Nowadays, Artificial Intelligence (AI) is being deployed in almost all business functions. Especially in the financial services industry, AI is taking over most of the core functions in finance such as risk assessment, stock trading, and credit lending processes. The implementation of AI does not mean that AI technology will completely take over the work of financial professionals but AI will help financial managers focus on the core and strategic aspects of the company. The article focuses on qualitative research and mainly explains how AI has been deployed in financial services and its impact on financial professionals and business organizations.Nowadays, Artificial Intelligence (AI) is being deployed in almost all business functions. Especially in the financial services industry, AI is taking over most of the core functions in finance such as risk assessment, stock trading, and credit lending processes. The implementation of AI does not mean that AI technology will completely take over the work of financial professionals but AI will help financial managers focus on the core and strategic aspects of the company. The article focuses on qualitative research and mainly explains how AI has been deployed in financial services and its impact on financial professionals and business organizations.