This episode felt like it was recorded in December of 2022. There are so many significant AI changes since the last 6-7 months and none of that was covered. Instead there was some average chit-chat about the importance of summarisation and workflow tools. There was also a mention about privacy concerns using AI tools like ChatGPT. That was solved by Open AI 2 weeks ago with ChatGPT Enterprise - they have a SOC2 compliant enterprise offering that organizations can use to integrate with. Here are some massive “AI Revolution” topics that were not talked about: 1) Open Source AI models like LlaMa2 Vs Closed source (Open AI, Anthropic etc.) - what does this mean for Wealth Management firms? And what is the better alternative for the wealth management use-case? 2) How will conversational AI shape the future of WealthTech and AdvisorTech? With the rapid adoption of natural language interfaces like ChatGPT what will the future interface of the WealthTech world look like? Can conversational AI streamline Advisor tech adoption? 3) How will AI transform a clunky, slow and manual compliance process? 4) Should FINRA and the SEC consider an AI oversight council? 5) Will generative AI catapult the world more into a future dominated by robo-advisors?

When you want to know and learn about a topic in client services today - economics or investor relations - the podcasts by LifeYield through Jack Sharry are the Gold Standard. Listen - learn - apply - results. Fabulous.

If you only listen to one podcast today, make sure it’s Wealthtech On Deck. Jack Sharry’s expertise and industry experience are evident. The guests on this podcast are sure to make this an industry favorite. A truly can’t miss podcast!

There are a lot of fintech podcasts out there, but not many that focus on wealthtech specifically. If that’s your niche, you’ve come to the right place. Each episode shows how the biggest firms are making things better for their advisors and clients with technology. As someone who looks at the future of wealthtech constantly, there’s finally a weekly resource that’s worth a listen. Subscribe with confidence.