CogniCor Solutions Can Cut Pre- and Post- Client Meeting by up to 80%

For every eight hours spent in meetings, advisors and staff spend approximately 11 hours on pre- and post-meeting activities. CogniCor, a Palo Alto-based provider of artificial intelligence (AI) enabled digital assistants and business automation platforms for the financial services industry, has a new, award-winning tool that can save nearly all this preparation and follow-up time. According to the company’s early observations of the SAM, it’s AI-enabled Meeting Assistant, firms using this solutions can save 60-80% of this time.

SAM leverages advisors’ existing CRM, creating efficiencies for RIAs and elevating the client review meeting experience by delivering proactive scheduling, note capturing and processing, while also driving task workflows from meeting notes. SAM’s rich insights and analytics about clients’ interests and contextual information –such as the client’s pet’s name – help advisors stay ahead of the curve and deliver a more personalized experience.  

To build further efficiencies, the Meeting Assistant has been integrated into all leading CRMs used by RIAs, including RedTail, Salesforce, XLR8, Wealthbox, Dynamics 365 and Tamarac.

SAM earned the firm a 2023 Wealth Management Industry Award and was more recently named WealthTech Startup winner in Datos Insights’ 2023 Digital Wealth Management Impact Innovation Awards.  

“I am incredibly proud of the work the CogniCor team has accomplished in the field of artificial intelligence for the wealth management and insurance industries,” said Sindhu Joseph, Ph.D, CogniCor’s CEO and Co-Founder. “AI and automation that improves productivity and scalability is a top-of-mind priority for CIOs, and our firm has created a unique compliant solution for the industry that leverages AI to allow financial services providers to focus on growing their business and servicing clients instead of repetitive back-office tasks. ”  

Other CogniCor assistants include EVA, which allows users to remain compliant with firm and regulatory policies and processes and AMY, which streamlines end-to-end operations, including prospecting, onboarding and client maintenance.

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