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For many years, we have been working together 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 till the time we began having choices. And now that software is 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 that manages more than $2 billion in 93,000 accounts. To the management of this asset, the company uses index funds and an automated allocation program on the basis of an investors risk tolerance and time interval. It helps people 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 agency with over $2.5 billion in client assets. It manages a searchable, continually rebalanced portfolio of index funds on the consumers behalf at a very low price and in an extremely tax-efficient manner. It does not charge fees on the first $10,000 and charges 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 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 broker that allows investors to invest in stock and bond portfolios constructed around regular ideas and broad economic trends, and produce customized motifs. The company has developed a unique financial product known as 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 class. Unlike other services which target typically tech-savvy and wealthier customers, the normal visite site FutureAdvisor client has roughly $100,000 to invest and has multiple accounts with different institutions. In some ways, FutureAdvisors support is very similar to other offerings on the market; it utilizes algorithms to optimize the portfolio to get a potential client.

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

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Personal Capital: The companys service combines free tools that gather and analyze all of the investor's financial data using a financial adviser to help manage and expand his investments. The company has managed over $800 million invested by clients. The companys providers are used by over 600,000 Americans to monitor $100 billionin 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 needed. It brings the wealth management services of the ultra-high worth to the masses. It has developed several proprietary systems to provide services which were previously only available to the ultra-high net value, such as 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, straightforward and fair. 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 advice 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 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 achieve their potential financial objectives.

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MoneyFarm: MoneyFarm, the only online financial adviser in Italy, supplies first-class the original source investment advisory to both little savers through a scalable, UX-driven, enjoyable and hassle-free platform. The companys clients are able to build build their portfolio with MoneyFarms asset allocation recommendations, manage it through time and implement all of the transactions in a very straightforward and efficient manner. .

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