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InvestmentNews

Robo-advisers face first reckoning in downturn

By Mason Braswell

The market correction on Friday and volatility that continued into this week may be the first test of automated investment platforms that critics of robo-advisers have been waiting for.

Monday morning brought a series of nervous tweets from investors and commentary from critics who joked about robo-advisers’ clients calling in to get help and not being able to speak with a live person.

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This article originally published August 24th, 2015 on InvestmentNews.