The Agentic Future of Finance and Wealth Management

The financial industry stands on the brink of a transformation as significant as any we’ve witnessed in decades. With the global AI software market projected to grow from $50.1 billion in 2020 to over $110 billion by 2024, according to IDC, the rapid adoption of artificial intelligence is set to redefine how we approach wealth management. This surge in AI-driven innovation is particularly pronounced in financial services, where organizations worldwide are expected to spend an estimated $300 billion on AI initiatives by 2025, as reported by McKinsey. A recent study by OMNIA shows how the Financial Services Industry writ large is deploying AI at a faster clip than any other industry.

These investments reflect a growing confidence in the power of agentic systems—AI-driven platforms capable of autonomously analyzing data, making recommendations, and even executing transactions on behalf of users. It is estimated that by 2030, AI agents could add $16 trillion to the global economy! A 2023 Deloitte survey found that more than 85% of financial services firms plan to expand their AI spending in the next year alone.

According to Research and Markets "The AI agents market is projected to grow from USD 5.1 billion in 2024 to USD 47.1 billion by 2030". As many as 82% of tech executives intend to integrate AI agents across their stacks within the next three years. This remarkable expansion, characterized by a robust CAGR of 44.8% between 2024 and 2030, is mostly driven by technological advances in natural language processing. As the capabilities of AI agents such as GPT-4o", X.ai, Perplexity, Anthropic and open source LLM's such as Meta's Llama become better at understanding and generating human language, they can handle more sophisticated and nuanced context-aware interactions with users. 

For wealth management, this shift means moving from reactive decision-making to real-time, proactive strategies informed by vast, ever-evolving datasets. This means better forecasts, analysis and problem solving. According to Accenture, 80% of banking executives believe AI will become the primary interface between banks and customers within three years, indicating a swift transition to automated, personalized advisory experiences.

As many of you know Intellectus has been at the forefront of Artificial Intelligence for years. We first wrote about its coming impact in the Investment world in 2018 in our blog "Invest with AI or die" where we summarized:

"Just as the pervasiveness of the internet has forced all companies to adopt and "become" "internet" companies. All Investment Managers and Advisors will integrate AI deeply into their processes. We expect broadening adoption as it’s a relatively simple choice, either use machine-learning based output to benefit your investors or at worst add little value, or chose not to and risk losing your edge."

Agentic platforms promise more than just efficiency; they aim to enhance the client experience in measurable ways. A recent Capgemini report noted that over 70% of investors who received AI-driven insights from their advisors reported improved financial literacy and engagement. This deeper level of personalization allows the Advisor to have a deeper understanding of the client needs and goals and provide them with an ability to respond far faster...sometimes before a problem even occurs. This is achieved through continuous data ingestion, predictive analytics, and machine learning algorithms that learn a client’s risk tolerance, goals, and market behavior patterns. As a result, individuals receive guidance tailored to their specific circumstances, while advisors benefit from automated alerts and time-saving workflows that free them to focus on high-level strategy. At Intellectus, we see these trends not as mere projections but as opportunities to pioneer the future for our clients.

At the January 2025 CES show Keynote, Jensen Huang, Founder & CEO of Nvidia made the case for Agentic AI to be the "next big thing" in computing and AI.

Our soon to be released to the public Agentic platform - Intellebox.ai creates a trusted AI smart portal where our clients can consume and absorb all of the latest thinking and strategies of the Research & Strategy team being developed within the firm which is served to them with an Agent Platform that upends the traditional method of delivering value to clients. It blends the best of cutting-edge AI with human expertise, striving to empower both advisors and investors. You may have heard of the mythical "10x Engineer"? Well, we are building 10x Advisors! By automating routine tasks and uncovering hidden market opportunities, we aim to amplify the strategic acumen of our wealth & investment professionals rather than replace them. In the long run, this synergy will redefine how knowledge is transferred from advisor to client, making financial insights more intuitive, actionable, and transparent.

The Agentic revolution is here, and it is redefining the next era of wealth management. The question is no longer if but how this shift will transform the industry.

At Intellectus, we believe the answer lies in seamlessly integrating intelligent automation with human-centric advisory—one breakthrough at a time.