AI is transforming the world of financial advice….sort of
Barely a day goes by without a tale or two reaching us about how financial advice firms are embracing the wonders of artificial intelligence (AI).
This ranges from helping to transcribe meeting notes and assisting with cashflow modelling to cutting time on manual tasks and enabling more face-to-face meetings with clients.
However, Greg Moss has found a slightly less innovative, but arguably much more entertaining, way of using AI — to create Studio Ghibli-style animations of himself.
Greg’s LinkedIn post prompted a good half hour of hilarity among Money Marketing team members — and inspired us to create our own using ChatGPT.
The Mount Rushmore of bad decisions
As advisers know — better than anyone else — the impact of poor financial advice can have far-reaching consequences for those on the receiving end.
In this post doing the rounds on X, ‘Leland’ reminds us all of some organisations (and people) who have fallen from grace thanks to some questionable advice they have received — or the ‘Mount Rushmore of getting terrible advice’, as Leland eloquently put it.
Who remembers good old Blockbuster? Going down there on a Friday night after you’ve just picked up your takeaway, to rent a film to watch?
It either didn’t notice, or chose to ignore, the rise of streaming services, and failed to adapt its offering.
It could have been Netflix, you know….
Out of context
‘All of the above just confirms the FCA is nothing more than a shield for the government’
MM reader and former financial adviser John Richards conjures up images of Keir Starmer and Rachel Reeves, hiding behind the regulator.
‘We’re too focused on preparing the money for the kids, when we should be… preparing the kids for the money ’
Rob Schwarz, co-founder of Finova Money (and a financial planner), with a sound piece of financial advice.
‘What financial advice would you have liked to receive at the age of 18?’
Victor Jimenez, a self-proclaimed finance enthusiast, asks a fairly eye-opening question on X. We’d probably reply, ‘Stop drinking beer and invest that money instead.’ That would’ve proved quite helpful now.
‘Did you know, you can save breakfast money by sleeping until lunchtime?’
If this is the kind of advice I.am.Her gives on X, we are definitely going to start following her. Excellent idea.
‘A stingy boyfriend is more likely to achieve success in the future than a generous one. Manage your finances wisely, kings’
There’s one for the dating profile, Ja Leto.
This article featured in the May 2025 edition of Money Marketing.
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