In this article published in Family Wealth Report, Joel Bruckenstein discusses the broader implementation of AI in the financial industry. To date, AI adoption by RIAs has been limited, primarily evidenced by notetaking apps that summarize client meetings and generative language models that write blogs and communicate with clients. He expects that to “totally change” this year: “You’re going to see adoption across the board.”

Given AI’s promised productivity gains and cost savings, no one expects interest in the technology to wane. This year’s T3 Technology Conference, the annual industry fintech showcase, is a prime example. The conference, which will be held in New Orleans from March 9 to 12, will open with a full day of artificial intelligence tutorials billed as “AI University”.

“There will be one-hour classes where we teach you how to do something with AI,” Bruckenstein said. “For example, we’re going to build a prospecting app that you can bring back to the office and use in your business. It will be very hands-on.”

Read the full article here.