As artificial intelligence becomes increasingly embedded in financial planning and wealth management, what role will human advisors continue to play?

In this NYSE Live interview, Kurt Miscinski, Partner and CEO of Verity Partners, discusses how clients are using AI-generated financial information, how wealth managers are incorporating artificial intelligence into their workflows, and why human judgment remains essential in financial decision-making.

Kristen Scholer spoke with Miscinski about wealth management, financial planning, artificial intelligence, client relationships, high-net-worth advisory services, and the future of professional advice.

A major theme throughout the conversation is the growing role of AI in personal finance. Clients are increasingly arriving at meetings armed with information generated by platforms such as ChatGPT, Claude, and Gemini, using these tools to educate themselves about investments, wealth strategies, and financial planning topics.

The interview also explores Verity Partners' approach to serving clients. The firm provides wealth management and family office services to individuals, families, businesses, foundations, and nonprofit organizations, helping clients navigate a wide range of financial decisions.

Another key topic is the changing nature of the advisor-client relationship. Rather than replacing financial advisors, AI is empowering clients to become more informed participants in financial planning discussions.

The conversation further examines how AI-generated research is changing client expectations. Wealth management clients increasingly want guidance on how to evaluate, interpret, and apply information generated by AI-powered tools.

A significant focus of the discussion is the importance of human connection. Miscinski argues that financial advice extends beyond data and analysis, requiring an understanding of personal goals, family dynamics, risk tolerance, legacy objectives, and philanthropic priorities.

The interview also highlights the emotional side of wealth management. Clients often seek reassurance, perspective, and trusted counsel when making major financial decisions, particularly during periods of uncertainty.

Another major theme is how AI is helping advisors become more efficient. Artificial intelligence can assist with organizing information, reviewing documentation, summarizing data, and identifying key insights across increasingly complex financial situations.

The discussion also explores the broad range of issues that financial advisors help clients address, including estate planning, trust structures, tax considerations, insurance strategies, charitable planning, and investment management.
Additionally, Miscinski discusses how AI allows advisors to spend less time on administrative tasks and more time focusing on strategy, client engagement, and customized recommendations.

The interview further examines the concept of AI as a validation tool. Clients can use AI platforms to research topics independently while still relying on professional advisors for context, expertise, and personalized guidance.

Another key topic is the comparison between financial advice and healthcare. Just as patients often seek a second opinion from specialists, investors may increasingly use AI to gather additional perspectives while continuing to value expert human guidance.

The conversation also highlights the future of professional services. As artificial intelligence becomes more capable, advisors may be able to devote more attention to relationship-building, strategic planning, and personalized advice.

Looking ahead, Miscinski believes that technology will continue transforming how information is gathered and analyzed, while human judgment, trust, and personal relationships remain central to delivering effective financial advice.

Throughout the discussion, Miscinski shares insights on artificial intelligence, wealth management, family office services, financial planning, client relationships, high-net-worth advisory services, estate planning, investment management, professional services, and the future of advice.

Disclaimer: Informational content only. NYSE does not endorse or recommend investments, strategies, companies, products, or services discussed.

#NYSE #NYSELive #KurtMiscinski #VerityPartners #ArtificialIntelligence #WealthManagement #FinancialPlanning #FamilyOffice #InvestmentManagement #FinancialAdvisor #PrivateWealth #FutureOfWork