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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 for it much until the time we started having choices. And now that software is now taking over the world, we 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. 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 helps people to have better control on their prosperity and to grow it with the help of advanced technology.

Wealthfront: Wealthfront is the worlds largest 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 very low cost 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 an Wealthfront account to only $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 constructed around regular ideas and broad economic trends, and create customized motifs. The company has developed a unique financial product called 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 that 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 certain ways, FutureAdvisors service is very similar to other offerings on the market; it uses algorithms to maximize the portfolio to get a potential customer.

Should 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 tools that gather and analyze all the investor's financial data using a financial adviser to help manage and expand his investments. The company has managed go right here 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 complex investing in active professionals in less than five minutes with no minimum investment required. It brings the wealth management services of this ultra-high value to the masses. It's developed several proprietary systems to offer 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 service thats intelligent, straightforward and fair. Until now, the company has obtained $37.3 million in two rounds of funding.

Wealth Horizon: A cheap online service, Wealth Horizon provides investors investment advice starting from no more than 12.50. The company is targeting savers that fall into the so-called information gap(those that dont want to pay the high cost to get a financial advisors expertise).

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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 helps 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 are able to construct build their portfolio with MoneyFarms asset allocation recommendations, manage it during the years and implement all of the transactions in a very simple and efficient manner. .

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