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For many years, we have been working together 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 decisions. And now that applications is taking over the planet, we 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 advantage, the company utilizes index funds and an automated allocation program on the grounds of an investors risk tolerance and time interval. 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 biggest automated investment service with over $2.5 billion in client assets. It manages a diversified, continually rebalanced portfolio of index funds on the consumers 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 0.25percent annually on assets in excess of $10,000.

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Now, they are raising the bar by lowering the minimum amount necessary to open a Wealthfront account to only $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 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 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 target typically tech-savvy and wealthier users, the typical FutureAdvisor client has approximately $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 maximize the portfolio to get a potential client.

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

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Personal Capital: The companys service combines free resources that collect and analyze all of 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 active professionals in less than five minutes with no minimum investment needed. It brings the wealth management services of this ultra-high worth to the masses. It's index developed many proprietary systems to provide services which were formerly only available to the ultra-high net worth, like risk management, hedging, bitcoin investing, impact investing and private equity.

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

Wealth Horizon: A low-cost online provider, Wealth Horizon offers investors investment information starting from no more than 12.50. The company is targeting Investors that fall into the so-called advice gap(people who dont want to pay the high cost to get a financial advisers experience ).

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Swanest: Based from 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, provides 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 using MoneyFarms asset allocation recommendations, manage it during the years and execute all of the transactions in a really simple and efficient Click Here manner. .

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