Tag: Financial Advisors
How Technology is Revolutionizing IRAs with Brian Hamburger (Ep. 22)

How Technology is Revolutionizing IRAs with Brian Hamburger (Ep. 22)

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Are you keeping pace with the rapidly changing landscape of independent financial advice? If your practice isn’t evolving, you might be left in the dust.

In this episode, Rusty Sommer sits down with Brian Hamburger, JD, CRCP, President and CEO of MarketCounsel, to explore the ever-evolving world of independent advisors. Brian shares his insights on evolving business models, the impact of technology, and what advisors need to know about current industry trends. Tune in to find out how innovation is reshaping client relationships and what the future holds for regulatory changes.

Brian discusses: 

  • (02:05) The importance of creating a community for CEOs and founders in wealth management
  • (02:49) Key takeaways and themes from this year’s conference
  • (05:38) The evolving landscape for independent advisors and emerging opportunities
  • (07:00) How technology and pandemic-driven changes are reshaping advisor-client dynamics
  • (08:42) Navigating regulatory changes under shifting political landscapes
  • (13:32) Market Council’s role in supporting RIAs
  • (15:08) Predictions for the financial regulatory environment in 2025

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About our Guest: 

Brian Hamburger, JD, CRCP, is the founder, president and CEO of MarketCounsel Consulting, the leading business and regulatory compliance consultancy to the country’s preeminent entrepreneurial independent investment advisors. Brian is also the founder and chief counsel of the Hamburger Law Firm, a boutique law firm with its practice in virtually all areas related to the investment and securities industry, entrepreneurial and employment matters. The MarketCounsel companies and the Hamburger Law Firm reflect Brian’s unrelenting entrepreneurial drive and genuine desire to provide an unparalleled combination of preeminent counsel and uncompromising service to the wealth management profession. Hamburger is also the president of MarketCounsel Productions, a company that has built community within the wealth management profession by hosting events such as The MarketCounsel Summit, MarketCounsel Supper Clubs and MarketCounsel After-Hours. The MarketCounsel Summit is the industry’s capstone event of the year and a forum for debate and dialogue on some of the most critical issues facing leaders of wealth management firms.

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How AI is Changing Wealth Management with Jason Pereira (Ep. 15)

How AI is Changing Wealth Management with Jason Pereira (Ep. 15)

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Is your financial advisor about to be replaced by AI? The answer isn’t as simple as yes or no.

Tune into this episode to discover how AI is doing more than just automating repetitive tasks—it’s redefining the role of financial advisor and reshaping the entire financial landscape.

As AI drives significant change in wealth management, the industry stands at a crossroads. Join host Rusty Sommer and fintech professional and industry thought leader, Jason Pereira, as they discuss whether financial advisors are at risk of being replaced by AI, and unpacking the reasons why the answer isn’t an easy one. They also discuss what steps advisors can take to harness the benefits of AI in order to enhance their practice while preserving the vital human touch required to maintain client relationships.

Key Highlights:

  • Unpacking AI Myths: Dispels misconceptions about AI and highlights the rise of Large Language Models (LLMs) like ChatGPT in finance
  • Boosting Efficiency: Shows how AI automates tasks, freeing advisors to focus on client relationships and strategic decisions
  • Advancing Portfolio Management: AI enhances rules-based systems by reducing false positives and automating rebalancing
  • Protecting Client Data: Discusses AI tools that anonymize data, ensuring compliance while maximizing AI’s benefits
  • AI as an Ally: Emphasizes that AI enhances, but doesn’t replace, the human touch in understanding client behavior and goals
  • Industry Networking: Highlights key conferences like Future Proof, with a growing Canadian presence in US events
  • Client Care at the Core: Stresses that client care remains central, with AI aiding in more personalized financial planning
  • And much more!

 

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About Jason Pereira:

Jason is a financial planner who has lived and breathed topics related to financial planning for over 20 years. In that time, he has become a recognized writer, commentator, speaker, podcaster, teacher, and expert in the areas of financial planning, practice management, and fintech. He has also obtained two degrees, nine professional designations, been nominated for or won over 30 industry awards, and produced over 600 articles, podcasts, and interviews. www.JasonPereira.ca is his conduit for sharing his thoughts, views and learning that he has amassed over the years.

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