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1. Michael Faloon 2. Bernd Scherer 1. To order reprints of this article, please contact David Rowe at drowe{at}iijournals.com or 212-224-3045. Automated asset management advisory firms, often called robo-advisors, assign portfolios to individual investors based on investment algorithms. These algorithms use investor characteristics such as age, net income, and assessments of individual risk aversion to recommend suitable asset allocations.
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