AI is coming for advisors' jobs. It just passed the CFA exam in mere minutes. It doesn't matter what you personally think about AI or whether or not you think it gives good financial advice:
Your market believes it does!
That's the bad news.
The good news?
You can change the perception of your market… but you must first realize this threat for what it is. Your potential clients believe AI can do a good enough job… and it can do it far faster and cheaper than you.
In today's show, you'll discover how to prevent AI from stealing your clients and why this threat requires your immediate action.
Listen now.
Show highlights include:
- Why AI will replace financial advisors (and why AI won't replace financial advisors) (0:55)
- 4 reasons why the financial advice industry will be hit harder by AI than other industries (3:36)
- How to prevent your financial advice business from going the same way as the camera business did after iPhones came out (5:06)
- An alarming trend about your potential clients using ChatGPT instead of booking a call with you (8:57)
- How to engineer a new perception around your offer and eliminate the threat of AI stealing your market share (10:48)
- My 3 predictions for what will separate the advisors who adapt and crush AI and those who will be mollywhopped by AI (12:05)
- How to make your services the obvious choice over AI by studying the old Mac vs PC ads (13:42)
- Here is a cheat code for absolutely decimating AI in front of prospective clients (17:56)
- 4 things you must do to eliminate the threat of AI (and even turn it into an ally for growing your financial advice business) (23:07)
My Profitable Pricing Blueprint gives you an unfair advantage over AI. Get it before AI chops off your business's head at https://TheAdvisorCoach.com/Pricing
Since you listen to this podcast, I want to give you a gift:
If you subscribe to the Inner Circle Newsletter, I'll send you a collection of seven "objection busting" and copyright free emails, personally written by me, that you can use right away to begin getting more clients. Sign up here: https://TheAdvisorCoach.com/Coaching. Then, let me know you subscribed, and I will reply back with a link where you can download them for free.
