ChatGPT Prompts for Australian Financial Advisers: A Practical Guide

Using ChatGPT effectively as a financial adviser comes down to knowing which tasks it's suited for and how to frame your requests. This guide provides tested prompts for the tasks where AI adds the most value — with clear notes on what to review before using the output professionally.

Important: All AI-generated content should be reviewed by the adviser before use with clients or in compliance documentation. These prompts are designed to produce useful first drafts, not final outputs.

Research Prompts

Market update for client communication

"Write a 200-word plain-English summary of current Australian market conditions for a financial adviser to share with clients. Cover: ASX performance over the past month, key economic indicators (inflation, interest rates, employment), and one or two themes clients should be aware of. Note: I will verify all figures against current data before sending. Use a professional but accessible tone."

Explaining an investment concept

"Explain [investment concept — e.g. dollar-cost averaging, diversification, sequence of returns risk] in plain English for a client with limited investment knowledge. Use a practical example relevant to an Australian investor. Keep it under 200 words. Avoid jargon."

Product research summary

"Summarise the key features of [investment product type — e.g. Australian listed investment companies, exchange-traded funds, managed accounts] for a financial adviser preparing client education material. Cover: how they work, key benefits, key risks, and typical costs. Note this is for educational purposes — I will verify specific product details independently."

Economic scenario analysis

"Describe the potential impact of [economic scenario — e.g. a further RBA rate rise, a recession, sustained high inflation] on a typical Australian retiree's investment portfolio. Cover: likely effects on different asset classes, income implications, and considerations for portfolio positioning. This is for adviser research purposes — I will apply professional judgement to specific client situations."

Client Communication Prompts

Pre-meeting preparation email

"Write a professional email to a client confirming their upcoming financial review meeting. Include: meeting date and time [X], location/video link [X], what to bring or prepare, and a brief agenda covering [list topics]. Tone should be warm and professional. Sign off as [name], Financial Adviser."

Post-meeting summary

"Write a post-meeting summary email for a client following their annual financial review. Key points discussed: [list points]. Action items: [list items — who is responsible and by when]. Next steps: [X]. Keep it concise and professional. The client is [describe — e.g. a retiree focused on income, a young professional building wealth]."

Market volatility reassurance

"Write a reassuring email to clients during a period of market volatility. Key messages: volatility is normal, their portfolio is positioned for long-term goals, we are monitoring the situation, and they should contact us if they have concerns. Tone should be calm, professional, and empathetic. Avoid making specific market predictions. Length: 150–200 words."

Fee disclosure communication

"Write a professional email to a client explaining their annual adviser fee and the value they've received over the past year. Services provided: [list]. Key outcomes achieved: [list]. Frame the fee in terms of value delivered. Tone should be confident but not defensive. Length: 150–200 words."

Referring a client to a specialist

"Write a professional email referring a client to a [specialist — e.g. estate planning lawyer, tax accountant, mortgage broker]. Explain why the referral is being made, what the specialist can help with, and what the client should expect from the process. Include a warm introduction. Sign off as [name], Financial Adviser."

SOA and Documentation Prompts

SOA executive summary draft

"Draft an executive summary section for a Statement of Advice for an Australian financial adviser. Client profile: [age, life stage, key goals]. Recommended strategy: [brief description]. Key benefits of the strategy: [list]. This is a first draft for adviser review — all specific recommendations and figures will be added by the adviser. Keep it to 150–200 words in plain English."

Strategy rationale section

"Draft a strategy rationale section for a Statement of Advice explaining why [strategy — e.g. transitioning to a transition to retirement pension, consolidating superannuation, establishing a gearing strategy] is appropriate for a client with the following profile: [describe]. Cover: how the strategy addresses the client's goals, key benefits, and key risks. This is a first draft for adviser review."

Risk profile explanation

"Write a plain-English explanation of a [conservative/balanced/growth/aggressive] risk profile for inclusion in a Statement of Advice. Cover: what this risk profile means, typical asset allocation, expected return range, and how it aligns with the client's investment timeframe. Keep it to 100–150 words."

Meeting Preparation Prompts

Annual review agenda

"Create an agenda for a 60-minute annual financial review meeting with a client who is [describe — e.g. a 55-year-old approaching retirement, a 35-year-old building wealth]. Include sections for: reviewing progress against goals, portfolio performance review, life changes and updated needs, strategy review, and next steps. Allow appropriate time for each section."

Difficult conversation preparation

"Help me prepare for a conversation with a client whose portfolio has underperformed their expectations over the past 12 months. Key facts: [describe performance and context]. I want to: acknowledge their concerns, explain the context honestly, reinforce the long-term strategy, and maintain the relationship. Draft talking points for each of these objectives."

Client education session outline

"Create an outline for a 30-minute client education session on [topic — e.g. superannuation contribution strategies, the impact of inflation on retirement savings, estate planning basics]. The audience is [describe]. Include: key messages, questions to prompt discussion, and a summary of action items clients can take."

Tips for Financial Advisers Using AI

Always verify figures: AI can produce plausible-sounding but incorrect numbers. Never use AI-generated figures in client communications or advice documents without verifying against authoritative sources.

Add the client context AI doesn't have: AI doesn't know your client's specific circumstances, relationship history, or the nuances of their situation. Always add this context when reviewing and refining AI output.

Keep compliance front of mind: Review all AI-generated content for compliance implications before use. If in doubt, check with your compliance team.

Build a prompt library: Save prompts that work well for your practice. Over time, you'll build a library that covers most common situations efficiently.