The elephant in the room:
AI in wealth management solutions

It’s time we addressed the elephant in the room.

Solutions like Genovo and ATEB Suitability have been around for years, but they still rely on manual data entry, no automation and taking a lot of time. 

No need to compare here.

The wealth management industry is buzzing with talk about AI-powered solutions tackling the age-old pain of administrative overload and workflow inefficiencies. We see the conversations, the comparisons, and the claims - yes, we see you. And yes, Avenir is part of the discussion.

But let’s be clear: this isn’t about throwing shade at other players in this field. The reality is that we all recognise the same problem - wealth managers, advisors, and firms are drowning in data, compliance tasks, and inefficiencies.

The difference lies in how each of us approaches the solution.

So, what makes Avenir different? Let’s break it down.
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‍Comparing AI-powered wealth management solutions
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‍Each solution in this space has its own take on solving the problem. Here’s how we stack up against other players in the field:

‍What sets us apart
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‍To answer that question, let’s first explain what we do, and we do it all! (Sorry Stefan - our CTO may not always love it, as we're always pushing for the latest and greatest features!)

‍We provide post-meeting summaries. Without bots.

‍Currently available on Microsoft Teams (and coming soon to Zoom and Google Meet, stay tuned!). No bots involved. We simply extract data from the conversations you record with your clients and automatically generate a summary, all without a third party being on your call - just you and your client.

‍We extract data from any source. Giving you full control.

‍Our integrations span a wide range of financial data providers and soon back-office systems (spoiler alert: Intelligence Office), allowing us to pull data from virtually any document - including lengthy provider documents, fact finds, product statements, and more. If it exists, we can extract data from it.

The key difference in our approach is that we give you full control over the data. Once the data is extracted, our sourcing mechanism makes it easy to verify, showing the rationale behind the AI's findings. You stay in control.

‍We generate reports. Without AI involvement. 

‍Yes, you read that right. We prioritise accuracy and avoid potential errors caused by AI hallucinations. We also know that one size doesn’t fit all when it comes to templates so we offer flexible options. Clients can use our pre-built templates or we can implement custom templates.

AI is a powerful tool, but it’s here to complement, not replace, human expertise.
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‍The bottom line

‍AI in wealth management is here to stay, and every firm has its own approach. Avenir is built for those who value data accuracy, compliance support, and human expertise over fully automated decision-making.

So, what matters most to you?

If you want to enhance, rather than replace human expertise, Avenir is the right fit.

Book your demo here and see for yourself!
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