ChatGPT and AI: An Advisor’s Guide

As a financial advisor, you’re probably always on the lookout for new opportunities for clients. You also probably have certain clients who often come to you looking for ideas about how to invest in the “next big thing.” If so, those clients are probably asking about ChatGPT, which garnered tons of attention after crossing one million users within five days of its launch in late 2022.1 The following article is designed to help you, and your clients, understand what ChatGPT is and, more importantly, its potential implications for investors.