Business Transformation | 10.30.26

Independent Advisors Want a Louder Voice in AI Regulation of RIAs

by: Jennifer Lea Reed

Independent financial advisors want clearer, simpler AI regulations, according to a Schwab Advisor Services survey that found 38% prioritizing AI guidance and 68% favoring straightforward standards over comprehensive mandates. Advisors also support stronger fiduciary, cybersecurity and data privacy protections. Fiduciary responsibility remains their strongest differentiator, cited by 64% as a key benefit of independence. Looking ahead, 70% expect client referrals and 60% exceptional service to drive growth. Nearly half plan to integrate AI into workflows, primarily to reduce administrative tasks. Advisors are also expanding alternative investments, particularly private markets, while emphasizing personal relationships, trust and long-term investment discipline.

Read the full article on Financial Advisor