You’re teched up. Are you trained up?

I was going to start this newsletter by talking about the time my grandfather got a new computer. The operating system was an upgrade from Windows 98 to something that was — at the time — radically different to him. The changes did not sit well with him at all.

The point was going to be that financial advisors might be doing quite well with the technology they have today, but as AI and advanced tools become available, you have a huge learning curve headed your way.

But in that scenario, I make you sound doddering and set in your ways. So instead, I’ll tell you that the EXACT same thing happened when I gave my then-12-year-old a new smartphone. It was light years better than the phone she’d been using, but it was different and took a lot of getting used to.?

She, like her great-grandfather, was not pleased. And we’re talking about a preteen with a new and faster phone!?

So for all the talk about the AI revolution, the tools that have the power to change the wealth management industry and the investments companies will make, we need to make sure advisors have the training to make sense of it all.?

That’s something our tech reporter, Rachel Witkowski, tackled this week. Here’s her story.

READ: Advisors need more, better training when it comes to new tech

Feel free to let us know in the comments how you’re doing. Are you trained up on all the tech? If so, how’d you get there?

Thanks for reading.