Certified Financial Planner Board of Standards Inc.
09/10/2025 | Press release | Archived content
Nearly 1 in 5 People Who Took Financial Advice from AI Lost at Least $100 Doing So, Survey Finds
A Pearl.com survey reveals that 19% of Americans have lost more than $100 following AI-generated financial advice, with that number jumping to 27% for Gen Z investors. While AI chatbots are free, investing in a real financial advisor, such as a CFP® professional, is worthwhile to avoid costly mistakes.
InvestopediaAndrew Kessel September 10, 2025
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