Americans have become increasingly attracted to digital solutions for managing their financial lives — but most still prefer a human financial advisor, according to a recent survey.

Fifty-four percent of Americans surveyed by Envestnet wish there were sufficient technology to just handle their personal finances for them.

The findings are from an Envestnet survey of 2,158 U.S. participants ages 25 to 65, about half of whom have an annual household income or household net worth of $100,000 or more. The survey was fielded in December and January.

Around 58% percent of the respondents think that investment, money management, banking and other financial apps are key to attaining their financial goals, according to the survey findings.

But Envestnet said that it found “an unexpected intersection” between technology and human advice: among respondents who currently work with a financial advisor, far more — 76%, in fact — believe that such apps are important.

In the end, meanwhile, 58% of the respondents said they trust a human financial advisor over digital advice offerings, according to the survey. What’s more, while Generation X and baby boomers prefer human interaction, millennials expressed the same preference, Envestnet says.

Working with an advisor also correlates with a sense of security: 62% of the respondents who have a financial advisor said they feel secure about their finances, compared to 22% without one, according to the survey findings.

"What is clear is that our industry must deliver a new digital human experience — one that is a balanced combination of human-centric help through trusted financial professionals, with integrated technology engagement via financial apps and embedded finance," Mary Ellen Dugan, chief marketing officer of Envestnet, said in a statement.

"We have an incredible opportunity to understand what investors of all ages really want, need, and expect will be provided to help guide them on their journey toward financial well-being — allowing them to achieve their full financial potential," she added.

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