Carnegie Investment Counsel Blog

 

The Importance of Being Communicative

Posted by Raz Pounardjian on Jul 1, 2016 9:58:34 AM

While the recent market headlines have focused on Britain’s decision to leave the European Union, or “Brexit” as it has been dubbed, I came across an interesting news article last weekend. The article from the Wall Street Journal described how a certain robo-advisor froze all trading activity on their platform for two and a half hours after the market opened on June 24th (the first day of trading after the Brexit results were known). Even worse, they did not even communicate this in a simple email to their users. What would you do in this situation?

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Topics: Commincation

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