LPL CEO: AI Wonโt Replace Advisors
Can AI replace your financial advisor? LPL Financialโs CEO says no,ย but it can dramatically change the job. Rich Steinmeier joined Bloomberg Open Interest to explain why trust and empathy remain critical, how AI could automate much of an advisorโs behind-the-scenes workload, and why the technology race is helping drive further consolidation across wealth management. (Source: Bloomberg)