In Forbes, BCG’s Renaud Fages discusses how AI is reshaping the role of the financial advisor by cutting down on administrative work and freeing up more time for advising clients. He estimates that financial advisors currently only spend about 50% of their time with clients, but AI could increase that share to as much as 75%. As the role becomes less technical, human empathy and engagement will become even more important, Fages says.
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Forbes