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For many decades, we have been working together 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 about it much until the time we began having decisions. And now that applications is now taking over the world, we have options 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. To the management of this asset, the company uses index funds and an automatic allocation system on the basis of an investors risk tolerance and time interval. It assists individuals to have better control on their prosperity and to develop it with the assistance of advanced technology.

Wealthfront: Wealthfront is the worlds largest automated investment agency 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 initial $10,000 and charges 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 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 regular suggestions and broad economic trends, and create customized motifs. The company has developed a unique financial product known as motifs 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 solutions to the middle class. Unlike other services that target 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 optimize the portfolio for a potential customer.

If a client 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 gather and analyze all of 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 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 sophisticated investing for busy professionals in less than five minutes with no minimum investment needed. It brings the wealth management solutions of this ultra-high worth to the masses. It has developed many proprietary systems to offer services that were formerly only available to the ultra-high net worth, like risk management, hedging, bitcoin investing, influence investing and private equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company supplies an online investment support 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 provider, Wealth Horizon offers investors investment information starting from as little as 12.50. The company is targeting savers that fall into the so called information gap(those who dont want to pay the high cost to get a financial advisors expertise).

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Swanest: Based out of London, Swanest is an online automated wealth manager using intelligent technology to build and manage custom-fit investment plans.   The company helps their clients to achieve their future financial objectives.

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MoneyFarm: MoneyFarm, the only online click here to read 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 can build build their portfolio using MoneyFarms asset allocation recommendations, manage it during time and execute all of the transactions in a really simple and efficient way. .

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