Personal Financial Advisors

Jim (No chance) says

My financial planner coaches me on life steps and how that will impact my money. These so called Robo advisors just shoot out a boring allocation like a target date fund.

Some Financial Advisor (Small chance) says

The markets are unpredictable, and require insight into human nature to understand - something that computers lack.

Amber (Could go either way) says

Personal financial planners must provide customized plans that fulfil personal needs. The process involves engaging and inspiring and educating the may not be easily replaced by robots or preprogrammed systems.

Gary the Investor says

How can financial planning be automated when it is about building relationships and connecting with people? It'll be a dark day in hell when I have to review my portfolio with a robot. Risk of automation is 0% in my book.

Riley says

Real financial planning requires a high degree of emotional competence and coaching. Financial planning is far beyond the numbers. One of the biggest value-adds of developing a long-term relationship with a financial planner is setting goals, learning about your values, and defining the life you want to live. These are responsibilites that cannot simply be automated. Just take a look at people's current financial situation across the US and the world. Everyone knows they should be saving more, yet few do. A financial planner is an accountability partner and coach. I do not see this ever being automated.