Key Takeaways

I recently spoke to an advisor who said a good margin is 35-40%. However, with the top financial advisor AI tools, it is possible to boost that to 60% or more.

AI tools for financial advisors can save you time, open bottlenecks and boost ROI. However, not all AI software for financial planning is created equal.

Here is a list of the top AI tools advisors are talking about in 2025:

• AI note taking for financial advisors (Fireflies, OtterAI, Zocks)
• Financial advice AI chatbots (Tidio, botpress)
• AI financial planning tools (Conquest Planning, FP Alpha)
• AI compliance tools (Evercompliant, ForwardLane)

Below, I’ll explain how advisors are using these AI tools to maximise their returns. However, you’ll also see that there may be a better way for advisors to approach AI.

A way that avoids relying on pricey fintech subscriptions. 

A way that puts you in control of your AI architecture, and gives you greater flexibility.

In the meantime, here is a summary of the key points in this article:

• AI adoption is now mainstream. 92% of North American advisors are using at least one AI tool in 2025. Integrating AI is increasingly the norm, not a nice-to-have.
• Start small, scale smart. Be careful about going “all-in” with AI. Consider piloting a single tool to solve your biggest workflow pain point, then gradually expand.
• AI note taking for financial advisors (like Zocks) saves a lot of time – recapturing 12+ hours per week by automating meeting notes, summaries, etc. However, an advisor-owned model may be better.
• Planning platforms (Conquest, FP Alpha) power up your advice with scenario modeling and tax savings, helping you uncover hidden client value and justify higher planning fees.
• Security and compliance aren’t optional. Look for AI tools with bank-level encryption, regular audits and privacy certifications to keep your clients (and your practice) safe.

So, let’s dive into the full guide for side-by-side comparisons, pricing and advisor-tested favourites.

(All prices were accurate at the time of writing in June 2025).

AI Note Taking for Financial Advisors

Fireflies, Otter AI and others

We’re all human. All of us have had that horrible feeling after leaving a meeting, having forgotten some key information that a client told us. 

Here, AI meeting tools like Fireflies and Otter AI have sprung up to help. They record, transcribe and summarise meetings – boosting retention and reducing time spent on manual note-taking.

The result could be a time reduction of up to 75% in meeting-related admin. Moreover, many of these tools offer free trials or a free tier on their monthly plan.

Some industry-specific tools have even sprung up, such as PlannerPal, offering handy features such as a summary email to the client.

Zocks is another contender, offering a dedicated AI notetaker starting at $80 per month.

However, there are limitations with some of these tools.

For financial advisors, two big issues loom: compliance and integration.

In particular, many of these AI tools have servers based in the US. For financial advisors based in the UK, Australia and elsewhere, this could create a problem regarding compliance and data protection.

Fireflies does offer private storage within the EU or UK for enterprise customers. However, this means paying $39 per month instead of sticking with the free plan. 

The other issue: many of these AI tools do not integrate nicely with advisor-specific CRMs, like Intelliflo (UK) and Xplan (Aus).

Total Monthly Cost: $39 – $80

Another Option

So, is there an alternative to these meeting assistant AI tools for advisors?

Yes, you could build your own lightweight version using an LLM like ChatGPT or Gemini, and then self-host using your own automation software.

Whilst this requires more up-front work than a subscription-based model, it can be far cheaper in the long run. It also gives you more control over your tech stack.

That means you can build your AI around your own systems, staff and processes, instead of being “shoe-horned” into a fintech’s way of doing things.

I’ll explain a bit more about how this works later.

For now, let’s move onto some other top financial advisor AI tools rated in 2025.

Financial Advice AI Chatbots

Tidio and botpress

Many advisors are increasingly intrigued by web-based assistants (chatbots) that can simulate human-like conversations with prospects and clients.

For instance, suppose a potential client visits your website. They may not be ready to book a meeting right now, but they may be prepared to talk to a digital version of you.

This can help your leads self-qualify (saving you time) and captures leads earlier in their buying journey.

Some notable fintechs have risen up in this space. For instance, botpress provides conversational agents that advisors can “bed” onto their sites, using an intuitive drag-and-drop interface.

Tidio is another option, offering 16 different chatbot triggers and customisable UI elements.

The big drawback here for financial advisors? The pricing.

The Plus plan for botpress will set you back $85 per month. Tidio is an easier pill to swallow at €49.17 per month for 2,000 billable conversations. 

There is also a big question hanging over financial advice AI chatbots: can you completely trust what they will say to prospects and clients?

The last thing you need is your chatbot handing out unregulated advice to a website visitor without your knowledge. Or, spewing out poor-quality support.

Klarna recently discovered this the hard way. After replacing 700 of its workers with AI, customers began complaining widely about the fall in customer service.

So, you need to approach this one extra carefully as an advisor.

Total Monthly Cost: $95 – $165 (Cumulative)

The Alternative

If you are committed to having a virtual customer assistant on your website, you don’t need to hand out a costly monthly subscription. There is another (cheaper) way.

You can build your own!

The great benefit of this approach is that YOU set the guardrails around what your chatbot can and cannot say, giving you far greater brand protection.

You may be starting to see where I’m coming from with this article…

Yes, there are some amazing financial advisor AI tools emerging in 2025. However, many of them rest on subscription models that profit off advisor ignorance about the underlying technology.

At TealePen and Pixel, our approach is different. 

We help financial advisors build their own AI-powered automations. Rather than locking you into a subscription, we build these as one-off projects.

