World Finance Informs

Wealth management firms are investing in artificial intelligence (AI), portfolio management platforms and workflow automation to improve how advisers organise information, prepare recommendations and serve clients. However, adopting new tools does not automatically reduce workloads or create more capacity for client relationships. Wealth technology creates business value when it removes repetitive work, connects previously separate processes and allows advisers to spend more time on activities requiring professional judgement. Morningstar's October 2026 Investor Perspectives Advisor Study found that 48% of surveyed US advisers reported improved day to day efficiency from AI, while 56% still identified excessive administrative or operational work as...