Host Jason Pereira welcomes back Rick Burgess, CEO of Forms Logic, to discuss how the company has evolved into a data-focused platform that makes onboarding, maintenance, and especially account transitions faster—often completing custodian moves in 30–35 days by knowing where data goes, what’s missing, and how to route it across systems. They explore why accurate, normalized data is essential for any AI use, and why deterministic logic still matters for critical workflows like account opening, names, and householding. Burgess argues AI mainly makes good developers faster and should be used cautiously around PII and core codebases, while its best near-term use in wealth management is improving client interactions and outcomes through long-term data patterns. He highlights industry challenges like legacy infrastructure, “formless” onboarding adoption, and the need for data normalization.
Episode Highlights:
00:00 Welcome Back Rick
00:35 Forms That Don’t Suck
01:59 Two Years of Growth
02:21 Transition Engine Migrator
04:05 Data Engineering Basics
05:21 Mining Data for Predictions
07:57 Agents Hype and Reality
09:33 Security and Determinism
15:51 AI Strategy for Advisors
18:12 Why Universal AI Fails
19:03 Why Profiles Fail
20:27 CRM Data Limits
21:36 Process Data Matters
23:07 Legacy Tech Reality
26:54 Guardrails For AI
30:15 Formless Future Debate
32:57 Rapid Fire Wrap Up
34:43 Closing And Credits
Resources:
Facebook – Jason Pereira's Facebook
LinkedIn – Jason Pereira's LinkedIn
Woodgate.com – Sponsor
LinkedIn - Rick Burgess’ LinkedIn
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