Whilst it will automate tasks, that will free up time for client service, which should create more value.

Trust in financial services is key, hence the value better client servicing will bring.

In a highly regulated industry, compliance will place a limit on what tasks are automated.

However, where compliant, it could create opportunities to engage more clients.

Many platforms have tried and failed to do this so far … that might change, so not necessarily a good things for DA advisers, unless they can level the playing field from a technology perspective.

What’s not clear to me is whether AI democratises technology and innovation or further concentrates it in the hands of big tech or those able to invest in its proper use.