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For many decades, we've been working together with investment consultants to make the best use of our money. The accuracy and consistency of their advice have been in question, but we never cared for it much till the time we started having choices. And now that software is now taking over the planet, we do have choices which 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 advantage, the company uses index funds and an automated allocation program on the basis of an investors risk tolerance and time interval. It assists people to have better control on their prosperity and to develop it with the assistance of advanced technology.

Wealthfront: Wealthfront is the worlds largest 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 price and in an extremely tax-efficient manner. It does not charge fees on the first $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 required to open an 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 regular suggestions and broad economic trends, and produce customized motifs. The company has developed a unique financial product called 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 aim typically tech-savvy and wealthier users, the typical FutureAdvisor client has approximately $100,000 to invest and has multiple accounts with different institutions. In some ways, FutureAdvisors service is very similar to other offerings on the market; it utilizes algorithms to optimize the portfolio content for a potential client.

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

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Personal Capital: The companys service combines free resources that collect and analyze all of the investor's financial data with a financial advisor 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 track $100 billionin accounts on the free software. .

Hedgeable: Founded in 2009, the company automates complex investing for busy professionals in less than five minutes with no minimum investment required. It brings the wealth management services of the ultra-high worth to the masses. It's developed many proprietary systems to offer services that were previously only available to this ultra-high net worth, like risk management, hedging, bitcoin investing, influence investing and personal equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company supplies an online investment support thats read what he said intelligent, straightforward and honest. Until now, the company has obtained $37.3 million in two rounds of funding.

Wealth Horizon: A low-cost online provider, Wealth Horizon offers investors investment information starting from as little as 12.50. The company is targeting Investors that fall into the so-called advice gap(those that dont want to pay the high cost to get a financial advisors expertise).

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Swanest: Based from London, Swanest is an online automated wealth manager using intelligent technology to build and manage custom-fit investment plans.   The company my website assists their clients to achieve their potential financial goals.

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

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