On this episode of The Get Ready Money Podcast, I spoke with Lily Vittayarukskul, co-founder of Waterlily, and Sumedha Rai, AI strategist, about how AI is reshaping financial planning, from enhancing advisor-client relationships to helping protect consumers from financial scams.

💡 Key Takeaways

🔹 AI boosts personalization

🔹 Automation frees up time for advisors to focus on deeper client conversations

🔹 AI improves fraud detection, but social engineering still requires human awareness

🔹 Empathy can’t be outsourced—relationships remain the advisor’s superpower

🔹 AI enables scale, but it’s people skills that build trust

🔹 Pause before reacting—slow down, verify, and stay scam aware

 🎥 Watch this episode below: 

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🎧 Listen to the podcast below or on your favorite podcast app.

Connect with Lily Vittayarukskul: 

• Website (here)
• LinkedIn (here)

Connect with Sumedha Rai:  

• Website (here)
• LinkedIn (here)

Resources mentioned: 

• Get Ready Podcast episode: Connecting Wealth and Great Health With Chris Heye (here)
• Carefull (here)
• Eversafe (here)

Bio:

Lily Vittayarukskul is the CEO and Co-Founder of Waterlily. Graduating from UC Berkeley with a degree in Genetics and Data Science, Lily led product and engineering teams at multiple startups before founding Waterlily, a company dedicated to making healthcare and its costs accessible, understandable, and empowering for all.

Sumedha Rai is a data scientist and AI strategist who helps industries like FinTech and healthcare tackle high-stakes challenges. From central banks to micro-investment platforms, I’ve built predictive models that detect fraud, analyze risk, and uncover customer insights—before problems arise.