Latest news with #financialadvice
Yahoo
6 hours ago
- Business
- Yahoo
My boyfriend wants to take over half of the $80K mortgage I took on in my divorce — but I don't want to get burned again
Owning a home is a life goal for most people — paying off your home is even more of an achievement. But, what happens if you get a new partner? Should you add them to the deed or not? How could this impact your future? Consider a 50-year-old who now owes $80,000 on a refinanced mortgage. The finish line is close! Now, your boyfriend wants in — not just to live there, but to help you financially by buying half the house. He's offering cash and says he's ready to get married. You love the idea of partnership. You're also hesitant, especially after getting burned in a past marriage. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it What do you do? Letting him purchase half the house would ease the financial pressure, but are you setting yourself up for legal and emotional headaches down the road? The pros and cons of adding a partner to your deed There's no question that the cash from a life partner can help. If he buys half the home at market value, that could easily pay off your remaining mortgage and leave you with some financial breathing room. You'd still have a home you love with someone you care about. But, it's not without risks. Let's look at the pros and cons to determine if this is a good idea. The pros include: Financial relief. Selling half your home could allow you to eliminate debt, invest or save for retirement. Shared future responsibilities. With two owners, costs like taxes, big repairs and maintenance can be split, making them easier to manage. No need to move. Selling and buying together is an option, but if you love your home and bought it at a good time, it makes sense to stay. But there are financial and legal downsides, too — especially if you aren't yet married. Here are potential cons to keep in mind: Loss of control. You'd no longer be able to make big decisions about the property on your own. If you want to sell, borrow against the property or make significant upgrades, you'll need your partner's agreement. Potential to lose the home if you break up. Once your partner's name is on the deed, they become a full co-owner. If things sour, you may have no choice but to sell if they want out. No protections of marriage. If you're not legally married, you don't have the same property rights or legal safeguards that married couples do. In the event of a breakup or death, there's no automatic right to inherit or buy the other person out. Risk of unequal investment. If one of you pays more towards the mortgage, taxes or repairs, those contributions might not be fairly reflected unless you clearly define ownership shares. In general, adding an unmarried partner to the deed of a home you already own is risky. The chances of things going wrong if you break up — or even if they pass away — can be high. For example, if your partner has children from a previous marriage and passes away, you could end up co-owning a home with their children. If they want to sell, you may not have a choice in the matter unless you can afford to buy them out. However, if you do decide to go forward with this plan, consider a cohabitation agreement to get the details, like who pays for what and what happens if the relationship ends, in writing. Vague promises and handshake deals won't cut it. Here are some questions to answer before moving forward. Read more: Nervous about the stock market in 2025? Find out how you can Is he paying half of the current market value? If he's offering 50% in cash, it should be for the current value of the home, not what you bought it for however long ago. That equity is yours, so make sure the deal is fair to you. Will he be added to the deed and the mortgage? You can technically sell part of your equity without refinancing, but if he wants true co-ownership, adding him to both is cleaner. Just know that refinancing could cost you that great interest rate. Are you planning to get married? If you plan to get married, it's better to wait until after the wedding. That will ensure you have more protections in place. Make sure to research the laws in your state regarding marital assets. What will happen if things go south? Decide now how you'll handle it if things go wrong. Can one of you buy the other out? Will you sell the house? How will the equity that may accrue be divided? Bridging your partner in on your biggest asset is a big decision. In most cases, it's not a good idea unless you're at risk of losing your home. Done thoughtfully, though, it can be a way to build towards a better future together. Above all else, talk to a lawyer. This is not a process you want to manage on your own. And if you do move forward, treat it like a business deal: protect yourself legally and make sure both your hearts and paperwork are in the right place. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
