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For many decades, we've been working together with investment advisors 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 until the time we began having decisions. And now that software is now taking over the world, we have options 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. For the management of the asset, the company uses index funds and an automated allocation system on the grounds of an investors risk tolerance and time interval. It assists individuals to have better control on their wealth and to develop it with the assistance of advanced technology.

Wealthfront: Wealthfront is the worlds biggest 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 very 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 resources in excess of $10,000.

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Now, they are raising the bar by lowering the minimum amount necessary 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 that allows investors to invest in stock and bond portfolios constructed around everyday ideas and broad economic trends, and create customized motifs. The company has click reference developed a unique financial product called motifs 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 that target typically tech-savvy and wealthier customers, the typical FutureAdvisor client has approximately $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 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 collect and analyze all of the investor's financial data using a financial advisor to help manage and expand his investments. The company has managed over $800 million invested by clients. The companys services are utilized by over 600,000 Americans to monitor $100 billionin accounts on the free software. .

Hedgeable: Founded in 2009, the company automates sophisticated investing in active professionals in less than five minutes with no minimum investment required. It brings the wealth management services of this ultra-high worth to the masses. It has developed many proprietary systems to offer services which were formerly only available to the ultra-high net value, like risk management, hedging, bitcoin investing, impact investing and private equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company supplies an online investment service thats intelligent, straightforward 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 advice starting from as little as 12.50. The company is targeting click this Investors that fall into the so called information gap(those who dont want to cover the high cost for 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 reach their future financial goals.

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MoneyFarm: MoneyFarm, the only online financial adviser in Italy, provides first-class investment advisory to both little savers through a scalable, UX-driven, enjoyable and hassle-free platform. The companys clients can construct build their portfolio using MoneyFarms asset allocation recommendations, manage it through time and execute all the transactions in a very straightforward and efficient manner. .

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