Why AI Won’t Replace Financial Advisors

AI is making human connection MORE important, not less.

~ Ninna Lauridsen

This short article, The Human Edge, from Advisor Analyst explores how AI can’t replace personal investment advice because it doesn’t understand you! 

Here are some key takeaways from the article:

1. AI amplifies bias rather than correcting it
2. 93% of client communication is nonverbal 
3. Technical expertise alone is a shrinking asset
4. Soft skills require practice, not just knowledge
5. AI will never understand your personal concerns  

Only financial advisors can adequately assess your risk tolerance and discuss your life goals with you as they evolve over time!

We have found that a personal relationship with your financial advisor that is based on trust and understanding makes all the difference!

Your CommonWealth Team

“The psychological blind spots that drive poor financial decisions, require a human to identify them in real time, in a room, reading a person.”