Kitces and Carl - Real Talk for Real Financial Advisors How Are You Getting Value Out Of ChatGPT As A Financial Advisor?: Kitces & Carl Ep 156
Jan 23, 2025
The hosts dive into how financial advisors can utilize ChatGPT to boost productivity and creativity. They discuss the positive implications of AI on client communication and marketing strategies. Concerns about data privacy and job displacement are addressed, alongside the need for advisors to learn prompt engineering skills. The transformative potential of AI is likened to training an intern, emphasizing its evolving role in enhancing financial planning interactions. Listeners are encouraged to share their own experiences with this innovative tool.
AI Snips
Chapters
Transcript
Episode notes
ChatGPT as Idea Generator
- Carl suggested podcast episode topics using ChatGPT.
- Michael and Carl used one suggestion, "Are you really adding value or just justifying your fees?", for a successful episode.
ChatGPT as Thinking Partner
- Use ChatGPT as a thinking partner to clarify ideas.
- Don't ask for complete solutions. Instead, start a discussion and refine your thinking iteratively.
Email Crafting with ChatGPT
- Use ChatGPT for crafting emails, especially complex ones.
- Provide context, desired tone, and key points, but don't just let it write the whole email.