Artificial intelligence (AI) is reshaping the financial planning profession
It is changing how advisors work, communicate, and grow.
Watch an FPA Live interview with Ben Lewis interviewing Mike Byrnes about how financial planners can start using AI today while strengthening their human connections with clients.
Read Mike’s Rethinking65 article to learn more about the key takeaways shared in the interview, including:
AI Is Making Advisors More Human
AI is being designed to enhance empathy and personalization. It can remember every client detail, recognize emotions, and help deliver customized updates at scale, so advisors can better care for their clients.
Three Practical Ways to Get Started
- Meeting Support:
Use AI to record, transcribe, and summarize client meetings. It can automatically create CRM notes and follow-up tasks, saving time while keeping compliance in mind. - Content and Communication:
Draft newsletters, proof messages, and summarize research quickly. AI enables more personal, relevant communication that improves engagement. - Prospecting and Growth:
Identify top prospects, uncover referral opportunities, and flag clients with cross-selling potential. Firms using AI for growth are already seeing results.
Staying Smart About Compliance
Advisors must protect client data, clarify recordkeeping rules, and stay alert to new risks like deepfakes and AI-powered fraud. Being informed and transparent is key.
The Future Is “Bionic”
The next wave of advisors will blend human judgment with AI efficiency, offering hyper-personalized service and deeper relationships. Those who adapt early will have a strong competitive advantage.
AI won’t replace the human side of advising (yet)… it will amplify it.
To learn how your firm can use AI to save time, grow faster, and strengthen client relationships, contact Byrnes Consulting today.
