As reported by the Federal Reserve, by the close of 2022, American household debt had surged to an unprecedented $16.9 trillion, reflecting an increase of $2.75 trillion from 2019. A lack of financial literacy can pave the way for various setbacks. Individuals may find themselves grappling with insurmountable debt, stemming from imprudent expenditure choices or inadequate long-term planning. Such scenarios can subsequently result in adverse outcomes, including tarnished credit, bankruptcy, and even loss of homes through foreclosure. Is there a role for AI to play in this?
Today's guest, Mitchell Morrison, joins us to discuss the consequences of financial instability on personal well-being and relationships, the need for a structured plan with actionable advice to overcome debt and gain financial independence, how AI tools can help people get organized, and how AI paired with advisor Intelligence creates a roadmap for financial independence.
With deep expertise in finance, Mitchell Morrison has held senior positions with Financial West Group, Skyway Capital Markets, FourStar Wealth Advisors, E.F Hutton, Travelers Portfolio Group, Smith Barney, and Charitable Alliance Foundation.
He is the current acting Executive Director and Founder of the Financial Literacy Project and a passionate philanthropist.
Morrison has appeared on numerous national television stations for his role in the World Trade Center Miracles Foundation and America’s Ride.
Mitchell is the founder and creator of Eyeballs Financial LLC, a fintech application. The Eyeballs app is the first to provide up-to-date information pairing trusted advisor intelligence and artificial intelligence, delivering convenient, automatic, and secure insight into all your financial investments.
The Eyeballs App is the only U.S. patent with RIQ’s Remote Inquiry Questions and the first to provide up-to-date information pairing trusted advisor intelligence and artificial intelligence, delivering convenient, automatic, and secure insight
With user-friendly features tailored to meet the unique needs of seniors, like Remote Inquiry Questions (RIQs), this app is revolutionizing how seniors interact with their financial portfolios and connecting them with their advisors faster.
With the app, clients can effortlessly manage their finances on the go with just one click or speaking into their phone, enabling them to receive complete financial answers quickly and hassle-free.