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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 their information have been in question, but we never cared about it much until the time we began having choices. And now that applications is now taking over the planet, we do have options 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 this asset, the company uses index funds and an automatic allocation system on the basis of an investors risk tolerance and time period. It helps individuals to have better control on their wealth and to develop 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 customers 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 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 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 this contact form built around regular suggestions and broad economic trends, and produce customized motifs. The company has developed a unique financial product known as themes which works like cheap 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 former Wall Street Executive Sallie Krawcheck. .

FutureAdvisor: FutureAdvisor is looking to bring top-flight wealth management solutions to the middle class. Unlike other services that target typically tech-savvy and wealthier users, the normal FutureAdvisor client has roughly $100,000 to invest and contains multiple accounts with different institutions. In certain ways, FutureAdvisors service is very 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 really execute an investment plan, the company can do 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 advisor to help manage and grow 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 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates complex investing in busy professionals in less than visit this site right here five minutes with no minimum investment required. It brings the wealth management services of the ultra-high value to the masses. It has 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 provides 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 provides investors investment advice starting from as little as 12.50. The company is targeting Investors that fall into the so-called information gap(those that dont want to cover the high cost for try this website 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 achieve their future financial goals.

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MoneyFarm: MoneyFarm, the only online financial advisor in Italy, supplies first-class investment advisory to little 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 really simple and efficient manner. .

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