial Advice. We See Something Even Bigger.

For years, discussions about artificial intelligence in financial planning have centred on one question: How will AI affect financial advisers? A new analyst note from UBS, reported by Citywire, suggests that question is no longer theoretical. UBS has accelerated its assumptions about AI disruption, bringing forward the point at which it expects AI to affect … Continue reading UBS Sees AI Disrupting Financial Advice. We See Something Even Bigger. →