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For many years, we've been working with investment advisors to make the best use of our money. The accuracy and consistency of the advice have been in question, but we never cared about it much until the time we started having decisions. And now that applications is taking over the planet, we have options 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 the asset, the company utilizes index funds and an automated allocation program on the grounds of an investors risk tolerance and time interval. It assists people to have better control on their prosperity 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 first $10,000 and fees only 0.25% 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 broker which allows 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 solutions to the middle class. Unlike other services that aim typically tech-savvy and wealthier customers, the typical FutureAdvisor client has roughly $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 maximize the portfolio to get a potential client.

Should 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 gather and analyze all of the investor's financial data using a financial adviser to help manage and expand his investments. The company has managed over $800 million invested by clients. The companys providers 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 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 has developed several proprietary systems to offer services which were previously only available to the ultra-high net worth, like 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, straightforward and honest. Until now, the company has received $37.3 million in two rounds of funding.

Wealth Horizon: A cheap online service, Wealth Horizon provides investors investment information starting from as little as 12.50. The company is targeting Investors that fall into the so-called information gap(those that dont want to cover the high cost for 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 investment plans.   The company helps their clients to reach her response their potential financial objectives.

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MoneyFarm: MoneyFarm, the only online financial adviser in Italy, supplies first-class investment advisory to both little savers through a scalable, UX-driven, enjoyable and hassle-free platform. The companys clients are able to build build their portfolio using MoneyFarms asset allocation recommendations, manage it during the years and implement all of the transactions in a very simple and efficient way. .

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