AI Based Personal Finance Planners and Robo-Advisors: A Comprehensive Review

This paper primarily discusses the future prospects and emerging challenges of personal financial advisory systems powered by artificial intelligence (AI), along with the benefits of integrating AI into modern financial management. As AI technologies continue to evolve at a rapid pace, the landscape of personal financial consulting is experiencing significant transformation. By leveraging deep learning and big data analytics, and using examples such as JIMI and JD.COM, this study illustrates how AI-driven financial advisors can interpret market trends with greater precision and deliver more accurate, highly personalized financial guidance to users. It further elaborates on how, within an AI-supported environment, financial users can access round-the-clock advisory services, enabling them to log into digital platforms at any time to seek guidance on financial matters, to which AI systems respond promptly and efficiently. Considering that the capital market is constantly fluctuating and characterized by various uncertainties—and that many investors still lack adequate understanding of financial decision-making—the adoption of artificial intelligence in financial management has become increasingly appealing to users. Moreover, its integration not only enhances user experience but also contributes positively to the broader development of the capital market.