1. Home
  2. Blog

Robo-advisor vs Human Advisor - Which is better?

Robo-advisor vs Human Advisor - Which is better?
by Nutan Gupta Last Updated: Mar 23, 2017 - 04:30 am 216.2k Views
Listen icon

Robo-advisory as an investment method has gained momentum in the last couple of years. While a lot of people these days are preferring robo-advisors for financial advice, many are still comfortable with the traditional method for seeking investment advice.

Here are the major differences between a robo-advisor and human advisor:

Characteristics Robo-advisor Human Advisor
Financial Advice Fully automated based on the answers you provide to their questionnaire Personal advice which can be customised as per an individual’s situation
Communication Human contact is limited to skype and email An individual is able to seek advice personally - face-to-face or on the telephone
Services Investment services only Can seek advice related to investment planning, insurance etc
Asset Management Provides only passive management services Provides both active and passive management
Cost Provides low-cost advisory services As human advisor provides personalised services, the cost is high
Technology Uses advanced technology Technology is not very advanced

Choosing a robo-advisor or a human advisor depends on the choice and convenience of an individual. If an individual is not comfortable investing in a portfolio which is assessed online, and he prefers to have some control over his investment, human advisor suits him the best. If an individual is looking for a low-cost investment advisory platform, he can choose to invest through robo-advisory. It is always better to weigh both your investment options depending on your investing style before investing.

With 5paisa, experience 100% automated personalised solutions for both your insurance (Insurance Advisor) and mutual fund ( Auto Investor ) needs. Just answer a set of very simple questions, and our automated results will suggest the best portfolio that suits your needs.

How do you rate this blog?

Submit Rating

View All

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

Invest Now
oda_gif_reasons_colorful

About the Author

Nutan Gupta
Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Market Outlook for 16 April 2024

Our markets started the week on a negative note owing to the rising geopolitical tensions seen over the weekend. Nifty witnessed some pullback from the opening hour low of 22260, but it witnessed selling pressure at higher levels and ended the day around 22270 with a loss of over a percent.

How are Gifts Taxed?

Exploring the complexities of gift taxes reveals a complicated network of restrictions and exclusions. In this article, we will address the fundamental subject of ‘’how gifts are taxed’’. Understanding the subtleties of present tax legislation is essential for everybody trying to traverse the panorama of giving without incurring unexpected monetary liabilities. We want to simplify the process by delving into the complexities of exclusions and taxable gift levels.

How to Create a Personal Budget in 6 Steps?

Budgeting is the most essential step when it comes to managing your income efficiently. While budgeting has a lot of advantages, a key benefit includes tracking down your expenses and controlling them according to your choice. This helps to reduce unnecessary expenses and also helps you save your hard-earned money for better purposes. Although, a lot of people out there don’t know how to make a monthly budget. 

View More