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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 information have been in question, but we never cared about it much until the time we started having decisions. And now that applications is now taking over the planet, we have options which 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. For the management of this asset, the company uses index funds and an automatic allocation program on the grounds of an investors risk tolerance and time period. It helps people to have better control on their wealth 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 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 first $10,000 and charges only 0.25% annually on resources in excess of $10,000.

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Nowthey are raising the bar by lowering the minimum amount necessary 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 that allows 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 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 webpage former Wall Street Executive Sallie Krawcheck. .

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

If a client want FutureAdvisor to really execute an investment plan, the company can do that. .

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Personal Capital: The companys service combines free tools that collect and analyze all 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 track $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates complex investing in busy professionals in less than five minutes with no minimum investment required. It brings the wealth management solutions of this ultra-high worth to the masses. It has developed several proprietary systems to offer services which were previously only available to this his explanation 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 service thats intelligent, simple and honest. Until now, the company has received $37.3 million in two rounds of funding.

Wealth Horizon: A low-cost online service, Wealth Horizon offers investors investment information starting from as little as 12.50. The company is targeting Investors that fall into the so called information gap(people who dont want to cover the high cost for 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 potential financial goals.

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

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