4 Ways Financial Advisors Can Use AI to Simplify Client Communication [Video]

Nearly 90% of wealth managers believe artificial intelligence will benefit their industry, according to recent research from Arizent, and 81% said they plan to “leverage AI to support their business” in 2024. If that aligns with your plans, as it does mine, that leaves the question of determining the best way for your business. Here’s four ways I’m adopting AI to improve my client communications.

Artificial intelligence (AI) allows me to enhance client communication, which saves me time and money, allowing me to focus on being efficient and delivering the best service to my clients.

1. Summarizing Client Meetings 

A key benefit of AI is its ability to condense meeting notes into clear, actionable summaries. This means after a detailed client meeting, I feed ChatGPT my brain dump notes. Then the AI provides a succinct summary highlighting key points and next step actions for me. Then I can email that summary to my client as a follow up. Imagine ending …