00:00I think the most important thing is that I've seen some reports that think our AI product is designed to
00:06replace wealth managers or financial advisors, and it's precisely the opposite.
00:11Altruist exists to help financial advisors, to make financial advice better, to make it more affordable, to make it more
00:17accessible, and certainly not to replace them.
00:22And so I think where Rick and Schwab are probably right is that advisors are here to stay.
00:31I don't think that's going to change any time for multiple decades at the earliest.
00:36But AI is an absolute revolution.
00:38It's allowing for things to be done that used to be incredibly tedious, very expensive, almost out of touch, or
00:45from a cost and access perspective, bringing things that used to be very out of touch for the average person.
00:52It's making it very, very accessible.
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