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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 their information have been in question, but we never cared about it much till the time we started having choices. And now that software is now taking over the planet, 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. For the management of the asset, the company utilizes index funds and an automated allocation system on the basis of an investors risk tolerance and time period. It assists individuals to have better control on their wealth and to grow 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 diversified, 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 resources 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 just $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online broker that permits investors to invest in stock and bond portfolios constructed around everyday suggestions and broad straight from the source economic trends, and create customized motifs. The company has developed a unique financial product called motifs which works like low-cost exchange-traded funds.

Until now, the company has raised $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 Arthur Levitt and former Wall Street Executive Sallie Krawcheck. .

FutureAdvisor: FutureAdvisor is looking to bring top-flight wealth management solutions to the middle course. Unlike other services which aim typically tech-savvy site and wealthier customers, the normal FutureAdvisor client has approximately $100,000 to invest and contains multiple accounts with different institutions. In some ways, FutureAdvisors service is similar to other offerings on the market; it uses algorithms to optimize the portfolio for a potential client.

If a customer want FutureAdvisor to really execute an investment strategy, 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 with a financial adviser to help manage and expand his investments. The company has managed over $800 million invested by clients. The companys providers are utilized by over 600,000 Americans to monitor $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates sophisticated investing in active professionals in less than five minutes with no minimum investment needed. It brings the wealth management solutions of the ultra-high value to the masses. It has developed many proprietary systems to provide services that were formerly only available to the ultra-high net worth, like risk management, hedging, bitcoin investing, influence investing and private equity.

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

Wealth Horizon: A cheap online provider, Wealth Horizon offers investors investment information starting from as little as 12.50. The company is targeting savers that fall into the click here for info so called advice gap(those that dont want to cover the high cost to get a financial advisers experience ).

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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 future financial goals.

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MoneyFarm: MoneyFarm, the only online financial adviser in Italy, supplies 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 during the years and implement all of the transactions in a really simple and efficient way. .

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