In the world of financial advice, time is not just money—it's the currency
of client relationships and the key to unlocking growth. With the advent of AI,
discover how FinTalkr is staying ahead of the curve.
For financial advisers, administrative tasks have long been a necessary evil,
consuming hours that could be better spent on client-facing activities. But the advent
of generative AI is revolutionising the industry by drastically reducing the admin
workload, enabling advisers to reclaim their time and focus on what they do best:
advising.
Leading the charge in this transformative era is FinTalkr, a state-of-the-art platform
that leverages AI to slash administrative work by 4-8 hours per week. This significant
time saving opens new avenues for advisers to potentially see 50-100% more
clients, directly contributing to the top line of their business. In an industry where
personal touch and timely advice are paramount, FinTalkr is setting a new standard
for efficiency and client engagement.
FinTalkr is not only about efficiency; it's also about compliance and quality. Advisers
can choose to delete their records from FinTalkr or leverage the FinTalkr platform
as a highly secure repository for these large and difficult-to-handle video and audio
files.
As financial advisers consider integrating generative AI and File Noting tools into
their practices, here are crucial aspects to focus on:
1. Workflow: The ideal platform works tirelessly to make the provision of
financial advice as frictionless as possible. Some general Biztechs might get
you a meeting summary but this where the efficiencies stop.
2. Comprehensive Package: Platforms like FinTalkr go beyond File Note
generation. With tools like ‘Compliance Assistant’ and the ‘Advice Shaping
Tool’, advisers receive holistic support that increasingly extends throughout
the advisory process.
3. In Person Meetings: Some tools are designed only for the online world
where meetings are all online. Around 50% of Financial Advice meetings are
in person so look for a solution that can do both. The best platforms line
FinTalkr have a mobile app that can securely record your in-person meetings
in addition to the online meetings.
4. Data Sovereignty: Client information is sensitive and should be handled with
the utmost care. Ensure that any chosen platform processes and stores data
in Australian Data Centres. If you are unsure type ‘Where are the servers
located for XXX’ into Google.
5. Data Encryption: Top-tier platforms provide encryption for data at rest and in
transit. Advisers should avoid services that fall short of this critical security
measure.
6. Access to Data: Always find out who at the platform company has access to
your data. The best platforms provide access on a need-to-know basis only
(e.g. for a support query) but prevent access for staff in all other cases. Avoid
firms that manually handle your data. A tip here is if the file note generation is
instantaneous, it's a good indication that the process is fully automated. A
delay for a few hours could suggest manual processing, which may expose
you to security risks.
7. Secure Data Transfer: The method of capturing meetings and transferring
File Notes should be secure, ideally via a secure login to a portal with two-
factor authentication. Using internet drives or email for sharing sensitive files
increases the risk of cyberattacks—a risk no firm should take.
Generative AI is bringing huge productivity and compliance gains to Financial
Advice. This technology is here today and empowering Advisers to double their client
book and top-line revenue whilst reducing risks. Following the commonsense
measures above means you can reap these benefits today without taking on new
risks for your organisation.
FinTalkr is the leading AI platform for Financial Advisers. Sign up today for a 2 week
free trial of the platform and a 20% discount for the first 3 months, only for Ensombl
Advisers. (Use code ENSOMBL) at checkout.
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If you’d like to hear more about FinTalkr or see it in action, please don’t hesitate to contact the team on info@fintalkr.com
