At least two intermediary-sold mutual fund advisers have introduced advertising that spoofs online investing.

Both Franklin Resources of San Mateo, Calif. and Putnam Investments of Boston are poking fun at the fact that a significant number of investors have become glued to their computer screens to glean investment information and guidance and to trade stocks through the Internet. The message of these ads is, while there is plenty of investment information available online, it takes a financial adviser who knows an individual's financial situation to help him cut through the clutter of available information and provide individual advice.

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