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Will you trust a robot to manage your money—when you’re 64?

By Sarah O’Brien

Companies that deliver automated online investment advisory services, the so-called robo-advisors, have proved they can effectively compete for investing dollars, taking in billions in investor assets in the past few years. That might not seem like much from the $16 trillion pie of individual investments, but it’s already forced a response from investing heavyweights, including Charles Schwab, Vanguard and Fidelity.

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This article originally published June 2nd, 2015 on CNBC.