Investors are using AI tools to research and explore their options, but they rely on trusted professional advice when making financial decisions, according to our research.<\/p>\n
The survey of about 10,000 affluent and high-net-worth investors across 10 markets globally found that 73% of respondents use AI in finance and investment \u2013 ahead of work and career (62%), and personal development (60%).<\/p>\n
However, just 12% said it was the most influential factor in their last investment decision.<\/p>\n
The survey also found that human expertise leads when it comes to investment ideas, with 62% of respondents citing financial professionals and institutions as their main source.<\/p>\n
\u201cClients are increasingly using AI to explore their options, but when it comes to making investment decisions, they value judgement, context, and accountability from a trusted wealth adviser,\u201d says Barry O\u2019Byrne, our CEO of International Wealth & Premier Banking.<\/p>\n
According to our survey, investors primarily use AI for analysis and research, strategy support and to provide a second opinion on their ideas.<\/p>\n
Meanwhile, the most valued contributions from advisers include applying judgement and validation, spotting mistakes in AI-generated data, and providing personalised interpretations of complex information.<\/p>\n
The future is hybrid<\/p>\n
Younger cohorts are leading AI adoption, with 86% of gen Z respondents and 82% of millennials using it in their financial and investment decisions.<\/p>\n
However, the data shows that AI does not remove the need for professional advice within any age group. On average, half (50%) of respondents say that their ideal future decision-making approach is hybrid, with AI and advisers working together.<\/p>\n
In addition, the survey found that AI is changing investor attitudes. Fifty-one per cent said the technology makes them feel more in control, compared with just 26% who reported the opposite.<\/p>\n
And nearly half say AI makes them more willing to take calculated risks, while just 20% say it makes them more cautious.<\/p>\n","protected":false},"excerpt":{"rendered":"Investors are using AI tools to research and explore their options, but they rely on trusted professional advice…\n","protected":false},"author":2,"featured_media":78196,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20667],"tags":[34927,1418,9881,4356,371,34928,12931],"class_list":["post-78195","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hsbc","tag-affluent-investors","tag-ai","tag-hsbc","tag-investing","tag-investment","tag-professional-advice","tag-wealth-management"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116877593291206634","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/78195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=78195"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/78195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/78196"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=78195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=78195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=78195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}