In this episode of The WealthTech Insider, host Danni Le Grande and Peter Worn dive into the evolving role of AI in financial services. They explore the concept of the ‘Value Trap’—where AI has the power to revolutionise industries but may struggle to generate sustainable profits.

From investment risks and industry adoption to the future of AI as a financial utility, Danni and Peter unpack the realities of AI’s role in WealthTech. They discuss how financial firms are navigating this landscape, the importance of responsible AI usage, and whether AI’s profitability challenge mirrors the airline industry’s struggles.

With insights from the Finura Group, this episode tackles the burning question: Will AI make anyone rich, or is it just another overhyped innovation?

Key topics:

• The AI Value Trap: Can AI be both transformative and profitable?
• Investing in AI: Opportunities vs. risks.
• AI adoption in financial services—where do firms stand?
• AI as a utility: How should businesses think about it?
• Regulation, responsibility, and the future of AI in finance.

Join us for a deep dive into the realities of AI in WealthTech!

In this episode of The WealthTech Insider, host Danni Le Grande sits down with compliance expert Selin Ertac to explore the critical role of people, policy, and technology in ensuring effective compliance within wealth management. They dive into the importance of role clarity, the challenges of resistance to change, and how technology can streamline compliance processes. From crafting meaningful policies to integrating compliance into business operations, this conversation highlights the strategies firms can use to enhance efficiency, reduce risk, and foster a culture of compliance.

Tune in for key insights on simplifying compliance, leveraging technology, and ensuring your team is equipped to navigate the evolving regulatory landscape. Don’t miss Part 1 of this insightful two-part series!

In this episode of WealthTech Insider, hosts Danni Le Grande and Peter Worn discuss their predictions for the financial services and WealthTech landscape in 2025. They explore key themes such as the challenges faced by advice tech, the shift towards platform monogamy, the insourcing of technology by industry super funds, the impact of private equity on wealth management, the rise of AI services, and the growing importance of podcasts and YouTube in advisor marketing. The conversation culminates in a discussion about the transformative potential of AI agents in the industry.

Chapters

00:00 2025 Predictions Overview

01:35 Change Management Challenges in WealthTech

03:32 Advice Tech's Margin Squeeze

06:44 The Shift to Platform Monogamy

12:45 Industry Super Funds and In-House Tech

17:29 Private Equity's Impact on Advice Tech

24:18 The Technology Gap in Financial Advisory

30:26 AI Services: The Future of Financial Technology

41:18 The Rise of Podcasts and YouTube in Marketing

44:42 Transformative AI Agents in Business