AI assessment for financial adviser competency
Rubric-graded, human signed-off. Not a quiz generator.
Free plan - no card required.
Scorafy is the assessment-feedback layer for financial adviser certification and continuing professional development. It reads a candidate's open-ended submission - a written advice scenario, a statement of advice, a case study or a recorded client-conversation response - then maps it to your rubric with cited evidence taken from the work. A qualified assessor reviews every result and signs off before it is recorded, so no judgement is made by software alone. Built for defensibility: every result carries a human sign-off and a full audit trail. It is not a registry or advice-compliance system - it handles the part where candidate work is scored.
What you assess for financial adviser competency
- Establishing the client's goals, situation and risk tolerance before recommending anything, including the questions asked
- Suitability of the advice to the client's circumstances, and whether the recommendation is justified rather than product-led
- Disclosure and acting in the client's best interests, including conflicts of interest and fees explained clearly
- Explaining a recommendation in plain language a client can actually understand and act on
- Documenting the advice and the reasoning so it stands up to review
A worked rubric criterion
You define the criteria and levels. Scorafy grades each answer against them, with the evidence.
Criterion
Assesses suitability before making a recommendation
Why a quiz won't cut it
A multiple-choice exam can confirm a candidate knows the rules, but it cannot show whether they would actually establish a client's needs, give suitable advice, and act in the client's best interests when a product would earn more. Adviser competency is judgement and conduct, and it lives in how a candidate handles a real advice scenario and justifies the recommendation. Scorafy grades that open-ended evidence against your rubric, so the applied judgement and the reasoning are assessed, not the rote knowledge.
Written, video, audio or file
A recorded response adds value because advice is delivered in conversation. A candidate can upload a recording of how they would explain a recommendation to a client, plus written documents such as a statement of advice. Scorafy assesses the spoken explanation alongside the documents against your rubric, so the candidate's plain-language communication and their written reasoning are both part of the evidence the assessor confirms.
A qualified person signs off
Scorafy drafts the scoring against your rubric and references the evidence. A qualified assessor reviews every result, overrides anything, and finalises it. The AI score is kept alongside the human-final score as an audit trail, so no decision is solely automated and every result can be explained.
Compliance and defensibility
Financial advice is high-stakes and regulated, so a human in the loop is essential and the result must be defensible. Scorafy is built compliance-first under the GDPR and the EU AI Act, and assessment is treated as a higher-scrutiny use of AI. A qualified assessor reviews and signs off every result - there is no solely-automated competency decision. Every score keeps an audit trail showing the rubric applied, the evidence cited, and the assessor who confirmed it, which is what you rely on at review or audit.
Frequently asked questions
Can Scorafy assess a statement of advice or an advice scenario?
Yes. A candidate can submit a written statement of advice, a case-study response and a recorded client-conversation answer. Scorafy maps all of it to your rubric, cites the evidence behind each judgement, then a qualified assessor reviews and signs off.
Can the rubric reflect best-interests and suitability requirements?
Yes. You write the rubric, so it can require candidates to show how they established the client's needs, justified suitability, and disclosed fees and conflicts. Scorafy grades the evidence against those criteria and shows the reasoning behind each score.
Does software decide whether an adviser is competent?
No. Scorafy scores the evidence and shows its reasoning, but a qualified assessor reviews and signs off every result before it is recorded. No competency decision is made by software alone.
Is Scorafy an advice-compliance or registry system?
No. Scorafy assesses submissions and produces a defensible, human-signed result. It is not your advice-compliance platform or registry - it plugs into the part where candidate work is scored and works alongside the systems you already use.
See it on your own rubric
Start free, build one rubric, and run a real submission through it before you decide.