Once the project is done, you own the AI infrastructure, to develop as you see fit into the future.

AI Financial Planning Tools

FP Alpha, Conquest Planning

This is where some of the real power of financial advisor AI tools is seen.

These AI financial planning tools act like a “scenario-planning sous-chef” – doing the heavy lifting with data, so you can focus on client strategy and rapport.

The two pack leaders in 2025 are FP Alpha and Conquest Planning.

Both offer powerful features like visual scenario modelling, context-rich client presentations and cross-discipline insights to help identify hidden tax/planning “wins”.

Conquest Planning is also available in multiple markets, including Canada, the US and the UK.

The big drawback? Again, it’s the cost. 

The all-in-one licence for FP Alpha will set you back $1,995, per advisor per year.

Total Monthly Cost: $261 – $331 (Cumulative)

Build Your Own

You may not be able to match the polish or integrations of these AI financial planning tools right out of the gate. However, it is absolutely possible to replicate their core features on your own platform.

For instance, you could build a self-hosted automation that scans documents via OCR/API. These can then be sent to an LLM using pre-trained extraction prompts.

From there, your system could extract the core items needed to create tax “snapshots” or simulations.

A similar process could also be used to extract policy data from insurance documents, looking for gaps in client protection and suggesting ways to strengthen it.

The benefits? A lower overall cost, with greater control and flexibility over your AI tools.

AI Compliance Tools

Evercompliant, ForwardLane

One possible use case of financial advisor AI is to use for compliance checking – e.g. monitoring comms, like website article posts, for potential regulatory issues.

Here, the space is quite empty for financial advisor AI tools. 

This surprises me, given how stymied many financial advisors feel when trying to market themselves (only for compliance to slap their wrists).

I managed to find two possible AI compliance tools for advisors: Evercompliant and ForwardLane.

The first appears more focused on e-commerce marketplaces, with no clear pricing (suggests that it may be expensive!). 

However, its MarketView product might have use cases for a financial advisor, since the solution focuses on finding hazardous products in a portfolio.

ForwardLane is also geared towards enterprise clients, with little pricing information. However, it positions itself as a specialist in wealth management, asset management and insurance.

We won’t speculate on the pricing here, but given the focus on larger firms, it is probably safe to assume these might be overkill for a smaller financial advisory firm.

Total Monthly Cost: $261 – $331 (Cumulative)

The Owned Solution

I’ve worked with advisers for 10 years now, so I know how much compliance can be a bottleneck.

The great news? In 2025, technology now makes it possible to accelerate the review process for your content (blog posts, emails and social media).

With a self-hosted workflow, you can reduce the back-and-forth between you and compliance – using AI to check for compliance issues before you publish.

I recently built a system like this for an advisor, and it works wonders. All the advisor needs to do is draft an article, upload it to the “holding area”, and issues are flagged early.

Compliance is then invited for review. After everyone is happy, the piece can be published.

No more emails to-and-fro, waiting endlessly for a reply.

Content can be drafted and signed off within as little as a day – not weeks.

Financial Advisor AI Tools vs. Infrastructure

As you can see, there is a wealth of AI for financial services firms available in 2025. 

Looking ahead, the options are only going to increase as the technology advances, and new solutions are found to age-old problems.

However, there is an issue lurking in the background regarding AI tools for advisors – and few people are having the discussion. 

These tools are great if they save you time, boost efficiencies and increase your margins. Yet, what if you are paying more than you need to?

Moreover, what if you are locking yourself into a fintech, making it hard to walk away once your business is fully reliant on them?

Why should you need to “rent” someone else’s AI tools, when you could build your own infrastructure?

At TealePen and Pixel, we take these questions seriously. That’s why we take a different approach to financial advisor AI.

We believe your automations should run on infrastructure you own and control. That means no hidden fees, and no dependency on AI startups that may fail.

Just smart, secure automation, tailored to how you work.

What does that look like, in practice?

It means talking to you about which AI tools you really need, and customising a Build Plan around that.

It means treating this all as a project, not a subscription (a one-off cost, not an ongoing fee).

We build your AI infrastructure, house it on your own server, and then hand it over to you. 

After that, it’s yours.

The other benefit? It ends up being much cheaper in the long run compared to the lifetime costs of subscriptions to a fintech.

Conclusion

It has probably never been a more exciting time to be an advisor. AI has opened new doors to scale, cut costs and boost margins – in ways nobody previously thought was possible.

Here’s how you can start seizing the advantage:

• Pinpoint your biggest “time drains”. Start with just one workflow that frustrates you most and see where AI can lighten the load.
• Pilot a top-rated solution (even if only for a week). Test platforms if you want to go the “subscription route” with AI to get a real feel for what fits your daily rhythm.
• Prioritise security and integration. Choose tools built for financial data, with robust compliance and smooth connections.
• Track results with intention. Measure hours saved, client response and quality of insights, not just adoption for adoption’s sake.
• Stay curious and build momentum. Financial advisor AI tools are evolving fast. Revisit your stack every quarter and be ready to add (or swap out) tools as your needs change.

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That next step isn’t overwhelming; it’s practical and immediate. Pick the one pain point you wish you could solve, and try an AI tool designed for it.

And if you’re curious to learn more about our project-based approach to financial advisor AI, please get in touch. 

We’d love to send you our pricing and detailed breakdown.

Request Pricing & Outline for Adviser-Owned Automations