Younger Americans are more likely to ask the bots for help: 26% of Gen Z and 25% of millennials have used AI for financial guidance in the past 12 months, compared with just 7% of baby boomers. The survey found that 79% of Americans have at least some confidence in financial advisors, including roughly a quarter who have a great deal of confidence in them. “AI can be a great starting point for low-consequence decisions,” said Michael Espinosa, an advisor with TrueNorth Retire. “It can even help people get organized so that their first meeting with their financial advisor goes more smoothly.” But the bigger the stakes, the more important it is to engage with a financial advisor.