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> the kind of financial advisor most people would find while looking at random Any regulated financial advisor will still go further and deeper than any LLM.
by traceroute66 2mo ago
> the kind of financial advisor most people would find while looking at random
Any regulated financial advisor will still go further and deeper than any LLM.
For example, most (all ?) LLMs won't even consider or ask you about applicable jurisdiction, which could easily end up as dangerous and costly advice.
Will an LLM do a proper client risk assessment ? Probably not.
Will an LLM deal correctly with vulnerable clients or PEPs ? Unlikely.
Will an LLM deal correctly with anything vaguely "complex" or contentious ? Definitely not.
And again, the financial advisor is regulated. Which means you have recourse through the regulator, and the advisor will also have liability insurance.
The LLM meanwhile ? Yeah, about that...