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Agentforce for Wealth Management

Agentforce for Wealth Management: Unlocking Personalized Experiences at Scale

In the world of wealth management, personalized advice and proactive service are paramount. But as client expectations rise and portfolio complexities increase, advisors are stretched thin. Enter Agentforce, Salesforce’s generative AI solution, offering a powerful way to deliver personalized wealth management experiences at scale.

Beyond robo-advisors: The Agentforce advantage

In our previous exploration of Agentforce for banking, we saw how this technology can redefine customer service by providing immediate support, personalized experiences, and empowered employees. Now, let’s take a look at Agentforce through a different lens — that of wealth management, where personalized advice and proactive service are critical for success.

While robo-advisors offer basic automated portfolio management, Agentforce goes beyond basic automation to deliver truly personalized wealth management experiences. Here’s how:

Hyper-personalized insights, delivered with human expertise

Agentforce leverages predictive AI and predefined rules to analyze client data, risk tolerance, financial goals, and market trends. Then, combining this analysis with generative AI-powered summarization and content generation provides advisors with an automated tool to create truly tailored advice and investment strategies. Imagine a client receiving a notification like this:

“Based on your risk profile and recent market activity, we have identified a potential opportunity to rebalance your portfolio. To explore this further and discuss personalized recommendations, please contact your advisor.”

This approach empowers clients with information while ensuring that a human advisor provides the final guidance and ensures the strategy aligns with their individual needs and circumstances. The advisor can leverage the insights generated by Agentforce to initiate a conversation, offer tailored recommendations, and deepen the client relationship.

Proactive engagement: From assistant to autonomous agent

Agentforce offers varying levels of proactive engagement, depending on how it’s configured and the specific use case:

  • Assistive agent. In this mode, Agentforce acts as a “copilot” for the advisor, analyzing data and summarizing key information. For example, it might analyze a client’s portfolio and flag potential risks or opportunities based on predefined rules or predictive models. This empowers the advisor to initiate a conversation with the client, armed with relevant data and insights.
  • Autonomous agent. Agentforce can also operate more autonomously, proactively alerting clients to specific situations or events. For instance, if a client holds a significant position in a company that is facing unexpected headwinds, Agentforce can automatically generate an alert to both the client and the advisor, prompting them to discuss potential adjustments to the portfolio.

These proactive approaches strengthen client relationships and demonstrate a commitment to their financial well-being.

24/7 access to information and support

Clients can access key information, get answers to their questions, and manage simple requests anytime, anywhere, through an intuitive chat-based Agentforce interface. Imagine a client wanting to quickly check their latest portfolio performance while traveling, or needing to schedule a meeting with their advisor. Agentforce can handle these requests seamlessly, providing immediate support and enhancing client satisfaction. This convenient access also frees up advisors to focus on high-value activities like personalized financial planning and building deeper client relationships.

Benefits of Agentforce for Wealth Management

Building your Agentforce wealth management strategy

Wealth management firms need a strategic implementation plan to maximize the benefits of Agentforce. Here’s a roadmap to guide your journey:

  • Define your vision. Identify key areas where Agentforce can add the most value, such as client onboarding, portfolio reviews, financial planning, or ongoing support. Ask, “Where can assistive agents help advisors or clients make better decisions? Or “Where can autonomous agents go a step further and drive automated action?”
  • Develop personalized journeys. Create interactions that guide clients through complex financial topics, provide tailored advice, and offer proactive support.
  • Integrate with existing systems. Seamlessly connect Agentforce with your CRM, portfolio management tools, and other relevant platforms for a unified view of client data.
  • Prioritize human expertise. While Agentforce provides powerful automation and insights, it’s important to remember that human advisors remain at the heart of wealth management. Agentforce empowers advisors to be more efficient and effective, allowing them to focus on building deeper relationships and providing strategic guidance to their clients.

The future of wealth management is here

It’s personalized, proactive, and powered by AI. Agentforce empowers you to deliver exceptional client experiences, scale your business, and stay ahead of the curve. But we understand that entrusting your financial decisions to AI can feel like a big step. That’s why Agentforce is designed to work in partnership with human advisors, not replace them. It provides advisors with the information and tools they need to make informed decisions, build trust with their clients, and confidently offer truly personalized advice.

Ready to unlock the full potential of your wealth management practice? Learn about Atrium’s Salesforce Agentforce Consulting Services.