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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 advice have been in question, but we never cared for it much until the time we began having choices. And now that applications is taking over the planet, we do have options which 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 this advantage, the company uses index funds and an automated allocation program on the grounds of an investors risk tolerance and time period. It helps individuals to have better control on their prosperity and to develop 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 searchable, 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 just $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online brokerage which allows investors to invest in stock and bond portfolios constructed around everyday suggestions and broad economic trends, and create customized motifs. The company has developed a unique financial product called themes which works like low-cost exchange-traded funds.

Until now, the company has increased $126.5 Million in six Rounds of funding. Investors include Foundation go to my site 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 that aim typically tech-savvy and wealthier customers, the normal 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 maximize the portfolio for a potential client.

If a customer 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 grow his investments. The company has managed over $800 million invested by clients. The companys services are utilized by over 600,000 Americans to monitor $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates sophisticated investing in active professionals in less than five minutes with no minimum investment required. It brings the wealth management services of this ultra-high worth to the masses. It's developed several proprietary systems to provide services which were formerly only available to this ultra-high net value, such as risk management, hedging, bitcoin investing, impact investing and private equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company provides an online investment support 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 provider, Wealth Horizon offers 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 cover 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 potential financial objectives.

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MoneyFarm: MoneyFarm, the only online financial adviser in Italy, supplies first-class investment advisory to both little savers through a scalable, UX-driven, enjoyable and easy-to-use system. The companys clients are able to build build their portfolio with MoneyFarms asset allocation recommendations, check my reference manage it through time and execute all the transactions in a really simple and efficient way. .

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