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Investors still seek a human touch even with AI tools at hand: HSBC (opens original article in a new tab)

TL;DR

HSBC survey shows investors still rely on human financial advisers for final investment decisions despite AI use in research, with younger generations more likely to adopt AI tools.

  • 62% of affluent and high-net-worth individuals use financial professionals as main source of investment ideas
  • 37% of respondents said human financial experts had greatest influence on final investment decisions
  • Gen Z and Millennials use AI for financial decisions, with Gen Z focusing on risk identification and Millennials on research speed

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