Today’s Conveyancer – AI Source of Funds Summaries are not necessarily Source of Wealth

AI source of funds summaries are not always source of wealth.

The distinction between Source of Funds and Source of Wealth is not new, and most conveyancers understand it perfectly well. Source of Funds examines the funds used in a specific property transaction, while Source of Wealth looks at how the client built their overall financial position.

Our Chair, Mike Ward, spoke to Today’s Conveyancer to examine how there is increasing use of marketing and AI summaries of source of funds that tell you it’s a source of wealth. Frequently, it’s not. Read about it here.

By The Armalytix Team — 20 July 26
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