50% of financial advisors adopt or plan to use AI tools, while 64% of firms have no plans for client-facing AI.

ComparisonAdviser's article explores the impact of AI on the financial advisor industry, with over 50% of advisors implementing or planning to use AI tools. The rapid adoption of AI is affecting both professionals and clients, and the article delves into its implications for the industry's future. Despite this, a recent ACA Group survey found that 64% of advisory firms have no plans to use client-facing AI tools or predictive analytics models.