Date of Award

Spring 5-11-2026

Document Type

Undergraduate Honors Thesis

Degree Name

Bachelor of Business Administration in Finance

Department

Finance

Advisor

Daniel Roccato, MBA, CPM

Abstract

The past few decades have molded our contemporary financial experiences and have forced financial advisors to plan for a career-altering pivot in the near future. Over the last fifty years, wealth advisors have seen dozens of incidents known as “extinction-level events”, described as the two-way path a consultant faces when new technological advancements occur. We used data collected from real-world financial advisors, client service associates, and academic publications to assess the next big turning point of the industry, Artificial Intelligence, and how it both differs and relates to other developments of this caliber within the industry, such as the rise of the Internet. As of now, AI seems to be gearing up for a significant invasion of the wealth management industry, and advisors everywhere are worried it could mean an end to their careers as they know them.

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