The rise of artificial intelligence in wealth management is no longer based solely on the power of algorithms. For many industry players, the real challenge now lies in data quality and exploitation. This is precisely where WealthTech Flanks intends to position itself with the launch of its AI Financial Advisor, an analysis co-pilot designed for wealth management advisors, CIOs and investment teams.
Designed as a wealth intelligence tool, this system enables professionals to interrogate complex portfolios, often spread across several custodian banks, family structures and jurisdictions, simply by formulating their questions in natural language.
The aim is to quickly obtain a clear picture of a portfolio's overall allocation and actual exposures.
Instant reading of complex assets
Thanks to a multi-agent AI architecture, the platform combines customer asset data with real-time market information.
Advisors and investment teams can thus obtain analyses on :
- asset allocation by class, custodian or family structure
- private equity capital calls
- dividend income trends
- portfolio sector exposure compared to benchmarks
The aim: to provide a consolidated, usable view of assets, covering all asset classes. For family offices and CIOs managing multi-custodian portfolios, this ability to aggregate and analyze information becomes a real steering lever.
AI for analysis, not recommendation
In a highly regulated environment, Flanks has chosen a tool focused on analysis. The system produces descriptive information, but does not generate investment recommendations or buy/sell signals.
All answers are based on structured, verified data, with access controlled according to roles and full traceability of sources.
Data as the driving force behind AI
For Flanks, the AI revolution in wealth management rests first and foremost on the ability to structure data.
The infrastructure developed by the company today aggregates information from over 600 financial institutions in 33 countries and processes over 500,000 portfolios every month, for private banks, multi-family offices and wealth institutions in Europe and the Middle East.
Founded in Barcelona, the company operates in asecure cloudenvironmentcompliant with European governance and compliance standards.
For its co-founder Álvaro Morales, the industry has long approached AI in the wrong order:
"Many players have sought to create automated consulting without having a reliable database. When data is finally consolidated and structured, AI can really produce actionable wealth intelligence."
Eventually, Flanks plans to go further by integrating automated investment proposal generation capabilities, to enable advisors and investment teams to focus more on strategic allocation, analysis and client relationships.
See the AI Financial Advisor demo here.
This article has been automatically translated using Breeze, powered by DeepL.