Dollar Scholar Asks: Can I Use AI to Get Ahead Financially?

Can AI help in financial planning? A survey from CFP Board found that 51% of investors said they had little to no trust in advice received from generative AI. However, it is already being used in the profession: “A lot of the companies that you already work with are using AI — and have been using AI — for a long time to analyze the data of what you have been doing,” says CFP Board Ambassador Spencer Betts, CFP®.

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