Market data firms pitch AI as the key to finding ultra-high-net-worth clients, but elite advisory firms are skeptical. Pathstone CEO says personal connections are crucial; AI isn’t a gamechanger. AlTi Tiedemann Global head of growth emphasizes the importance of referrals and personal networks for organic growth. AI client prospecting startup Finny sees AI as a complement to traditional outreach, surfacing data to personalize client interactions.

Read more at CNBC: Advisors to rich say AI isn’t a gamechanger for landing new clients