Slash hours off your weekly admin workload, effortlessly crafting personalized client communications, and producing polished financial documents in minutes—not days.
That’s not a future promise; it’s happening right now with tools like ChatGPT and Microsoft Copilot. As the financial advice industry races to keep pace with client expectations and regulatory demands, advisers who harness AI are gaining a serious competitive edge. Curious how? Let’s explore how these technologies are transforming advice practices today.
Few tools have created as much buzz lately as ChatGPT and Microsoft Copilot. These AI-powered assistants aren’t just futuristic novelties, they are already helping advice businesses cut admin time, enhance client communication, and deliver faster, more consistent documentation.
ChatGPT is a content generator developed by OpenAI. It helps advisers answer questions, draft emails, explain strategies, and create summaries. Just type a prompt like, “Explain salary sacrifice in plain English” and it generates a first draft instantly.
Microsoft Copilot is embedded in Microsoft 365 apps like Word, Excel, and Outlook. It helps you create, edit, and summarise documents without leaving your day-to-day tools.
For financial advisers, these tools can:
- Draft business SWOT analysis
- Draft your value proposition
- Create tiered client service models
- Draft client agenda’s
- Draft SOAs and ROAs
- Rewrite emails faster
- Summarise meetings and create file notes
- Generate client-friendly content
- Build discovery forms or FAQs
Sample prompts advisers are using:
- “Create a script for my client discovery meeting.”
- “Generate a service tier outline for professionals aged 40–60.”
- “Write homepage copy focused on women in transition.”
Is it safe? Yes, with care. Avoid entering sensitive client data into free AI tools. ChatGPT Enterprise and Microsoft Copilot offer more secure environments.
Getting started: Begin with simple prompts. Build a prompt library for your team. Use AI for first drafts but always apply professional judgment before sharing output with clients.
Want to dig deeper? Review this report “FPSB’s Impact of AI on Financial Planning – Global Research 2025”.
AstuteWheel users can use our file note tool to create more efficient file notes.
