Financial Planner Life Podcast A Financial Adviser Built AI That Replaced His Job for £149 a Month
How can financial advisers use AI to grow their business without hiring more staff?
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In this episode of Financial Planner Life, Sam Oakes sits down with Max Anderson, former financial planner and founder of Wealth Space, to explore how artificial intelligence is transforming the day-to-day reality of running an advice firm.
Max built Wealth Space after experiencing the same challenge most advisers face today: capacity.
Advice firms are not short of demand. They are short of time.
Client meetings, suitability reports, compliance documentation, and administration create an operational bottleneck that stops firms from scaling.
In this conversation we explore how AI for financial advisers can reduce admin, improve productivity, and help firms grow without increasing headcount.
Max also shares how the technology was used in his own advice business and how it helped replace adviser capacity for £149 per month.
We also discuss:
• How AI is changing financial planning
• Reducing suitability report time from 90 minutes to 20 minutes
• Using technology to increase adviser capacity
• Growing from 80 clients to 120 clients per adviser
• Why the biggest challenge in advice firms is operational workflow
• How AI tools can support paraplanners and advisers
• The future of advice technology and the Polaris junior adviser model
If you're curious about AI in financial planning, wealthtech, or how advice firms can scale more efficiently, this episode is for you.
🎧 Listen now to learn how artificial intelligence could reshape the future of financial advice.
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