The latest technology news in the wealth management sector from around the world.

Advisor360°, Allstate Financial Services
US life insurance provider and registered broker-dealer Allstate Financial Services has chosen wealthtech firm Advisor360° as the provider of its new, AI-driven wealth management technology platform. 

The new platform will unify insurance and investment product portfolios into a “modern and intuitive digital experience for Allstate customers and employees,” Advisor360° said in a statement this week. 

The adoption of this technology will allow personal financial representatives for Allstate to gain household-level views across brokerage, advisory, insurance products, and other important customer data. 

In March this year, Advisor360° issued a report stating that financial advisors are embracing generative AI to make their business more efficient. The firm, in its 2025 Connected Wealth Report, surveyed 300 US-based financial advisors at enterprise wealth management firms to better understand their views on technology and its impact on their work. There is a “clear shift” in advisors’ attitudes toward AI and Gen AI compared with the previous 12 months. In 2024, the firm said 83 per cent of advisors moving firms in the past three years are pleased they did so.

This news service continues to examine use cases for AI and wealth management. Examples are here and here.