Will AI replace Financial Investment Advisers and Managers in Australia?

Based on our analysis of official government data, Financial Investment Advisers and Managers has an AI exposure score of 5.6/10. This occupation faces moderate AI impact, likely through augmentation rather than replacement.

What is the job outlook for Financial Investment Advisers and Managers in Australia?

Financial Investment Advisers and Managers currently employs 63,400 people in Australia. The projected 10-year employment growth is +12.7%. The current shortage status is: No Shortage.

How much do Financial Investment Advisers and Managers earn in Australia?

The median weekly earnings for full-time Financial Investment Advisers and Managers in Australia is $2,582.

ANZSCO 22235.6ModerateNo Shortage

Financial Investment Advisers and Managers

Business, Human Resource and Marketing Professionals · Financial Brokers and Dealers, and Investment Advisers

AI exposure measures how much this occupation's tasks may change. It is not the probability that the job will disappear.

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Moderate Risk

Median Weekly Pay

$2,582

Full-time workers

Employment

63,400

Total workers

10yr Growth

+12.7%

Projected to 2035

Shortage Status

No Shortage

JSA Official AI Exposure

Automation48.0%

Augmentation74.0%

Key Tasks

•Interviewing prospective clients to determine financial status and objectives, discussing financial options and developing financial plans and investment strategies
•Monitoring investment performance, and reviewing and revising investment plans based on modified needs and changes in markets
•Recommending and arranging insurance cover for clients
•Arranging to buy and sell stocks and bonds for clients
•Advising on investment strategies, sources of funds and the distribution of earnings
•Setting financial objectives, and developing and implementing strategies for achieving the financial objectives
•Managing funds raised from personal superannuation savings policies and unit trusts
•Assisting in meeting superannuation compliance requirements
•Directing the collection of financial, accounting and investment information and the preparation of budgets, reports, forecasts and statutory returns
•May refer clients to other organisations to obtain services outlined in financial plans