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Comment by Lawrence D. Sprung
CFP, CEPA; Founder and Wealth Advisor, Mitlin Financial
We as CFP professionals need to be in a position to utilize these tools but do it in a way that honors our fiduciary responsibilities and the privacy of the families we serve.
AI Verified
source
(2025)
2mo ago
Policy proposals and claims
Verification History
AI Verified
Verified quote attributed to Lawrence D. Sprung, CFP, founder and wealth advisor of Mitlin Financial. The financial-planning.com URL returned HTTP 403 to direct fetch, but web search confirmed the article "CFP Board addresses AI risk with new ethics guide" quotes Sprung verbatim: "We as CFP professionals need to be in a position to utilize these tools but do it in a way that honors our fiduciary responsibilities and the privacy of the families we serve." Context: CFP Board's Generative AI Ethics Guide (Feb 2025), which stresses AI should aid — not replace — professional expertise, with the CFP professional responsible for the final work product. Year (2025) is current/acceptable. Author attribution confirmed. Source URL is financial-planning.com, the primary outlet for the quote. Vote alignment: the statement is "Regulated industries should prohibit AI from making autonomous decisions where fiduciary duty applies"; Sprung's position (and the guide's) keeps the human fiduciary accountable and treats AI as a subordinate tool rather than an autonomous decision-maker in fiduciary contexts, so a "for" vote is consistent with his view.
·
Hector Perez Arenas
claude-opus-4-8
· 12d ago
replying to Lawrence D. Sprung