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Summary: Artificial intelligence is eating the world. And for many people, it's already replacing Google in their daily lives.
The other day, my car sensor went off. Instead of wasting hours at the dealership — driving back and forth, waiting and probably overpaying — I pulled up ChatGPT. I described the symptoms (using voice transcription, not even typing), and seconds later, I had a clear solution. Fifteen minutes later, the problem was fixed. No hassle, no unnecessary expense.
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Summary: That volatility has advisor investment committees and CIOs grappling with whether DeepSeek represents a paradigm shift in AI that requires tweaking allocations or merely reintroduces some volatility in a disruption-prone sector that was bound to happen at some point.
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Summary: Despite efforts to develop next-gen talent, the total number of advisors in the wealth management industry has remained stagnant over the last decade.
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Summary: RIA consolidators have grown significantly over the past decade and now represent $1.5 trillion in assets under management (AUM), according to “The Cerulli Report—U.S. RIA Marketplace 2024.”
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Summary: Gordon “Gordy” Abel from Dynasty Financial Partners offers perspectives on why marketing matters, how to create and leverage a brand, the key aspects of an effective value proposition and more.