YBL.AI’s Post

the data is in. whether you're in Australia or in the USA (https://lnkd.in/gMpbW5RA ). the reality is that most people are after financial advice, but the ones who need it most cannot afford it. this is because the cost of advice is too high ( https://lnkd.in/gM5KtNF8 and https://lnkd.in/gvegPp_Z. ). Which is why YBL.AI - Your Beautiful Life is such an important endeavour. our ability to transform the customer experience for the clients and advisers, and transform the workflows with AI with little or no change to a licensees existing systems is without par.

A few folks have asked me which AI business I was referring to in the attached article. The firm mentioned is Engage Smarter AI and anyone considering Consumer Duty, the advice/guidance boundary and interested in providing scale, consistent solutions should talk to them, specifically Peter Robertson Matt G. or Felicia Meyerowitz Singh. Unrelated, but another great example of a firm using technology to scale consistent client engagement and reach is LIFETIME FINANCIAL MANAGEMENT INTERMEDIARIES LTD. I know William BottomleyAndy Wealthall or Ian Dickinson are happy to share. I've no commercial connection to either firm...just think they are doing good things. #AI #consumderduty #guidance #advice

I believe that one of the most useful applications of AI will be to help solve the UK financial advice gap. In this article I argue that by closing the gap we not only improve individual financial outcomes but can foster a more dynamic and resilient economy.

“The large banks and the card networks, they are waking up to the fact that the middle market is a massive market - and one that’s not particularly well-served by the finance industry.” In an interview with PYMNTS, our CEO Paul Christensen, explained how the middle market has emerged as an underserved opportunity for financial services. More and more, the absence of tailored technology solutions for middle-market firms is leaving them underserved in a fast-moving and transformative digital landscape. Paul goes on to explain how businesses have shifted from viewing AI as a distant, abstract concept to recognising its use in everyday workflows and how firms should look to leverage AI tools to focus their human capital on higher-value tasks and problem-solving. Read more about the AI opportunity for middle market firms: https://bit.ly/4cYfJIN #invoicepayments #invoice #technology #data #AI #machinelearning #fintech

Friday Footnotes: The IRS Has Another ERC Warning; Non-Big 4 Firms Get Dissed; Is AI Excitement Warranted? | 7.26.24: Footnotes is a collection of stories from around the accounting profession curated by actual humans […] The post Friday Footnotes: The IRS Has Another ERC Warning; Non-Big 4 Firms Get Dissed; Is AI Excitement Warranted? | 7.26.24 appeared first on Going Concern. https://bit.ly/4fnAf7w

With AI and robo-advisors, it's tempting to entrust financial decisions to them. But what happens when something unexpected comes along? A human advisor provides tailored guidance for your journey. Explore the unmatched benefits in our article.

With AI and robo-advisors, it's tempting to entrust financial decisions to them. But what happens when something unexpected comes along? A human advisor provides tailored guidance for your journey. Explore the unmatched benefits in our article.

“Unlocking Financial Freedom: How AI Generates Passive Income 24/7 – Transforming Your Future Now!” In the fast-paced world of finance, the quest for financial freedom is a common goal shared by many. #AIinPassiveIncome

🔊❗AI is putting me out of a job🔊❗ Earlier this week, I wrote a short piece for LabourList looking ahead to the Chancellor's budget on 30th October. It's going to be a big moment for this government and for Britain. How do we get to growth wearing a financial straitjacket? I argued that we need to revisit how we measure 'debt', counting some financial assets as well as counting, well, debt. Doing so would give a more accurate picture of the nation's economy - not just what we owe but some of what we own. And it would also allow us to credibly borrow more within the existing rules. This matters: to grow our economy, to become more productive, healthier and happier, we need more investment. Britain has been starved of it. Then I talked about how the government can make it easier to actually spend investment by revolutionising the stock market, changing planning laws and updating pensions. 🔊So where does the AI come in? Well, I fed my article to Google's clever AI podcast generator within 30 seconds it created this: https://lnkd.in/dupfA_V4 Absolutely terrifying. If you want to pretend it's 2023 then you can read the article online here: https://lnkd.in/d3Nr_aKW Either way, let me know your thoughts and try out the Google Podcast creator - NotebookLM - and share your creations.

Discover the future of #financialadvice with Momentum💡. In an era dominated by data and technology, one might assume that financial decisions are purely a matter of numbers. Yet, research consistently shows that behaviour and mindset play a far greater role in shaping financial outcomes than the figures alone. Momentum is leading the charge in acknowledging this, ensuring that advice goes beyond numbers to address the human emotions and behaviours influencing financial decisions. Sonja Steyn looks at how Mometum is redefining financial advice by placing behaviour and personalised guidance at the forefront ensuring that their clients are set on the past to lasting financial success. Read more here: https://lnkd.in/edmDhpaU Momentum Group Limited #financialplanners #financialplanning #technology #AI #behavioralcoaching