{"id":3874,"date":"2014-04-30T06:10:19","date_gmt":"2014-04-30T13:10:19","guid":{"rendered":"http:\/\/staging-prblog.paladinregistry.com\/blog\/?p=3874"},"modified":"2022-03-04T00:50:27","modified_gmt":"2022-03-04T05:50:27","slug":"online-financial-advisor-human-robot","status":"publish","type":"post","link":"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/","title":{"rendered":"An Online Financial Advisor \u2013 Is a Human or a Robot for You?"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><a href=\"https:\/\/www.paladinregistry.com\/blog\/wp-content\/uploads\/2014\/04\/online-financial-advisor-roboadvisor.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"174\" src=\"https:\/\/www.paladinregistry.com\/blog\/wp-content\/uploads\/2014\/04\/online-financial-advisor-roboadvisor-300x174.jpg\" alt=\"online financial advisor roboadvisor\" class=\"wp-image-3879\" srcset=\"https:\/\/www.paladinregistry.com\/blog\/wp-content\/uploads\/2014\/04\/online-financial-advisor-roboadvisor-300x174.jpg 300w, https:\/\/www.paladinregistry.com\/blog\/wp-content\/uploads\/2014\/04\/online-financial-advisor-roboadvisor.jpg 620w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>RoboAdvisor is a term that is used to describe an <a title=\"Who Uses an Online Financial Advisor?\" href=\"https:\/\/www.paladinregistry.com\/blog\/advisors\/uses-online-financial-advisor\/\" target=\"_blank\" rel=\"noopener noreferrer\">Online Financial Advisor<\/a> that uses computer programs to invest assets. There is no interaction between the advisor and the investor. It is an automated investment process that is cheap, passive, and online.&nbsp; Personal Financial Advisors meet with you to discuss your current circumstances, performance expectations and risk tolerance.&nbsp; He or she will build a portfolio of securities, mutual funds, ETFs and other investments that reflect your needs and requirements.<\/p>\n\n\n\n<p>Below is a breakdown of how <a href=\"http:\/\/www.paladinregistry.com\" target=\"_blank\" rel=\"noopener noreferrer\">Paladin Registry<\/a> views these two types of \u201cAdvisors\u201d even though one isn\u2019t advising you at all.<\/p>\n\n\n\n<figure class=\"wp-block-table aligncenter is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td>\n<p align=\"center\"><strong>Your Online Financial Advisor<\/strong><\/p>\n<p align=\"center\"><strong>(RoboAdvisor)<\/strong><\/p>\n<\/td><td>\n<p align=\"center\"><strong>Your Personal Financial Advisor<\/strong><\/p>\n<\/td><\/tr><tr><td>Provides cookie-cutter investment options.&nbsp; All investors are treated the same.<\/td><td>Might make you a batch of cookies but mainly will tailor your portfolio to your specific needs and goals.<\/td><\/tr><tr><td>Will pool all of your assets with other investors.<\/td><td>Just might jump in a pool with you, but choose a different pool of funds from client to client.<\/td><\/tr><tr><td>Doesn\u2019t even ask you what you had for lunch.<\/td><td>Will meet you for lunch to discuss integrated solutions, risk tolerance and your current and future needs.<\/td><\/tr><tr><td>Might have lower expenses.<\/td><td>Will have higher expenses but will personalize your portfolio and will have a better understanding of your risk tolerance and specific goals.<\/td><\/tr><tr><td>Doesn\u2019t even know you are crazy.<\/td><td>Isn\u2019t afraid to tell you that you are crazy to buy or sell a certain stock.<\/td><\/tr><tr><td>Provides a singular low cost solution best served for a smaller portfolio of assets.<\/td><td>Can tailor your costs based on the size of your assets.<\/td><\/tr><tr><td>Gives you a finite choice of ETF and Index Funds.<\/td><td>Gives you infinite choices with integrated solutions including financial planning, insurance and tax advice.<\/td><\/tr><tr><td>Is simply a computer managing your assets.<\/td><td>Is not simple work, but a human working alongside a computer to manage your assets.<\/td><\/tr><tr><td>Isn\u2019t offering actual advice.<\/td><td>Is offering advice, whether you like the advice or not.<\/td><\/tr><tr><td>Leaves the ETF\u2019s and Index Funds to be your money managers.<\/td><td>Can also be your money manager.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>RoboAdvisor is a term that is used to describe an Online Financial Advisor that uses computer programs to invest assets. There is no interaction between the advisor and the investor. It is an automated investment process that is cheap, passive, and online.&nbsp; Personal Financial Advisors meet with you to discuss your current circumstances, performance expectations and risk tolerance.&nbsp; He or she will build a portfolio of securities, mutual funds, ETFs<\/p>\n","protected":false},"author":2,"featured_media":3879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[325],"tags":[],"class_list":["post-3874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advisors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An Online Financial Advisor \u2013 Is a Human or a Robot for You?<\/title>\n<meta name=\"description\" content=\"There are two types of advisors. An online financial advisor and a personal financial advisor. Learn which one doesn&#039;t advise you at all.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Online Financial Advisor \u2013 Is a Human or a Robot for You?\" \/>\n<meta property=\"og:description\" content=\"There are two types of advisors. An online financial advisor and a personal financial advisor. Learn which one doesn&#039;t advise you at all.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/\" \/>\n<meta property=\"og:site_name\" content=\"Paladin Registry Blog\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/PaladinRegistry\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-30T13:10:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T05:50:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.paladinregistry.com\/blog\/wp-content\/uploads\/2014\/04\/online-financial-advisor-roboadvisor.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jack Waymire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PaladinRegistry\" \/>\n<meta name=\"twitter:site\" content=\"@PaladinRegistry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jack Waymire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/\",\"url\":\"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/\",\"name\":\"An Online Financial Advisor \u2013 Is a Human or a Robot for You?\",\"isPartOf\":{\"@id\":\"https:\/\/www.paladinregistry.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.paladinregistry.com\/blog\/advisors\/online-financial-advisor-human-robot\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.paladinregistry.com\/blog\/wp-content\/uploads\/2014\/04\/online-financial-advisor-roboadvisor.jpg\",\"datePublished\":\"2014-04-30T13:10:19+00:00\",\"dateModified\":\"2022-03-04T05:50:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.paladinregistry.com\/blog\/#\/schema\/person\/4f94af521e23212d5ffd08618ecb46c0\"},\"description\":\"There are two types of advisors. 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