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Past performance is not indicative of future returns. .

For many years, we've been working with investment consultants to make the best use of their money. The accuracy and consistency of the advice have always been in question, but we never cared about it much until the time we began having choices. And now that software is taking over the planet, we have choices 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. To 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 assists people to have better control on their wealth and to grow it with the assistance of advanced technology.

Wealthfront: Wealthfront is the worlds largest automated investment service with over $2.5 billion in client assets. It manages a searchable, 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 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 a Wealthfront account to just $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online important source brokerage that permits investors to invest in stock and bond portfolios constructed around everyday ideas and broad economic trends, and create customized motifs. The company has developed a unique financial product called 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 services to the middle class. Unlike other services that aim typically tech-savvy and wealthier users, the normal FutureAdvisor client has roughly $100,000 to invest and has multiple accounts with different institutions. In certain ways, FutureAdvisors support is very similar to other offerings on the market; it utilizes algorithms to optimize the portfolio why not check here to get a potential customer.

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 of the investor's financial data visit the site using a financial adviser to help manage and grow his investments. The company has managed over $800 million invested by clients. The companys services are used by over 600,000 Americans to monitor $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates sophisticated investing for active 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 many proprietary systems to provide services which were previously only available to this ultra-high net worth, such as risk management, hedging, bitcoin investing, influence investing and personal equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company provides an online investment service thats intelligent, simple and fair. Until now, the company has obtained $37.3 million in two rounds of funding.

Wealth Horizon: A low-cost online service, Wealth Horizon provides investors investment information starting from no more than 12.50. The company is targeting Investors that fall into the so called advice gap(those who 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 assists their clients to achieve their future financial objectives.

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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 can build build their portfolio with MoneyFarms asset allocation recommendations, manage it through the years and implement all of the transactions in a really straightforward and efficient way. .

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