Year In Review with Jason Pereira | E257

Jason talks to Guy Anderson about what happened in these past years of 51 episodes other than this one. As per Jason When it came to technology innovation, it was the bigger issues that were looked at first, but now we are looking at the smaller problems.

Episode Highlights

• 1.59: Jason shares what was his top pick for the most interesting fintech solution for 2022. 
• 2.04: As per Jason the closest thing to the most revolutionary, coolest thing he has seen wasn't in Fintech and that is GPT chat. This year more than any product he was rather impressed by good execution. 
• 04.02: Jason really appreciates Nudge; it is a tool for automating client communication and collaboration. Then there is Hubley a checklist or process mapping system. 
• 06.09: There is a software now that ensures that everything involved with settling an estate is done first and foremost, but also as fast and as painlessly as possible. 
• 09.40: Historically the distribution of financial products followed specific channels where you typically go to one person for one thing your investment guy, your insurance guy all that and we have seen that slowly expand out with multi licensing.
• 10.15: Jason explains how and why the number of financial decisions that people face on a day-to-day basis is increasing.
• 13.48: There is a certain type of person who is going to listen to a robot running their financial life start to finish. That's the reality of it, says Jason.
• 16.28: If we keep on talking about being the future of this business, that is going to be the differentiation point because that is not going to be what is basically done, says Jason.
• 21.49: Crypto is a technology that is unfortunately that is useful and unfortunately that use is lost and rampant speculation in most cases.
• 23.32: In a lot of ways the crypto purists will tell you your mistake was leaving it on someone else's wallet, says Jason.
• 26.02: Jason talks about his initial plans in 2023 and how he is going to bring in new and some of the old guest in the upcoming podcasts. 

3 Key Points

1. Fintech is going to revolutionize, and it has already started to revolutionize our business. Jason shares his views on where does he sees revolutionizing is going to impact advisors versus all the other aspects of the fintech space?
2. Jason shares how much of this Fintech filters down into the hands of individuals and what impact does that have on the advisory business? 
3. GPT chat is a function of GPT 3 which is a general-purpose technology artificial intelligence that has been being experimented with and now they have kind of opened it up and it allows people to ask whatever question they want of it or to ask it to compose whatever text it wants. 

Tweetable Quotes

• "Buy now, pay later is still most hated but best example of embedded finance." – Jason
• "I see a lot of issuances coming to the business and building up deeper relationships with your clients and just being able to be better and just be being better advisors' long term." - Guy
• "Any new technology is always met by a bunch of scam artists." - Jason 

Resources Mentioned

• Facebook – Jason Pereira's Facebook
• LinkedIn – Jason Pereira's LinkedIn
• Woodgate.com – Sponsor

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