A financial plan can easily span dozens of pages of dense material that, let’s just say, isn’t exactly a beach read. LPL announced last week it’s developing Cyan, an AI agent that, among other jobs, can take in client data and financial planning documents to produce digestible summaries and insights for clients. CEO Rich Steinmeier said in an earnings call that AI is quickly becoming a key differentiator and he’s not alone. It marks a fundamental shift for financial advisors: AI is moving out of the back office, beyond meeting transcribers and email drafters, and into the core tools that are shaping client relationships. “AI started out as a notetaker … it’s quickly evolving into something much broader and more beneficial for clients.”