Carbon for smaller firms · Wealth management
Reduce the preparation behind each suitability report.
Carbon helps wealth management and financial advice firms of 80 to 300 people put AI into the work around every client. We build each workflow with you and run it for you, and your advisers stay responsible for every recommendation.
We're developing these workflows with a small number of founding clients, who help shape how the system works in their firm.
01Where the time goes
Where the time goes.
Every meeting needs preparing. Fact-finds, notes and risk profiles have to be turned into a suitability report. Client files are checked for gaps before every compliance review, and annual reviews pile up across the client bank.
02How the work changes
The same work, running differently.
We start with the workflow that takes the most time, and add the next once the first is running.
- 01
Meeting preparation.
Client data and past correspondence become a meeting pack. Your adviser reviews it before the meeting. Measured by preparation time.
- 02
Suitability reports.
Meeting notes, fact-finds and risk profiles become a draft suitability report in your house style. Your adviser reviews and signs. Measured by hours per report and clients per adviser.
- 03
File checks.
Client files are checked for missing documents and out-of-date information before compliance review. Gaps go to the right person. Measured by files checked per week and issues found.
- 04
Annual reviews.
Review packs are prepared across the client bank, with the information used for outcomes monitoring organised as you go. Your advisers run the reviews. Measured by review backlog and reviews completed.
03Good to know
Records and review
The system records each step and who reviewed it, and your adviser signs every recommendation.
Part of a group, or building one?
If you're building a group, the workflow design is reused across your firms. Systems, templates, permissions and local processes are assessed for each one, and one licence agreement can cover every firm in the group. And if your firm is joining a group, what we build moves with you.
04Questions advisers ask
Does AI make recommendations to clients?
No. It prepares and drafts. Every recommendation is made and signed by your adviser.
What about meeting recordings?
Where notes come from recorded meetings, recording happens only with your client's consent, under your existing policies.
How long until it's live?
As a founding client, where we're building the workflow for the first time, expect 8 to 12 weeks. Once a workflow is established for wealth management, it can go live in about a month after the workshops.
Find out which workflow to automate first.
A 30-minute call about how work runs in your firm.