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For many decades, we've been working together with investment consultants to make the best use of their money. The accuracy and consistency of the information have always been in question, but we never cared for it much until the time we began having decisions. And now that applications is taking over the planet, we have choices that 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 asset, the company utilizes index funds and an automatic allocation system on the basis of an investors risk tolerance and time interval. It assists people to have better control on their wealth and to grow it with the help of advanced technology.

Wealthfront: Wealthfront is the worlds largest automated investment service with over $2.5 billion in client assets. It manages a diversified, 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 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 broker which permits investors to invest in stock and bond portfolios built 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 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 target typically tech-savvy and wealthier customers, the normal FutureAdvisor client has roughly $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 utilizes algorithms to optimize 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 resources 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 providers are utilized by over 600,000 Americans to monitor $100 billion+ in accounts on the free software. .

Hedgeable: Founded in 2009, the company automates complex investing for active professionals in less than five minutes with no minimum investment required. It brings the wealth management solutions of the ultra-high value to the masses. It's developed several proprietary systems to offer services which were previously only available to the ultra-high net worth, such as risk management, hedging, bitcoin investing, influence 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 service, Wealth Horizon offers investors investment advice starting from no more than 12.50. site here The company is targeting Investors that fall into the so-called advice gap(people that dont want to pay the high cost to get a financial advisers experience ).

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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 sites investment plans.   The company helps their clients to achieve their potential financial goals.

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MoneyFarm: MoneyFarm, the only online financial advisor in Italy, supplies first-class investment advisory to small savers through a scalable, UX-driven, enjoyable and hassle-free platform. The companys clients are able to build build their portfolio with MoneyFarms asset allocation recommendations, manage it during time and execute all of the transactions in a very simple and efficient manner. .

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