12 hours ago
- Business
- Daily Mail
St James's Place cuts cash held for customer redress after fees shake-up
St James's Place has reduced the amount of cash it has set aside for a customer redress fund, the wealth revealed on Thursday. The FTSE 100 firm clawed back £85million of the £426million it expected to pay out to compensate customers following complaints over historic ongoing advice charges. It came as SJP revealed net client inflows almost doubled to around £3.8billion during the first half of the year. The group is in the final phase of implementing its new fee structure next month after years of accusations its charges were were opaque and high. On Thursday, the wealth group reiterated that it planned to launch its new new 'simple, comparable charging structure' to be in place from 26 August. As part of the fee structure changes, the separate cost of the financial product, any advice provided and ongoing fund management costs will be split out. The firm's exit charges have also been abolished for new customers. St James's Place had already reduced its initial fee, which is the charge applied when a client first joins up to the firm. This initial fee used to be 4.5 per cent of the wealth being handed over, plus an ongoing charge of 0.5 per cent. From 26 August, a tiered initial fee approach will be adopted. Clients will pay 3 per cent on the first £250,000, 2 per cent on the next £250,000 and a 1 per cent fee on sums above £500,000. The advice charge will be 0.8 per cent, which is higher than previously. The fee saga came to a head in February when the London-listed firm said it had set aside £426million potentially to refund clients who were not provided with the services they should have been. At the time, the business said it had received 'accelerating' levels of complaints from customers in the latter part of 2023, and that it is going to review customer records going back to 2018. In an update on Thursday, St James's Place, said: 'During the period, following the FCA's new industry guidance around ongoing financial advice services, issued in February 2025, the Group revised the redress methodology. 'The Group have updated the assumptions to reflect experience from the project to date, which includes a larger representative cohort of clients.' St James's Place clawed back £85million of the money it expected to pay out to compensate customers for historic ongoing advice charges. The wealth manager said that it had now estimated it to be nearer £320million. St James's Place shares rose more than 7 per cent on Thursday after the group unveiled bumper net inflows. The wealth manager firm saw its net inflows double to £3.8billion in the first half of the year, buoyed by more demand for financial advice and renewed foreign interest in British markets. The London-listed business launched a fresh £63.4million share buyback as its total managed assets jumped to £198.5billon by the end of the period, up from £190.2billion by the end of March. The group recorded a 17 per cent increase in underlying post-tax cash to £240.4million. Mark FitzPatrick, the company's chief executive, said: 'During the period our highly qualified, professional advisers helped over one million clients to navigate a complex macroeconomic environment, ensuring clients' financial plans remain on track for the future. Beyond new business, the first half was a busy period of heavy lifting as we progressed in delivering our key programmes of work. 'We expect our new simple, comparable charging structure to be in place from 26 August 2025, and we look forward to achieving this important milestone. 'Meanwhile, our cost and efficiency programme is proceeding as expected and we are confident in delivering against our plan to take around £100 million out of our addressable cost base3 by 2027.'
Globe and Mail
2 days ago
- Business
- Globe and Mail
Am I Financially Ruined at 23 With $96,000 in Debt and Just a $75,000 Salary?
