In a revealing study covered by Forbes, a growing number of wealthy investors express dissatisfaction with their current financial advisors, favoring AI-driven financial guidance instead. This trend underscores a pivotal shift in the financial advisory landscape, where affluent clients seek the precision and data-driven insights offered by artificial intelligence over traditional methods. The research highlights that these investors are not only looking for cutting-edge technology but also demand more personalized, automated portfolio management that aligns with their financial goals. As AI continues to revolutionize the industry, traditional financial advisors may need to adapt by integrating advanced tech solutions to meet the evolving expectations of wealthy clients. The preference for AI in financial planning reflects a broader trend towards digital transformation, promising enhanced efficiency and accuracy. This shift signals a significant opportunity for innovative firms to capture a segment of the high-net-worth market by leveraging AI technologies. As the industry evolves, staying ahead of these changes is crucial for advisors and financial institutions aiming to meet the demands of tech-savvy investors.
ForbesNew data shows KiwiSaver managers underperforming in returns
June 3, 2026
Recent analysis indicates that the largest KiwiSaver managers in New Zealand are currently underperforming, raising concerns among investors about returns on their retirement savings. The