Business Transformation | 11.05.26

AI's Upshot? Advisors Reinvesting Time Into Growth

by: Grace L. Williams

A Financial Planning survey found that AI is reducing administrative workloads for financial advisors, with 48% reporting time savings, although 70% said their overall working hours remained unchanged. Instead, advisors are reinvesting the time into business growth, with 29% pursuing professional development, 28% spending more time with existing clients and 28% conducting deeper financial planning. Additionally, 31% reported serving more client households, while 25% gained personal or leisure time. AI is most useful for onboarding, paperwork, meeting notes, compliance documentation and client communications. However, advisors remain cautious about using AI for financial planning and sensitive client data, emphasizing that trust, relationship-building, emotional support and personalized advice still require human involvement.

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