How advisors can get the most out of AI

Bots that suggest investments to your clients in mere seconds.The future may sound a bit spooky for advisors worried about losing their jobs to automatons. The truth is, as complex digital tools become more practical, advisors will soon have to decide when and where to implement them, says American Banker editor-at-large Penny Crosman. Pitfalls and misfires are bound to come with early adoption. How will advisors avoid missteps, all while pioneering new technology? Striking the right balance between humans and technology is becoming the holy grail for advisory firms.