In Paradino’s latest 1.4 release, which you can get free trial by signing up here, you can create AI meeting summaries, even ones that are non-client related.
In September, I chatted to Patrick Gardner in Ensombl’s AdviceTech Podcast #101 and we summarised the conversation using a custom template and Paradino.
Here is how we setup a custom meeting notes templates with some nice instructions to the AI to help guide the summary format.
And here is the summary!
AI Meeting Summaries - Ensombl AdviceTech Podcast
Introduction
Oldest Piece of Tech
Guest Background
Josh’s career journey began as a para planner during university. After graduating, he briefly worked as a financial advisor in Sydney before transitioning into the tech industry. His first tech role was at Midwinter Financial Services, where he met Alex, his future co-founder of Paradino. After several years, Josh moved to New York and worked for a late-stage real estate startup, continuing his engineering career and eventually moving into engineering leadership. The company was acquired by a larger financial index provider, where Josh worked on climate risk data analytics products. He then decided to return to Australia, reconnected with Alex, and together they co-founded Paradino, an AI-first product aimed at revolutionizing the financial advice process.
Podcast Discussion
- The discussion begins with a lighthearted question about Josh’s oldest piece of tech, leading into a conversation about his background and the origins of Paradino.
- Josh highlights the use of AI in his personal and professional life, specifically mentioning GitHub Copilot and ChatGPT. He praises Copilot for significantly boosting his productivity and ChatGPT for its ability to assist with debugging code and answer random questions.
- The conversation shifts to Paradino, with Josh explaining the company’s mission to address the high cost of financial advice in Australia by leveraging AI to streamline the advice process and make it more efficient.
- Josh emphasises Paradino’s focus on connecting the back office and automating as much of the advice process as possible, starting with meeting summaries and file notes.
- The discussion delves into the functionality of Paradino, which is a browser-based and mobile-based platform that allows users to upload or record meetings, generate file notes, refine wording, and export documents.
- Josh explains that Paradino offers four templates for different stages of the advice process and will soon introduce a custom templating solution for greater flexibility (this has since been introduced and you can read more about meeting notes templates).
- The conversation explores the benefits of AI in financial planning, including its ability to provide insights into client behaviour, identify client engagement opportunities, and generate leads.
- Josh addresses data security and retention concerns, stating that Paradino prioritizes data security and stores all data in Australian regions.
- The discussion concludes with Josh outlining Paradino’s roadmap, which includes developing a 360-degree view of the client by integrating data from various sources, such as CRMs, fact finds, client emails, and file notes.
- Josh expresses excitement about the future of AI in financial planning, envisioning a shift towards more proactive advice and a more natural language-based approach to client relationship management.
Conclusion
The podcast ends with Josh sharing his enthusiasm for Paradino’s future and the transformative potential of AI in the financial advice industry. He encourages listeners to visit the Paradino website to book a demo or sign up for a free trial.
If you want to listen to the full podcast interview, here it is below.