Key Points If you're deep in debt, you can probably still dig yourself out of it. Being very young can help your situation a lot, too. A bright financial future can lie ahead if you start making some smart moves. The $23,760 Social Security bonus most retirees completely overlook › As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any questions regarding your personal financial situation. If you'd like to submit your question for feedback, you can do so here. Many of us occasionally worry that we're not doing a good job of saving and investing for the future -- something that is vital to do. A 2024 survey by SoFi Technologies found that 17% of respondents have no retirement savings and about 60% have saved less than $50,000. And per a 2024 Bankrate survey, fully 57% of American workers feel behind on their retirement savings. But not everyone who's worried should be worried. Someone on Reddit, for example, asked whether she was financially ruined -- at age 23 -- because she is in debt to the tune of $96,000. Here's a look at that question. A worried young person asks... The Redditor said: Am I Cooked? I'm 23 and 96k in debt. by u/Little-Bass0600 in personalfinance To summarize, the questioner is nearly 24 years old and has just started her first job, earning a salary of $75,000. She's living at home and has no savings. Her plan is to switch into a cheaper car as soon as she can and live on a strict budget, to help her pay down her debt. Is the poster really "cooked"? The questioner wonders whether she's "cooked." Many people responded to the post, with one person explaining that the situation might be "sizzling," but she's not cooked. That's very true. Here's why: The poster is very young, with lots of time to fix her problem and improve her financial condition. By living at home, presumably with her parents, she should have a low living costs; this allows her to used much (or most) of her earnings to pay down debt. (If her parents aren't charging anything for rent or food, the questioner is especially well situated.) One issue, the $36,642 in car loans, might be addressed relatively quickly by switching from a presumably expensive vehicle to a less costly one. Getting out of debt Many, many people are deep in debt, and many have paid off much greater sums than $96,000, even while earning less than $75,000 and even while living on their own and raising a family. It's almost surprising what we can accomplish when we're determined enough. There are many ways to pay off debts. Here are a few: Use balance-transfer cards: You might move some or all of your credit card debt to a new balance-transfer credit card that offers a 0% interest rate for an introductory period (which could be a year and a half, or potentially more). Once you do so, aim to pay off that debt within the introductory period. Start paying off your highest-interest-rate debts first because that will help you save the most in interest payments. Alternatively, pay off your smallest debts first, just to get rid of them and reduce the number of debts you have. This can be satisfying psychologically. Tap your home's equity, if you own one: If you know you will be disciplined about paying off your debt and you have some home equity you can borrow against, you might do so in order to pay off higher-interest-rate debts. There are other ways to tackle debt, too -- including just calling up your credit card lender and asking for a lower rate. A little digging online can turn up additional debt-reduction strategies. What else should the poster do? As this young questioner pays off her debt, what else might she do? Well, the advice below is for her and for us older folks, as well: Aim to live below your means, spending less than you bring in. This will leave you with extra earnings that can be used for savings and investments. A side hustle can be a big help, too. Build an emergency fund, so that you can stay afloat in the event of a job loss or costly setback. Read up on how to invest. Young people are in a particularly great position when it comes to investing in the stock market because their dollars have a long time in which to grow. Open an account at a good brokerage and start investing! The original questioner is actually in a pretty good place, having recognized and spelled out her financial problems and taken steps to start solving them. In a few years' time, she will likely be debt-free and have some money saved for her future. The $23,760 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Join Stock Advisor to learn more about these strategies.
Yahoo
23-07-2025
- Business
- Yahoo
8 ways to get free financial advice
Key takeaways There are many ways to get free financial advice from a variety of sources. It may be possible to see a financial advisor for free or at a reduced cost. For more complex financial planning issues, such as estate planning or starting a business, it may be worth paying a financial advisor for personalized advice. Paying for financial advice can seem like a catch-22. After all, shelling out cash for financial advice can be difficult if you don't have money to spend. As a result, you may find yourself looking for free financial advice. Perhaps you like to read Reddit threads or maybe you're someone who goes down a TikTok rabbit hole, spending hours watching every video you can find that discusses finances. While there is a substantial amount of free financial advice online, what you will find isn't always the best information. On the other hand, you may not have reached the minimum threshold for a financial advisor or paid advice is beyond your budget. You still have options though. These are some of