The Wealth Management EDGE conference kicked off at The Boca Raton resort with workshop panels focused on alternative investments, artificial intelligence and high net worth clients.
“10 to 12 hours per week per advisor saved just by automating their meeting process, that’s 25 new clients you can take on,” said Zeplyn CEO Era Jain, discussing the findings thus far when analyzing her company’s user data.
Anthony Stich, CMO of Moran Wealth Management, asked how “firms take that data to dive into AI when they’re growing and of varying maturity.“
Be open and understand what AI is and realize that there will be some change in how they run their day-to-day business,” said Caitlin Douglas, founding partner & COO of Elevation Point. “For the older, or more mature firms, being able to recognize that is important.”For those more mature firms, it could mean some significant changes, perhaps replacing some people or adding to teams that may have people and processes that have been operating in much the same way for a long time,” she said.
