Is tech actually helping societal well-being? With the recent release from Fidelity on how many 401k millionaires there are, and that the average account balance being just over 100k for over 45 million Americans and all the talk about AI in the wealth management space we were really keen to answer this question. Join us as we speak with industry and fintech veteran, Marc Butler, who was doing wealth tech before it even had a name, as we chat about the the use and importance of tech when it comes to the financial well-being of society on a whole. In this episode Marc, Adam and Derek chat about: The enormity of the underserved markets401k millionaires (or lack there of), running out of money, and how tech can help advisors help more peopleA boots-on-the-ground example of a potential retirement crisis for millions of peopleAdvisors don't sign up to become technologistsIs AI going to support or compete with Financial Advisors?What will be the regulatory response to AI advice, written, data security?What are the best use cases for GPT impact to advisors for now or in the future?And more! Resources: Connect with Marc Butler on LinkedInCheck out Marc Butler ConsultingLearn more about Wealth Management GPTFidelity report courtesy of MorningstarFollow RethinkFA on LinkedInListen to RethinkFA on YouTube PodcastsFind us on Digital Wealth NewsApply to be a guest on the RethinkFA Think Tank Connect With Adam Holt: Schedule an Asset-Map DemoAsset-Map LinkedIn: Adam HoltLinkedIn: Asset-MapFacebook: Asset-MapTwitter: Asset_Map Connect With Derek Notman: Schedule a Couplr demoLinkedIn: Derek NotmanLinkedIn: CouplrTwitter: Derek Notman Hosted on Acast. See acast.com/privacy for more information.