the top ways to get free financial advice. Compare advisors: Bankrate's list of the best financial advisors 1. Online brokers Many online brokers, such as Charles Schwab, E-Trade and Fidelity, offer robust educational resources such as articles and videos, which can be particularly helpful for new investors. While brokers naturally cover investing topics, the information they publish typically goes beyond stocks and bonds. For instance, they might cover topics like retirement, budgeting, debt reduction and more. Even if you aren't an existing customer, you can find lots of information free of charge on these websites. Check your benefits You may have access to free financial advice, such as workshops with your 401(k) provider, through your retirement benefits at work. 2. Your bank or credit union Banks and credit unions provide many valuable services beyond deposits and withdrawals. You might be able to speak with a banker who can walk through your finances and make recommendations. For instance, they might review your accounts with you and help you get the most out of your money. In addition, some banks have financial education resources on their websites. Several large national banks have many articles online that discuss various topics. These resources are generally free and available to anyone — not just customers. 3. Budgeting and financial planning apps A budgeting app, like PocketGuard or You Need A Budget, can analyze your spending habits and offer recommendations based on your budgeting goals. Many budgeting and financial planning apps are available, and the companies that develop them want to attract new customers to create accounts with them. These companies aim to bring in new customers by offering financial education on their websites and apps. Some also offer articles, videos and other supplemental material to help you learn about personal finance. Explore: Best financial planning software 4. Consumer Financial Protection Bureau (CFPB) The CFPB is a U.S. government agency 'dedicated to making sure you are treated fairly by banks, lenders and other financial institutions.' In support of its mission, it provides numerous articles, guides and news reports on credit cards, debt collection, mortgages and more. You can find useful information in the consumer education section of the CFPB's website. 5. Public resources Many public entities offer free financial classes and seminars. Your local library, community center and county extension office are some places to look. The Department of Labor publishes retirement tool kits and other online materials at the national level, and the Federal Trade Commission offers guides for loans, mortgages and credit reports. is another government-run website providing free financial education and tools. You can also look into resources available at local community centers and credit unions. For example, you might have a local community center that hosts seminars covering budgeting, credit management and buying a home. Local credit unions may also offer one-on-one financial counseling, though that service might be reserved for members. 6. HUD-approved counselors The Department of Housing and Urban Development (HUD) offers comprehensive home advice for free or at a low cost. HUD-approved counselors can offer guidance on buying a home and rental housing services, foreclosure avoidance, credit issues and reverse mortgages. HUD partners with local nonprofit agencies to host seminars and workshops and meet with members of the public. To find a HUD-approved housing counseling service near you, use this HUD database. 7. Financial Planning Association (FPA) The FPA offers pro bono financial planning for underserved and at-risk communities. The association has 77 active chapters in states all over the U.S. It also lists financial planners who provide pro bono financial planning for low-income individuals and families, military personnel/veterans and domestic violence survivors. To find an FPA chapter in your area, visit the Find Your Chapter page on the organization's website. 8. Savvy Ladies Savvy Ladies is a nonprofit organization that promotes the advancement of self-reliant, financially educated women. It offers webinars, panel discussions and articles. In addition, it offers free courses to empower women through financial knowledge. The classes cover various topics, such as budgeting, investing, marriage and caregiving. Savvy Ladies also runs a free helpline, connecting you to a volunteer financial professional for one hour of free financial advice. Over 280 volunteers give guidance monthly on the helpline. Getting ready for your financial consultation: What to prepare With so many resources available, you might be eager to get started and meet with a financial professional immediately. However, it's best to prepare for your meeting in advance. Assemble important documents: Start by obtaining your pay stubs, tax returns and records of any other income you may have. Show your spending: You should also have information on your expenses, which may be as simple as downloading your bank and credit card statements. And your debt: You may also need statements for your loans, such as mortgage, student loans and auto loans. If you want your session to be productive, you should also clearly define your financial goals ahead of time. For instance, what do you want to achieve in the short and long term? Short-term goals might include building an emergency fund, reducing debt or saving for a vacation. Long-term goals could be buying a home or saving for retirement. Whatever your goals, decide what they are ahead of time to get the most out of your session. When should