Wealth managers are spotting significant opportunities for enhanced value creation and winning a competitive edge by integrating Artificial Intelligence (AI) into their practices. But not every approach is the right one. In an article for Wealth Briefing, Caro Ames, Principal at JMAN Group, warns that a failure to establish the correct groundwork can lead to costly missteps and hinder long-term AI success.

This article highlights four critical AI integration pitfalls that businesses must avoid to protect their bottom line.

Key Learning Outcomes:

• Understand the importance of aligning your AI strategy with clear business objectives to avoid wasted resources and ensure measurable impact.
• Learn how to strategically approach data foundations, recognizing that a complete overhaul isn’t always necessary for initial AI value realization.
• Discover why establishing robust governance and clear policies from the outset is crucial for responsible AI adoption and mitigating potential risks.

Click here to read the full article and ensure your business navigates the AI landscape effectively.