In the rapidly evolving landscape of financial planning, artificial intelligence (AI) is no longer a futuristic concept—it’s a present reality reshaping the industry. As advisors increasingly turn to AI-powered tools to enhance their services and streamline operations, staying informed about the latest developments is crucial. Enter ADVISE AI, a groundbreaking conference set to illuminate the path forward for financial professionals in the AI era.
The AI Revolution in Financial Planning
Recent data from Cerulli Reports reveals a striking trend: over half of asset managers are either already utilizing AI or plan to incorporate it into their advisor segmentation strategies within the next year. This statistic underscores the growing recognition of AI’s potential to transform financial advisory practices.
Joel Bruckenstein, a renowned figure in financial technology and producer of the Technology Tools for Today (T3) Conference, emphasizes the importance of this shift: “AI is not just coming—it’s here, and it’s poised to redefine our industry. Grasping AI’s capabilities and learning how to implement it effectively in your business will be critical for future success.”
ADVISE AI: A Gathering of Minds
Scheduled for October 9-10, 2024, in the vibrant city of Las Vegas, ADVISE AI represents Financial Planning’s inaugural conference dedicated solely to exploring AI tools for advisors. This two-day event promises to be a melting pot of ideas, bringing together over 25 industry-leading speakers and an expected attendance of more than 400 financial professionals.
Brian Wallheimer, editor-in-chief of Financial Planning, outlines the conference’s mission: “Our goal is to assemble the brightest minds in AI and wealth management. We’ve crafted an agenda that offers valuable insights for everyone, from AI veterans to those just beginning to explore its potential. Most importantly, we want attendees to leave with practical knowledge—ideas, tools, or connections that will directly benefit their businesses and clients.”
What to Expect at ADVISE AI
- Innovation Awards: The conference will showcase the 2024 Innovation Awards, recognizing cutting-edge AI technologies in the financial sector. Nine categories will honor advancements in areas such as marketing, client engagement, and portfolio management. Two special “Innovator of the Year” awards will be presented live at the event.
- Industry Luminaries: Attendees will have the opportunity to learn from a diverse array of speakers, including Andrew Altfest (founder of FP Alpha), Dani Fava (Carson Group’s chief strategy officer), and Michael Kitces (a prominent figure in financial planning).
- Practical Applications: The conference agenda is designed to cut through the hype, focusing on real-world applications of AI in daily workflows. Sessions will cover topics like streamlining client onboarding, enhancing document analysis, and leveraging AI for marketing and business growth.
- Networking Opportunities: ADVISE AI will provide ample time for attendees to explore the exhibit hall, connect with peers, and engage directly with AI technology providers.
- Las Vegas Experience: Hosted at the Encore at Wynn Las Vegas, the conference offers attendees the chance to combine professional development with the unique entertainment options of Las Vegas.
Looking Ahead
As the financial planning industry continues to evolve, events like ADVISE AI play a crucial role in helping professionals navigate the changing landscape. By focusing on practical knowledge and fostering connections between advisors and technology innovators, the conference aims to equip attendees with the tools and insights needed to thrive in an AI-enhanced future.
For financial advisors looking to stay ahead of the curve, ADVISE AI represents a unique opportunity to explore the intersection of artificial intelligence and wealth management. As the October event approaches, it’s clear that the future of financial planning is not just about managing money—it’s about harnessing the power of AI to provide more personalized, efficient, and effective services to clients.
