Citi: Robo-Advisers Will Never Take the Place of Traditional Investment Managers

No robots for the rich.
Photographer: Patrick T. Fallon/Bloomberg
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It's OK, Charles Schwab Corp. and BlackRock Inc.: Robo-advisers won't be taking away your high-net-worth clients.

At least, that's what Citigroup Inc. is telling clients in its recent fintech report, which has already been garnering headlines.