The WealthTech Insider

The WealthTech Insider

By Finura GroupTechnology
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The WealthTech Insider episodes

  • The AI Value Trap: Innovation Without Profit?

    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!

    19 min
  • Tech-Driven Compliance: Role Clarity & Policies in Wealth Management (Part 1)

    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!

    23 min
  • 2025 Wealth Tech Predictions

    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



    48 min
  • 2024 in Review: How Our WealthTech Predictions Stacked Up
    In this episode of WealthTech Insider, hosts Danni Le Grande and Peter Worn reflect on their predictions for 2024, discussing the emergence of AI in WealthTech, the challenges of technology adoption, and the evolving landscape of digital advice. They explore the concept of AI washing, the overpromising nature of AI tools, and the need for tech providers to regain control over their product distribution. The conversation highlights the importance of engaging consumers in digital advice and the necessity of viewing technology as an investment rather than just an operational cost. In this conversation, Danni Le Grande and Peter Worn discuss various themes surrounding social media's impact on attention spans, the importance of user testing in software development, and the challenges faced by start-ups in the current market. They explore the dynamics of wealth management, the need for innovation, and the unexpected alliances forming in the tech space. The discussion also touches on the shift towards private ownership in wealth management and reflections on AI's role in technology recommendations, concluding with insights on regulatory challenges and industry adaptation.
    55 min
  • Tech Health Check Insights (Part 2): Enhancing Efficiency and Communication
    In this episode of The WealthTech Insider, Danni Le Grande and Simon Betchley dive into part two of our Tech Health Check series, focusing on the pivotal themes of streamlining the advice process and improving client communication.We explore:- The common bottlenecks in advice implementation and how to address them.- Practical ways to use technology to boost efficiency and client satisfaction.- The benefits of integrating client portals and CRMs into your workflow.- Insights into consolidating product providers to simplify operations.Tune in for actionable takeaways and expert perspectives to refine your tech strategy and elevate your client experience. Don’t forget to subscribe, leave a review, and share this episode with your network! Access our Technology Health Check at https://finuragroup.com/tech-health-check/
    16 min
  • Tech Health Check Insights (Part 1): Rethinking Client Security and Engagement
    In this first instalment of a special three-part series on The WealthTech Insider, host Danni Le Grande is joined by Simon Betchley, Senior Industry Advisor at Finura Group. Together, they dive into the key findings from Finura's Technology Health Check, which surveys financial advice businesses on their tech practices. In Part 1, Danni and Simon focus on the ongoing risks of emailing sensitive client documents and the growing need for secure alternatives like client portals. They discuss practical steps for improving cybersecurity, boosting client engagement, and managing internal communications. If you're looking to protect client data and streamline your advice business, this episode is packed with actionable insights! 
    27 min
  • Wealth Tech News: Big Acquisitions, Digital Advice, and the Future of Platforms
    In this episode of The Wealth Tech Insider, host Danni Le Grande and resident guest Peter Worn explore the latest headlines in the Wealth Management technology space. They dive into Netwealth’s full acquisition of Xeppo, the launch of IRESS and Hostplus’ SuperSmart digital advice platform, and the impact of leadership changes at global wealth giant FNZ. The duo also breaks down recent Australian platform growth, with Hub24, Netwealth, and Praemium showing impressive results. Listen in as they discuss how legacy platforms are adapting to new challenges, the role of data aggregation, and their bold predictions for the future of wealth tech and digital advice innovation in Australia. 
    32 min
  • Harnessing AI in WealthTech: Innovations, Ethics, and Future Opportunities
    In this episode of The WealthTech Insider, host Danni Le Grande sits down with Peter Worn from Finura Group to dive deep into the transformative role of AI in the financial industry. Together, they explore the latest advancements in AI tools, from CRM innovations to AI-driven chatbots, and how these technologies are streamlining operations and enhancing client interactions. Tune in to discover how AI is shaping the future of WealthTech, and learn about the ethical considerations and strategic implementations every business should be aware of as they navigate this evolving landscape.
    34 min
  • Maximising Efficiency with Microsoft CoPilot
    Welcome to another episode of The Wealth Tech Insider where host, Danni Le Grande is joined by Finura Senior Consultant Dipal Khatri, for a Quick Tips session focused on leveraging AI, specifically Microsoft’s CoPilot, in the Financial Advice Industry.In this episode, we delve into how CoPilot is supporting productivity in Financial Advice Businesses. From drafting and summarising emails to improving meeting preparation, File Notes and content creation, CoPilot is integrated into the Microsoft products we use every day—Word, Excel, PowerPoint, Outlook, and Teams. We give some practical ways Financial Advisers can use CoPilot, such as recording and transcribing meetings, managing email communications, and generating client reports. We also emphasise the importance of using AI ethically and responsibly while maintaining compliance and client privacy.This episode is packed with valuable insights to help you make the most of AI technology in your Financial Advice Practice.AI Frameworkhttps://www.thecybercollective.com.au/aiframework/Finura Group Technology Health Checkhttps://finuragroup.com/tech-health-check/
    20 min
  • AI in Financial Planning: Ethical Insights with The Wealth Tech Insider
    Welcome to another episode of The Wealth Tech Insider. In this episode, Danni is joined by Selin Ertac from Tangelo Advice Consulting and Fraser Jack from The Cyber Collective to discuss the newly developed AI Usage Policy. This comprehensive guide is designed to help financial advice businesses harness AI tools responsibly and ethically.
    Join us as we delve into the importance of ethical AI, data privacy, and the balance between AI and human judgment. Discover the potential risks, challenges, and immense benefits AI brings to financial services. Learn about best practices for using AI tools and the importance of transparency and fairness in AI applications.
    Whether you're a financial adviser, tech enthusiast, or simply curious about the future of AI in financial planning, this podcast is for you. Tune in for expert insights, real-world examples, and valuable resources to help you navigate the evolving landscape of AI in financial services. Don't miss out on the essential information that can help you integrate AI into your business securely and effectively.
    26 min

About The WealthTech Insider

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Discussing all things Wealth Tech. News and trends with great guests from all over the industry and the world.