u/Hazard2112

We talk a lot about AI disrupting finance, but I feel the conversation is too broad. The reality is that different roles sit at very different points on the vulnerability spectrum. Take the obvious candidates:

Equity Research- AI can already screen stocks, build earnings models, and draft initiation reports. The value-add of a mid-level analyst is shrinking fast.

Investment Banking ( analyst level )- Pitch books, comps, and CIM drafting are being automated. Juniors are most at risk; senior rainmakers less so since they own relationships and mandates.

Private Equity- Deal sourcing and portfolio monitoring can be AI-assisted, but judgment on founders, deal structuring, and negotiation remain stubbornly human.

Private Banking / Wealth Management-Counterintuitively, I think this might actually be the safest. Yes, robo-advisors handle basic rebalancing. But at the HNW and UHNW level, clients aren’t just buying asset allocation, they’re buying trust, discretion, and someone who understands the emotional complexity of multi-generational wealth.

Curious to know what y’all think..

We talk a lot about AI disrupting finance, but I feel the conversation is too broad. The reality is that different roles sit at very different points on the vulnerability spectrum.
Take the obvious candidates:
Equity Research- AI can already screen stocks, build earnings models, and draft initiation reports. The value-add of a mid-level analyst is shrinking fast.

Investment Banking ( analyst level )- Pitch books, comps, and CIM drafting are being automated. Juniors are most at risk; senior rainmakers less so since they own relationships and mandates.

Private Equity- Deal sourcing and portfolio monitoring can be AI-assisted, but judgment on founders, deal structuring, and negotiation remain stubbornly human.

Private Banking / Wealth Management-Counterintuitively, I think this might actually be the safest. Yes, robo-advisors handle basic rebalancing. But at the HNW and UHNW level, clients aren’t just buying asset allocation, they’re buying trust, discretion, and someone who understands the emotional complexity of multi-generational wealth. That’s not something a model replicates easily.

What I feel is that the roles built around transactions and information processing (research, junior IB) are most exposed. Roles built around human judgment and long-term relationships (private banking, senior coverage) have a longer runway.

Curious to know what this sub thinks..