you pay for financial advice? Free financial resources can make you more money-savvy but can't replace personalized advice in all situations. For more advanced financial planning, it might be worth paying someone instead. This is especially true if you have complex estate planning or tax questions since these go beyond the scope of free financial advice services. The same is true if you're starting a business and need help organizing your startup's finances. Volunteers or pro bono services are best for helping with basic, day-to-day financial planning. Get started: Match with an advisor who can help you achieve your financial goals FAQs Is it possible to get free financial advice? There are many ways to get free financial advice, including possible sources from your bank or local library. Various government agencies and nonprofit organizations can also be invaluable sources of information and even free financial consultations. However, these resources can be limited in scope, especially if your finances are complex. In these cases, it may be best to seek help from a fee-only financial advisor. Can I see a financial advisor for free? Some organizations may let you meet with a financial advisor for free, especially if you are part of an underserved community. Organizations like the National Foundation for Credit Counseling (NFCC) provide free and low-cost services like credit counseling and debt management. Other places, like credit unions, universities and local libraries, often provide free resources for their communities. What is the normal fee for a financial advisor? Fees can vary quite a bit from one financial advisor to the next, as they may use fee structures such as an hourly rate, a flat rate or a percentage of assets under management (AUM). Depending on the structure, you might pay a few hundred dollars for a session or several thousand dollars annually. Looking for an advisor who is a fiduciary may help you keep fees low. Do I need a financial advisor if I don't have much money? Not everyone needs a financial advisor, and you may not always need one. However, working with a financial advisor can help you work through complex financial decisions or major life instance, getting married or having a child can greatly impact your finances. Remember that some financial advisors may require a minimum investment of $100,000. Bottom line If you're going through a major life change — like finishing college, approaching retirement or getting married— seeking financial advice is natural. Plenty of free resources exist, but it's sometimes worthwhile to pay a financial professional. Complex tax and estate planning questions justify a fee because making mistakes here can cost you big and cause long-lasting legal headaches. Starting with free resources is a good idea, but be aware of their limitations. Get matched: Find a financial advisor who can help you maximize your investments Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
22-07-2025
- Business
- Finextra
From advisors to algorithms: The shift in wealth guidance
From advisors to algorithms: The shift in wealth guidance 0 Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. For decades, wealth management was a relationship business. Clients used to meet their financial advisors in offices, discuss life goals, and trust human judgment to guide their financial futures. However, over the last decade, a quiet revolution has taken place: one that's replacing handshakes with algorithms and intuition with machine learning. Today, millions of people receive financial advice not from a person, but from a platform. Robo-advisors, AI-driven planning tools, and hyper-personalised investment apps are reshaping how we think about wealth, and who gets to build it. However, according to McKinsey, by 2034, 'at current advisor productivity levels, the advisor workforce will decline to the point where the industry faces a shortage of roughly 100,000 advisors.' McKinsey data shows that advice revenues have been the main economic driver for the US wealth management industry. Revenues 'generated from fee-based advisory relationships [...] have grown from approximately $150 billion in 2015 to $260 billion in 2024, and growth in the number of human-advised relationships has outpaced population growth by three times in the same period.' Amid the growing demand for advice, declining advisor head count and addressing the shortage with an advisor talent and productivity system, the quiet revolution has advocated for the recruitment of new-to-industry advisors. By improving the advisor career path for entry-level talent, there is also a clear path for new sources of talent by targeting career switchers. Recruitment will not be enough. This is where generative AI comes in. McKinsey's estimate reveals that even a '30-40% average advisor adoption of more wealth-management-specific gen-AI-enabled tools and processes across the value chain and across the full advisor population by 2034 can deliver 6-12% of time savings – and, in turn, increase advisor capacity.' From suits to software Addressing a 100,000-advisor capacity shortage will be no easy feat, especially with the first wave of robo-advisors having emerged in the early 2010s, offering low-cost, automated portfolio management. They were simple, rules-based systems, efficient, but impersonal. Fast forward to 2025, and the landscape has evolved dramatically. Modern AI-driven platforms don't just rebalance portfolios. They analyse behavioural patterns, anticipate life events, and tailor advice to individual goals, risk appetites, and even emotional states. What began as a cost-saving tool has become a sophisticated engine for personalised wealth guidance. As Sébastien Payette, director consulting expert, financial services, CGI, writes, robo-advisors are becoming an 'integral part of investment strategies for both retail and high-net-worth (HNW) and ultra-high-net-worth (UHNW) investors.' He points to three key trends: 'Hybrid advisory models – Traditional financial institutions are incorporating robo-advisors alongside human expertise, offering a blend of automated technology and personalised, face-to-face financial guidance. Hyper-personalisation – Advanced robo-advisors utilise AI-driven insights that integrate financial market data with investors' digital footprints, tailoring investment strategies to unique financial goals, risk appetite, and life stages. Diversified asset offerings – Robo-advisors are expanding beyond equities and fixed-income products to include alternative investments such as derivatives, real estate, private equity, and cryptocurrencies, broadening the scope of automated wealth management.' What AI does better Payette also explains that smarter AI and predictive analytics through robo-advisors 'will leverage even more advanced AI capabilities to predict market trends and mitigate risks, leading to increasingly optimised portfolios and investment strategies.' AI's appeal lies in its speed, scale, and objectivity. It can: Monitor markets and portfolios in real time. Optimise tax strategies across multiple jurisdictions. Detect behavioural biases and nudge users toward better decisions. Offer 24/7 access to insights, no appointment necessary. For younger investors and the mass affluent, these tools offer something traditional advisors often couldn't: accessibility. With lower fees and intuitive interfaces, AI has opened the door to wealth planning for millions previously priced out of the conversation. As the World Economic Forum states, 'large language models (LLMs) are still evolving. They are expanding beyond robo-advisors, progressing from chatbots to assistants to agents, reducing the advice gap for retail investors. 'The essential question is can AI systems deliver the level of emotional intelligence and empathy required by investors to share information and needs in ways they do with their human advisors, i.e., could machines ever replace human advisors?' But what's lost? Despite its advantages, AI lacks something essential: human empathy. Financial decisions are rarely just about numbers. They're about fear, ambition, family, and identity. A human advisor can read between the lines, sense hesitation, and offer reassurance. An algorithm, no matter how advanced, can't replicate that, at least not yet. There's also the question of accountability. When an AI-driven platform makes a poor recommendation, who's responsible? The developer? The firm? The user? As AI takes on more advisory functions, these questions become more urgent — and more complex. Can AI wealth models be credible? Yes, by processing vast datasets with speed and precision. Agentic AI can also integrate collaboration with human experts, which strengthens the credibility of the systems. Can AI wealth models be reliable? Yes, AI is consistent and free from human error, but there are transparency concerns. LLMs can offer guidance and with modules such as retrieval augmented generation (RAG), context is enriched. Can AI wealth models be intimate? Yes, AI can recognise sentiment, but cannot offer the lived experience and cultural nuances that humans can. Can AI wealth models be self-oriented? Yes, AI can operate without personal biases, but the data its trained on or how it's deployed by financial firms may introduce conflicts of interest. Regulatory oversight may be needed to ensure AI acts in the best interests of the clients, and recommendations are not biased. The rise of hybrid models Rather than replacing human advisors, many firms are now blending the best of both worlds. This transformation or phase of the evolution requires a balanced approach that capitalises on AI systems but preserves human touch. This is how trust-based relationships can be built in wealth. These advisors can use AI to handle data-heavy tasks, while humans focus on relationship-building and strategic guidance. It's a model that promises both efficiency and empathy, and it's gaining traction fast. In conversation with Finextra in 2023, Renato Miraglia, head of wealth management and private banking, Italy, at UniCredit, says that human beings will continue to be essential in the relationship with private and wealth clients into the future, but the use of data and technology will change the analytical tools with which client materials are produced. He cites the value of generative AI to create highly personalised and detailed real-time reports and analyses on the peculiarities of each client's position. 'The wealth manager of the future will use new and sophisticated tools to analyse risks and investment opportunities – and this will improve the accuracy of financial planning. The next generation of tools consider key elements in an integrated way, taking a holistic view of factors such as the interaction with real estate or business assets, changes in lifestyle, and elements of risk that can be secured through various forms of insurance,' Miraglia elaborates. The next evolution The future of wealth guidance may not be about choosing between humans and machines, but about redefining the role of each. As generative AI becomes more conversational and emotionally intelligent, it could take on more nuanced advisory roles. Meanwhile, human advisors may evolve into financial coaches, helping clients navigate not just markets, but meaning.
