Personal Financial Advisors
The short answer
This job is expected to meaningfully change. AI can already assist with or automate many of its tasks. In New York State, the number of these jobs is expected to grow over the next decade, with about 3,181 openings expected each year.
Where your job stands
Compared with other New York jobs, this one is in the second most exposed fifth for how much AI could touch it. That doesn't mean the job goes away—it means more of its tasks are the kind AI can help with.
How much AI could touch this job
Looking at the job itself, AI could help with more than half of this job's tasks.
What this means
Compared with other New York jobs, this one is in the second most exposed fifth, out of 656 jobs we could rank. Read more in the methodology.
What AI can and can’t help with in this job
The score comes from the real, day-to-day tasks of this job—not a guess about the job as a whole. Below are the tasks that matter most in this job, split by whether AI can help with them.
AI can help with or automate about 95% of the tasks in this job.
Tasks AI can help with or automate
Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
AI could help, but needs extra software
Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
AI could help, but needs extra software
Answer clients' questions about the purposes and details of financial plans and strategies.
AI could help, but needs extra software
Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.
AI could help, but needs extra software
Manage client portfolios, keeping client plans up-to-date.
AI could help, but needs extra software
Tasks AI can't do much of
Meet with clients' other advisors, such as attorneys, accountants, trust officers, or investment bankers, to fully understand clients' financial goals and circumstances.
AI is unlikely to speed this up
Jobs you could switch to
If you're thinking about a change, these are jobs your experience already fits—related work you could move into. Pick your area to see local options.
See related jobs in
The closest matches by the skills they use—each has projected openings in New York State, pays within reach of your job now, and is no more exposed to AI than your job. Each card shows what the move would take.
Financial Managers
Similar work+32% pay8,296 openings/yrAbout as exposed as your job nowPays about 32% more—$223,566 vs your $169,190 here.
What the move takes
Usually requires a bachelor's degree, with 5 years or more of experience.
Getting ready typically takes two to four years.
Skills you already have
- Economics and Accounting
- Oral Expression
- English Language
- Deductive Reasoning
- Customer and Personal Service
New skills to build
- Administration and Management
- Management of Personnel Resources
- Personnel and Human Resources