AI and Financial Advisors

The financial industry is changing rapidly and external catalysts are overwhelming its business model. Blockchain, AI and mobile payments have led financial services companies to refine their views of the future, but can AI ever replace the personal experience?

The general consensus appears to be leaning towards the idea that artificial intelligence can replace the role of human financial advisors and therefore, those in the industry must adapt or risk getting left behind.

But before jumping to that conclusion, it’s worth exploring some important questions: what’s next, what is needed and who needs it? And, perhaps crucially, whether AI will ever remove the need for human advisors in the financial industry.