-+ 0.00%
-+ 0.00%
-+ 0.00%
AI saves advisers time but delivers limited cost benefits, Iress study finds
Share
Listen to the news
AI saves advisers time but delivers limited cost benefits, Iress study finds
  • Iress research with Signal Advisory found 47% of AI-engaged advice professionals save at least a quarter of their time on AI-assisted tasks.
  • Only 20% report materially lower costs to serve clients; just 5% have retired software or services because of AI.
  • AI has supplemented existing technology for 63% of respondents; reviewing outputs consumes much of the time saved for 30%.
  • Demand offers scope for growth: 81% say their businesses could fill a 30% increase in adviser capacity.
  • Practices with AI embedded across advice workflows are up to three times more likely than those piloting to report broader business benefits.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IRESS Limited published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending