Tuesday, 31 March, 2026
AI-Powered Robo-Advisors Surge as Retail Investors Embrace ChatGPT
By Isha
As ChatGPT approaches its third anniversary, approximately 10% of retail investors are utilizing AI chatbots for stock selection, driving a significant expansion in the robo-advisory market. This sector, encompassing automated financial advice from fintech firms, banks, and wealth managers, is projected to grow from $61.75 billion in 2024 to $470.91 billion by 2029.