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For many decades, we have been working together with investment consultants to make the best use of our money. The accuracy and consistency of their information have been in question, but we never cared about it much till the time we started having decisions. And now that software is 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 which manages more than $2 billion in 93,000 accounts. To the management of this asset, the company uses index funds and an automated allocation system on the grounds of an investors risk tolerance and time period. It helps people to have better control on their prosperity and to develop it with the help 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 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 resources 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 built around everyday ideas and broad economic trends, and produce customized motifs. The company has developed a unique financial product called motifs which works like cheap exchange-traded funds.

Until now, the company has raised Homepage $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 approximately $100,000 to invest and has multiple accounts with different institutions. In certain ways, FutureAdvisors support is very similar to other offerings on the market; it uses algorithms to maximize the portfolio to get a potential client.

If a client want FutureAdvisor to actually execute an investment strategy, the company can accomplish 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 advisor 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 for active professionals in less than five minutes with no minimum investment needed. 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 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 service thats intelligent, straightforward and honest. Until now, the company has received $37.3 million in two rounds of funding.

Wealth Horizon: A low-cost online service, Wealth Horizon provides investors investment information starting from no more than 12.50. The company is targeting savers that fall into the so called information gap(those who dont want to cover the high cost for a financial advisers experience ).

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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 achieve their potential financial objectives.

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MoneyFarm: MoneyFarm, the only online financial adviser in Italy, provides 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 using MoneyFarms asset allocation recommendations, manage it during time and execute all the transactions in a really straightforward and efficient way. .

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