The impact of AI on Paraplanning
My wife has been thinking about leaving the exciting world of Product Management and joining us in the fast-paced world of Paraplanning. However, she is worried about the impact that AI will have on Paraplanning. I told her that I did not see it having an immediate impact but what do I know. What impact do you all believe that AI will have on Paraplanning in the long run?
I know that there was a LV owned company talking about providing an AI based Paraplanning service towards the end of last year.
Do you feel that AI will benefit Paraplanning in the future or will it be its death knell? Is this a career path where you would recommend for young people?
Could it have a bigger impact on Outsourced Paraplanners to begin with? Will it drive down the rates can be charged?