This report explores how Canadian wealth managers are engaging with generative AI. One-third of surveyed firms see a role for GenAI in their business, and one-quarter are already testing AI use cases. All full-service brokerages surveyed are active to some degree, ranging from running production instances to early exploration. Ten of 21 firms plan to invest over $25 million in AI within two years. While GenAI momentum is building, uncertainty remains about its exact applications. Execution maturity is mixed, with many firms still in early or average stages, highlighting room for growth.

Join for free to read