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For many decades, we have been working with investment consultants to make the best use of their money. The accuracy and consistency of the advice have always been in question, but we never cared about it much till the time we began having choices. And now that software is now taking over the world, we do have choices that are based on analytics and automation.

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These include:.

Betterment: Betterment is a robo-advisor which manages more than $2 billion in 93,000 accounts. To the management of the advantage, the company uses index funds and an automated allocation program on the grounds of an investors risk tolerance and time interval. It helps people to have better control on their prosperity and to develop it with the help of advanced technology.

Wealthfront: Wealthfront is the worlds largest automated investment service with over $2.5 billion in client assets. It manages a searchable, continually rebalanced portfolio of index funds on the customers behalf at a really low cost and in an extremely tax-efficient manner. It does not charge fees on the initial $10,000 and fees only 0.25% annually on assets in excess of $10,000.

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Now, they are raising the bar by lowering the minimum amount required to open an Wealthfront account to only $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online brokerage which allows investors to invest in stock and bond portfolios constructed around regular suggestions and broad economic trends, and create customized motifs. The company has developed a unique financial product called motifs which works like cheap exchange-traded funds.

Until now, the company has increased $126.5 Million in six Rounds of funding. Investors include Foundation Capital, Goldman Sachs, Ignition Partners and Norwest Venture Partners. Board members include former SEC Chairman site web Arthur Levitt and former Wall Street Executive Sallie Krawcheck. .

FutureAdvisor: FutureAdvisor is looking to bring top-flight wealth management solutions to the middle class. Unlike other services that aim typically tech-savvy and wealthier users, the typical FutureAdvisor client has approximately $100,000 to invest and has multiple accounts with different institutions. In certain ways, FutureAdvisors service is similar to other offerings on the market; it uses algorithms to maximize the portfolio for go to the website a potential customer.

Should a customer want FutureAdvisor to really execute an investment plan, the company can accomplish that. .

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Personal Capital: The companys service combines free resources that gather and analyze all of the investor's financial data using a financial adviser to help manage and grow his investments. The company has managed over $800 million invested by clients. The you can try here companys providers are utilized by over 600,000 Americans to track $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates complex investing in active professionals in less than five minutes with no minimum investment needed. It brings the wealth management services of this ultra-high value to the masses. It's developed several proprietary systems to offer services which were formerly only available to the ultra-high net worth, such as risk management, hedging, bitcoin investing, influence investing and personal equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company provides an online investment support thats intelligent, straightforward and fair. Until now, the company has obtained $37.3 million in two rounds of funding.

Wealth Horizon: A cheap online service, Wealth Horizon offers investors investment advice starting from as little as 12.50. The company is targeting Investors that fall into the so called advice gap(people that dont want to cover the high cost to get a financial advisors expertise).

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Swanest: Based out of London, Swanest is an online automated wealth manager using smart technology to build and manage custom-fit investment plans.   The company assists their clients to reach their potential financial objectives.

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MoneyFarm: MoneyFarm, the only online financial advisor in Italy, provides first-class investment advisory to little savers via a scalable, UX-driven, enjoyable and hassle-free platform. The companys clients are able to construct build their portfolio using MoneyFarms asset allocation recommendations, manage it through time and implement all of the transactions in a very simple and efficient manner. .

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