The Efficient Advisor: Tactical Business Advice for Financial Planners 252: A Menu of Things AI Can Do For You to Pick From with Ben Olsen
Mar 4, 2025
In this discussion, Ben Olsen of BMO Automation, a leading expert in AI applications for financial advisory, dives into the transformative impact of AI in the industry. He outlines three strategies for advisors to embrace AI: DIY, build, or buy. Topics include streamlining client onboarding and communications, the essentials of compliance, and how AI can enhance personalized outreach. With practical tips and future insights, Ben emphasizes that incorporating AI is no longer optional—it's crucial for staying competitive.
AI Snips
Chapters
Transcript
Episode notes
Client Feedback
- Libby Greigley's firm used Net Promoter Score surveys.
- Client feedback highlighted the value of agendas and follow-up emails.
Note-Taking and Follow-Up
- Use AI-powered note-taking tools for meetings.
- Consider building custom solutions for CRM integration and follow-up automation.
Year-End Reviews
- Ben Olsen built a tool for year-end client review summaries.
- It uses templates and AI to generate personalized reviews quickly.