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For many decades, we have been working with investment consultants to make the best use of our money. The accuracy and consistency of the advice have been in question, but we never cared for it much until the time we began having choices. And now that applications 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 that manages more than $2 billion in 93,000 accounts. To the management of this advantage, the company utilizes index funds and an automatic allocation program on the grounds of an investors risk tolerance and time interval. It assists people to have better control on their prosperity and to grow it with the assistance of advanced technology.

Wealthfront: Wealthfront is the worlds biggest automated investment agency 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 price and in an extremely tax-efficient manner. It does not charge fees on the initial $10,000 and fees only 0.25percent annually on resources in excess of $10,000.

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Nowthey are raising the bar by lowering the minimum amount required to open a Wealthfront account to just $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online brokerage which permits investors to invest in stock and bond portfolios built around everyday ideas and broad economic trends, and produce customized motifs. The company has developed a unique financial product known as themes 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 Arthur Levitt and former Wall Street Executive Sallie Krawcheck. .

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

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

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Personal Capital: The companys service combines free resources that collect and analyze all the investor's financial data with a financial adviser to help manage and grow his investments. The company has managed over $800 million invested by clients. The companys services are used by over 600,000 Americans to track $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates sophisticated investing for busy professionals in less than five minutes with no minimum investment required. It brings the wealth management services of the ultra-high worth to the masses. It has developed several proprietary systems to offer services that were previously 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 service thats intelligent, straightforward and fair. Until now, the company has received $37.3 million in two rounds of funding.

Wealth Horizon: A low-cost online address provider, Wealth Horizon provides 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 pay 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 intelligent technology to build and manage custom-fit investment plans.   The company assists their clients to reach their future financial objectives.

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MoneyFarm: MoneyFarm, the only online financial advisor in Italy, supplies first-class investment advisory to both small savers through a scalable, UX-driven, enjoyable and easy-to-use system. The companys clients can build build their portfolio with MoneyFarms asset allocation recommendations, manage it through the years and implement all the transactions in a very simple and efficient manner. .

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