Effectively Using Generative AI to Improve Financial Planning Efficiencies

Within every financial advisor’s practice, certain tasks have always been time-consuming, thereby constraining the efficiency of other essential duties. These include preparing for client meetings, constructing financial planning proposals, and addressing general client inquiries. As these tasks continue to grow rapidly, they become not only a drain on time but also a financial burden. While various technologies have aimed to streamline financial advising processes, from notetaking to managing client compliance, the demands of the profession have persisted. Despite improvements, advisors find themselves increasingly inundated with tasks such as email drafting and blog writing, detracting from their ability to focus on their most important task of all – meeting , meeting with clients. Now, with the advent of cutting-edge generative AI, particularly exemplified by ChatGPT, advisors can experience a significant acceleration in efficiency.

At this Kitces Monthly webinar, experts Eric Ludwig, PhD, CFP®, and Chett Bennetts, CFP®, CLU®, ChFC®, RICP®,CLF® will showcase practical examples of how ChatGPT can revolutionize advisors' practices, expanding their capabilities, and enhancing enhance the efficiencies that ultimately benefit their clients.

In this webinar, advisors will learn:
- The uses of generative AI in practical applications for financial advisors
- How to use prompt engineering to create financial planning outputs
- How to identify the limitations of ChatGPT
- And more!

Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.

Continuing Education (CE): 1 Credit
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 50 minutes.

For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 50 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.

For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 50 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.

All attendees who meet the minimum attendance requirement of 50 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state level insurance licensing although some states may accept completion certificates if you self-report.

Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible. 

Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.