Don't be afraid of artificial intelligence managing your money

In addition, over half of executives said that they believe human-machine collaboration is important to achieve their strategic priorities. Most advisors are not worried about AI replacing them. "You're never going to completely eliminate the human element in financial services," said Charles Weeks, founder and president of Barrister Wealth Management in Philadelphia. "There is always nuance in everything." Advisors don't think that technology will offer a solution for every problem.