A future where robo advisors completely replace human financial advisors has major limitations: robots can’t appeal to investors emotionally and they also can’t interpret information intuitively when the need arises.

No matter what they suggest, robo advisors are not adept at quelling the nerves of investors during moments of panic — the type of panic that sets in during a major economic event like Brexit. They have yet to be tested extensively during an economic downturn and there are no rules to dictate the actions they can and should take to protect investors, leaving it to human financial advisors to step in and make decisions in investors’ best interests.

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