Digest June 30th

AI-Powered Financial Planning Tools Get Major Backing

Conquest, a Canadian AI startup used by ~60,000 advisors across 1,000 firms, raised a Series B and drew investment from Goldman Sachs and Citigroup. Advisors leverage its platform to streamline and enhance client plans via data-driven insights and soon an advisor chatbot—designed to support, not replace, human interaction.  Investopedia

Compliance Risks Rise Amid Rapid AI Adoption

A Legalfly survey of 154 GCs at financial firms in the UK, Germany, and France found 90% using AI, but just 18% have proper policies governing it—many firms lack clear protocols, even when using AI on sensitive client data. This inconsistency opens the door for data leakage, deepfake scams, and other AI-related compliance threats. FNLondon

Advisor Tech Integration Advances

FinMate AI now connects directly to PreciseFP, which then syncs data to platforms like eMoney, RightCapital, IncomeLab, and Holistiplan. It’s among the first AI-enhanced meeting tools to link end-to-end into advisor systems—highlighting a larger trend of seamless tech stacks and deeper integration across advisor workflows. PreciseFP