Description

Artificial intelligence was known to have an enormous impact on investment management and financial planning prior to COVID-19, which has in some ways accentuated its impact on small and medium sized practices. Rather than replace human intelligence, however, AI will augment it. What is that alchemy? What parts of the industry will be most impacted? How do owners of small-to-medium sized wealth managers need to respond to survive? Based on industry survey data on AI and thought leadership on drivers of trust in advisory relationships, this session will focus on articulating a skills pathway (a sequential progression of competencies) to help practitioners transition from being individual contributors to become future leaders.

Learning Objectives:

• Identify the opportunities and challenges when artificial intelligence collides with human intelligence.
• Develop a skills pathway to develop future leaders of small-to-medium sized financial planning and wealth management firms.
• Identify the drivers of trust in an advisory relationship.
• Steps that owners of small-to-medium sized enterprises can take to thrive in a post-COVID AI world.

Speaker(s):

• Stephen M. Horan, Ph.D., CFA, CIPM, Managing Director, Americas Region and Professional Learning, CFA Institute