Are you keeping up with the AI wave in the financial services industry?

Rebecca Hourihan chats with Spencer X. Smith from AmpliPhi Digital about the transformative power of AI in the retirement plan industry. Get ready to explore how AI has quickly evolved from a niche technology to an everyday tool for financial advisors. Spencer and Rebecca discuss the innovative ways AI is being embraced, share insightful case studies, and offer practical advice for integrating AI into your business to enhance efficiency and profitability.

Spencer discusses:

The rapid adoption of AI since the release of ChatGPT
How advisors are leveraging AI for time savings and efficiency
Case studies of early AI adopters in the financial sector
The upcoming trend of AI agents for task automation
Practical tips for using AI to tailor communications and better understand client language
And more

Resources:

Notebook LM
ChatGPT
Nuance by Dragon Software
Apple Intelligence
OpenAI releases Sora, its buzzy AI video-generation tool (Article – CNBC)

Connect With Rebecca Hourihan:

Connect With Spencer X. Smith:

About Our Guest:

After starting his career at IBM during the Y2K days, Spencer X. Smith has always been an early adopter of new technology, with a passion for teaching others what he learns. This dedication to education has led Spencer to deliver over 300 in-person speeches, including at prestigious venues like the New York Stock Exchange, Gillette Stadium in Boston, and the Superdome in New Orleans. From 2008 to 2015, Spencer worked as a 401(k) wholesaler. Since then, he has been a regular presenter at the NAPA 401(k) Summit, the nation’s largest retirement plans conference. The rise of “DeFi Summer” in 2020 sparked Spencer’s deep interest in cryptocurrency and all things Web3, including NFTs, metaverses, and blockchains. Spencer is also among the first graduates of the Economics of Blockchain & Digital Assets program at the University of Pennsylvania’s Wharton School of Business.