SOC 13-2052
Personal Financial Advisors
Risk Score
โ ๏ธ52/100
Elevated
US Employment
๐ฅ270,480
Total workers
Median Wage
๐ฐ$102K
$50K โ $0
Projected Growth
๐+9.6%
2023-2033 (BLS)
GenAI Exposure
๐ค81/100
High exposure
๐ก Personal Financial Advisors face a risk score of 52/100 โ 8 points above the national average of 44. With 81/100 GenAI exposure, this occupation faces significant pressure from AI tools despite strong projected growth. See our methodology โ
๐ก Workers in this field earn $102K ($56K above the national median). The 3 recommended career transitions all maintain competitive wages while reducing automation exposure. Explore transition paths โ
๐ AI Impact Analysis
With a risk score of 52/100, Personal Financial Advisors faces moderate automation pressure. While tasks like algorithmic trading and ai portfolio management are increasingly handled by AI, the role retains significant human elements. The 270,480 workers in this occupation should focus on strengthening skills in crisis financial decision-making under uncertainty and stakeholder management in complex organizational settings to stay ahead. The role will likely evolve rather than disappear.
Will AI Replace Personal Financial Advisors?
Read our full analysis with verdict, risk factors, safe tasks, and career transition paths โ
โ ๏ธ Top Risk Factors
Algorithmic trading and AI portfolio management
AI-powered research and literature review tools
Robotic process automation for accounting workflows
Generative AI producing marketing and creative copy
๐ก๏ธ Tasks Safe from Automation
Crisis financial decision-making under uncertainty
Stakeholder management in complex organizational settings
Ethical judgment in fiduciary and advisory roles
Strategic advisory requiring deep client relationship knowledge
๐ Task Automation Breakdown
Based on O*NET task analysis and GenAI exposure scoring. Shows the estimated proportion of this occupation's core tasks that are automatable by current AI, augmented by AI tools, or require essential human skills.
๐ O*NET Task Profile
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.
Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
Answer clients' questions about the purposes and details of financial plans and strategies.
Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.
Manage client portfolios, keeping client plans up-to-date.
๐ป Technology Skills
Customer relationship management CRM software
Financial analysis software
Word processing software
Document management software
Compliance software
๐ Key Knowledge Areas
Customer and Personal Service
Economics and Accounting
English Language
Mathematics
Psychology
๐ vs National Average
National avg: $46K
National avg: 44/100
National avg: 38/100
National avg: 3.7%
๐ Career Transition Paths
| Occupation | Risk | Wage | Overlap |
|---|---|---|---|
| Advertising, Marketing, Promotions, Public Relations, and Sales Managers | 16 | $145K | 57% |
| Lawyers, Judges, and Related Workers | 17 | $144K | 55% |
| Architectural and Engineering Managers | 23 | $168K | 63% |