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For many decades, we've been working with investment consultants to make the best use of their money. The accuracy and consistency of the advice 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. For the management of the asset, the company utilizes index funds and an automatic allocation system on the grounds of an investors risk tolerance and time period. It helps people to have better control on their wealth and to grow it with the help of advanced technology.

Wealthfront: Wealthfront is the worlds biggest automated investment agency with over $2.5 billion in client assets. It manages a searchable, continually rebalanced portfolio of index funds on the consumers behalf at a really 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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Nowthey are raising the bar by lowering the minimum amount required to open an Wealthfront account to just $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online broker that allows investors to invest in stock and bond portfolios built around everyday suggestions and broad economic trends, and create customized motifs. The company has developed a unique financial product called themes which works like low-cost 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 normal FutureAdvisor client has roughly $100,000 to websites invest and has multiple accounts with different institutions. In some ways, FutureAdvisors support is very similar to other offerings on the market; it uses algorithms to maximize the portfolio to get 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 collect and analyze all of the investor's financial data using a financial advisor to help manage and grow his investments. The company has managed over $800 million invested by clients. The companys services are utilized by over 600,000 Americans to track $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 needed. It brings the wealth management solutions of this ultra-high worth 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, influence investing and private equity.

Nutmeg: Specializing in investments, ISAs and pensions, the company provides an online investment service thats intelligent, simple and fair. Until now, the company has obtained $37.3 million in two rounds of funding.

Wealth Horizon: A cheap online service, Wealth Horizon offers investors investment information starting from as little as 12.50. The company is look these up targeting Investors that fall into the so-called information gap(those that 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 intelligent technology to build and manage custom-fit investment plans.   The company helps their clients to reach their potential financial objectives.

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

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