As we get ready to launch Tactical Mind AI (TMAI) later this month, I thought doing a newsletter and webinar to help advisors better understand what large LLMs (Large Language Models) (ChatGPT, Claude, Gemini, Grok, etc.) can and can’t do, and comparing them with TMAI was timely.
Understanding AI, its Limitations, and Learning about TMAI
Webinar—October 21st at 3:00 p.m. EST
Rob Harbin, the co-founder of both TMAI (https://tacticalmind.ai) and the OnPointe software suite, is the featured speaker for the webinar. His knowledge of AI is unmatched, as he’s literally built the TMAI stand-alone AI tool. To attend the webinar, click on the following link:
https://tacticalmind.ai/lp/webinar-llms-vs-tacticalmindai
Two-Page Bonus Download
To download (without a sign-up form) a two-page summary explaining the limitations of large LLM models and comparing them to TMAI, click on the following link:
https://www.uploadedimages.net/content/PDFs/TacticalMind_AI_vs_Large_LLMs.pdf
What is Claude for Financial Services?
I’ve seen a lot of ads on social media for this. It sounds impressive, but what is it? This tool helps with research, analysis, modeling, reporting, portfolio analytics, and document production.
What doesn’t it do? It does NOT make investment decisions or create/manage portfolios.
Do Any LLMs Manage Investment Strategies?
No. If you think ChatGPT, Claude, etc., can help you make better investment decisions, you’d be wrong.
Is it a good idea to ask a large LLM for investment advice? No, it’s a terrible idea.
What about asking it for a stock market forecast? Also, a terrible idea.
What about asking it to create a new/optimal portfolio for clients? Also, a terrible idea.
What about asking for its opinion on the stocks and/or ETFs of the strategies you use with clients? Also, a terrible idea.
In short, large LLMs and AI in general DO NOT help advisors or consumers build and manage investment portfolios.
Tactical Mind AI—A Groundbreaking AI Tool for Investment Advisors
When TMAI launches in a few weeks, it will be a groundbreaking AI tool that will help advisors/RIAs/B/Ds, make better investment decisions.
TMAI will review portfolios and make specific recommendations for how to improve them.
TMAI can be used to create new portfolios and run them on a go-forward basis.
TMAI provides a 7-, 30-, 90-, and 360-day forward-looking stock market outlook.
In short, NO tool in the industry does what TMAI does, and if you are managing money, this will become a must-have/invaluable tool.
Comparing Large LLMs, Traditional Industry Software, and TMAI
The following chart does a great job of showing the limitations of LLMs vs. TMAI and even traditional software financial advisors are using.
7-, 30-, 90-Day, and 12-Month Market Outlook
If you haven’t signed up to get our TMAI stock market outlook monthly, now is the time. What this 14-page report provides is mind-blowing. To sign up for this month’s FREE monthly report, click on the following:
https://onpointesoftware.com/tacticalmind-ai-market-outlook
RoccyKnows YouTube Channel
Beware of Bonus Annuities to Pay the Tax on Roth Conversions
Every week I’m posting a NEW YouTube video. Last week’s was on guaranteed income for life annuities. This week’s is on why Roth Conversions don’t work for most people.
To watch the NEW consumer YouTube video, click on the following link or video:
https://www.youtube.com/@RoccyKnows/videos
