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Financial Advisor IQ

Robos Say They’re Doing Fine in the Correction, Thanks

By ALex Padalka

Dan Egan, Betterment’s director of behavioral finance and investing, said Monday there has been “almost no change in behavior in recent days” among the company’s 105,000 customers, except for a small uptick in deposits, according to the Journal. Wealthfront also said Monday that while volume on the platform does rise during times of volatility, so far it doesn’t indicate any sort of “mass hysteria.”

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This article originally published August 26th, 2015 on Financial Advisor IQ