Wealth Wizards keen to "revolutionise" UK's advice sector

UK-based fintech Wealth Wizards has launched Turo, a new artificial intelligence (AI) solution that, according to the firm, "will provide access to faster, cutting-edge robo-advice for the entirety of the advisory sector; from the smallest advisory firm and independent financial adviser to the largest multi-national". Set up in 2009, Wealth Wizards says it has "pioneered" the development of expert online regulated financial advice in the UK. It was the first in the UK to launch a white-label robo-adviser, working with retirement specialist LV (which as of August 2015 holds a majority stake in Wealth Wizards). The company's aim is "to make financial advice affordable and accessible to everyone". In addition to its existing offerings (including a robo-paraplanner tool that supports "at-retirement" advice), it can now offer multiple services available through its white label Smart Platform powered up by Turo.