AI for Wealth Management: From Curiosity to Confidence
AI is reshaping wealth management, but many advice firms are stuck at the exploration stage. This one-day in-house training course prepares your leaders, managers, and team members to transition from curiosity to confident adoption, providing practical insights into how AI supports client service, compliance, operations, and investment advice.
Our expert trainer Richard Preece demystifies AI, focusing on real-world use cases from UK advice firms, regulatory implications, and the leadership mindsets required for successful adoption. Whether you’re a senior manager shaping digital strategy or a compliance officer navigating new risks, you’ll gain the insight and language needed to lead informed conversations about AI in your firm.
Course Information:
Delivered in-house, this course is fully flexible to your preferred date and location.
Duration: One Day (9:30am – 4:30pm)
Format: In-person or virtual delivery course that’s tailored to your specific needs
Target Audience: CEOs, Partners, COOs, Investment Managers, Heads of Compliance, and Client Service Directors who want to explore AI confidently and responsibly.
Max # of participants: 15
Fee: Available on request
Enquiries: To find out more about this in house course contact learning@pimfa.co.uk
Participants on this in house course will leave with a clearer understanding of what AI can (and cannot) do, how it fits into the client value chain, and what steps to take next to develop capability and confidence across your organisation.
If your firm is asking “Where do we start with AI?”, this course provides the roadmap.
By the end of the day, course participants will:
• Understand what AI is (and isn’t)
• Learn how to integrate AI into processes, enhance decision-making, and drive innovation and growth across your firm.
• Discover through UK wealth management use cases how AI is streamlining processes, boosting efficiency, ramping up productivity and enhancing decision-making across front, back and middle office functions
• Explore the ethical, compliance, and regulatory considerations.
• Establish where and how your firm can harness AI to solve bigger business and human challenges.
• Recognise the success indicators firms use to evaluate whether investment in AI will yield desired ROI.
• Ensure accountability, privacy, and transparency in AI applications while mastering risk management in an AI-driven world.
• Leave with a tailored action plan for your firm
Session 1: What Is AI—And Why Now?
• AI vs automation vs machine learning – explained simply
• Why AI matters for wealth management (with UK case studies)
• Group exercise: “AI Mythbusters” – interactive quiz on common misconceptions
Speakers
Richard Preece
An experienced organisational agility and resilience ‘hybrid' consultant and leader. He connects business and technical leadership of digital innovation cyber resilience and data protection.
He works collaboratively, is discovery driven and adept at integrative decision-making to navigate the balance of innovation, agility and resilience. Works closely with business, customers and subject matter experts to align outcomes, manages risks and resources; enhances reputation whilst communicating with simplicity and clarity.
Session 2: Real-World Use Cases
• Client onboarding and KYC automation
• Enhanced portfolio analytics and personalisation
• AI in financial crime detection
• AI for content generation and client engagement
• Interactive demo: Using ChatGPT for client communications (hands-on)
• Group discussion: Which of these could apply to your firm?
Speakers
Richard Preece
An experienced organisational agility and resilience ‘hybrid' consultant and leader. He connects business and technical leadership of digital innovation cyber resilience and data protection.
He works collaboratively, is discovery driven and adept at integrative decision-making to navigate the balance of innovation, agility and resilience. Works closely with business, customers and subject matter experts to align outcomes, manages risks and resources; enhances reputation whilst communicating with simplicity and clarity.
Lunch
Session 3: Risks, Regulation & Responsibility
• FCA expectations and upcoming AI regulation
• Bias, transparency, data privacy and client trust
• Group scenario challenge: What would you do if your AI tool got it wrong?
• AI governance frameworks and human oversight
Speakers
Richard Preece
An experienced organisational agility and resilience ‘hybrid' consultant and leader. He connects business and technical leadership of digital innovation cyber resilience and data protection.
He works collaboratively, is discovery driven and adept at integrative decision-making to navigate the balance of innovation, agility and resilience. Works closely with business, customers and subject matter experts to align outcomes, manages risks and resources; enhances reputation whilst communicating with simplicity and clarity.
Session 4: Getting Started—Building an AI Roadmap
- Identifying high-impact, low-risk AI pilots
- Choosing the right vendors and internal champions
- Skills your team will need in an AI-enhanced firm
- Interactive workshop: Build a simple “AI Action Plan” for your business
Speakers
Richard Preece
An experienced organisational agility and resilience ‘hybrid' consultant and leader. He connects business and technical leadership of digital innovation cyber resilience and data protection.
He works collaboratively, is discovery driven and adept at integrative decision-making to navigate the balance of innovation, agility and resilience. Works closely with business, customers and subject matter experts to align outcomes, manages risks and resources; enhances reputation whilst communicating with simplicity and clarity.