In the AI Risk Reward podcast, our host, Alec Crawford (@alec06830), Founder and CEO of Artificial Intelligence Risk, Inc. aicrisk.com, interviews guests about balancing the risk and reward of Artificial Intelligence for you, your business, and society as a whole. Podcast production and sound engineering by Troutman Street Audio. You can find them on LinkedIn.

In this episode, Alec welcomes Matt Middleton, Founder and CEO of Future Proof, to discuss the intersection of AI, wealth management, and events. Matt shares insights on how Future Proof is reshaping industry conferences by integrating technology and fostering real-world connections, emphasizing their upcoming Miami Beach event as a hub for AI-first wealth professionals. He reflects on his unconventional career path, the importance of mentorship, and the evolution of community-building within finance and technology. The conversation covers ethical considerations of AI, regulatory changes, and the rapid transformation of financial advice and compliance, highlighting the need for secure, enterprise-grade AI platforms. Matt also offers practical advice for young professionals, encouraging them to become AI experts to capitalize on emerging opportunities in wealth management.

Summary:

Future Proof Events: Matt Middleton explains how Future Proof transforms wealth management conferences with technology and outdoor formats.

AI in Finance: The discussion explores practical applications and ethical considerations of AI in wealth management and event operations.

Regulatory Changes: Recent SEC guidance on AI and privacy is addressed, highlighting compliance challenges for financial advisors.

Industry Consolidation: Medium-sized firms are likely to benefit most from AI adoption, while smaller firms risk falling behind.

Career Advice: Young professionals are encouraged to specialize in AI to become indispensable in a rapidly evolving industry.

Referenced in this episode:

Companies/Organizations:

Future Proof
Artificial Intelligence Risk, Inc.
ETF.com
Informa
Bitwise Asset Management
Money2020
Ritholtz Wealth Management
SEC

Movies:

Gladiator

Inside Future Proof—Reinventing Wealth Management and AI with Matt Middleton