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Foster Denovo turns up AI pace with new tech partner Palindrome
28.05.2026Wealth manager and employee benefits consultancy Foster Denovo has taken a transformational step forward to harness the impact of agentic AI in its day-to-day operations.
Partnering with fintech firm Palindrome, the UK-wide business has harnessed the significant opportunities offered by workflow and agentic AI solutions with further development to come.
This means Foster Denovo is now able to use unstructured information, alongside its structured data lake, to transform the way its technology powers its advisory and consulting teams.
Group Managing Director Helen Lovett, well known across the advice industry for her AI advocacy, said agentic AI will not only free colleagues to spend more time on client-facing business but also change the face of back office systems in private wealth.
She added: “Logging on to different portals, waiting on the phone, wading through electronic files already belongs to a bygone era. Using an AI chatbot to surface intelligence from data, documents and call recordings is transformational.
“We’re diving in because of the step change in ways of working that are now available. Pre-meeting packs, fact-finds, suitability letters can all be drafted in minutes. Typing in a question gives you the answer. It will utterly transform the tasks underpinning the advice we give and clients will see an immediate impact. It’s no exaggeration to say the possibilities are endless.”
Palindrome Co-Founder Ed Beckett said: “What stands out about Foster Denovo is the quality of its process and its readiness to embrace AI.”
“Adopting an agent-native operating system tailored to how the firm works is a decisive step. Advisers didn’t train for years to spend their days on data entry and letter writing. Palindrome takes core parts of the advice lifecycle off their hands, so they can focus on the elements only they can deliver: the human ones.”
The group, which looks after more than 10,000 private and 1,500 corporate clients, was accredited with Platinum status by Investors in People in 2024.
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