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For many years, we've been working with investment advisors to make the best use of their money. The accuracy and consistency of the advice have always been in question, but we never cared for it much until the time we started having choices. And now that software is taking over the planet, we do have choices 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 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 consumers behalf at a very low cost and in an extremely tax-efficient manner. It does not charge fees on the first $10,000 and charges 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 a Wealthfront account to only $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online brokerage which 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 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 course. Unlike other services which aim typically tech-savvy and wealthier users, the normal FutureAdvisor client has approximately $100,000 to invest and has multiple accounts with different institutions. In some ways, FutureAdvisors support is similar to pop over here other offerings on the market; it utilizes algorithms to optimize the portfolio for a potential customer.

If a client want FutureAdvisor to actually execute an investment strategy, the company can do that. .

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Personal Capital: The companys service combines free resources that gather and analyze all of the investor's financial data with a financial advisor to help manage and expand his investments. The company has managed over $800 million invested by clients. The companys services are used by over 600,000 Americans to track $100 billion+ in accounts on the free software. .

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

Nutmeg: Specializing in investments, ISAs and pensions, the company supplies an online investment support thats intelligent, simple and honest. Until now, the company has received $37.3 million in two rounds of funding.

Wealth Horizon: A cheap online provider, Wealth Horizon provides investors investment information starting from no more than 12.50. The company is targeting savers 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 from London, Swanest is an online automated wealth manager using smart technology to build and manage custom-fit investment plans.   The company helps their clients to reach their future financial objectives.

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MoneyFarm: MoneyFarm, the only online financial adviser in you can check here Italy, provides 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 the years and implement all of the transactions in a very simple and efficient manner. .

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