Are Financial Advisors at Risk as AI Gains Popularity?

November 23, 2025 - 05:41

A recent survey indicates that the landscape of financial advising may be shifting dramatically due to the rise of artificial intelligence. According to findings from a September survey, approximately two-thirds of Americans are now utilizing generative AI for financial advice. This trend suggests a growing reliance on technology for managing finances, with many individuals turning to AI tools for guidance.

Interestingly, a significant portion of respondents—nearly the same two-thirds—reported using AI "often" for financial insights. This shift highlights a notable change in how people approach financial decision-making. A striking 75% of those surveyed expressed that AI provides a safe space to ask questions they might hesitate to pose to a traditional financial advisor, indicating a potential gap in the personal touch that human advisors offer.

As generative AI continues to evolve, the implications for the financial advisory industry could be profound, raising questions about the future role of human advisors in a technology-driven world.