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Past performance is not indicative of future returns. .

For many years, we have 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 till the time we started having choices. And now that applications is now taking over the world, we have choices 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. For the management of this advantage, the company utilizes index funds and an automatic 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 grow 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 searchable, continually rebalanced portfolio of index funds on the consumers 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 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 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 themes 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 services to the middle course. Unlike other services that aim typically tech-savvy and wealthier customers, the normal FutureAdvisor client has approximately $100,000 to invest and has multiple accounts with different institutions. In some ways, FutureAdvisors service is similar to other offerings on the market; it uses algorithms to maximize the portfolio to get a potential customer.

Should a customer want FutureAdvisor to actually execute an investment plan, the company can accomplish that. .

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Personal Capital: The companys service combines free resources that collect and analyze all of the investor's financial data with 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 sophisticated investing for busy 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 value, like risk management, hedging, bitcoin investing, impact investing and personal 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 received $37.3 million in two rounds of funding.

Wealth Horizon: A low-cost online service, Wealth Horizon offers investors investment information starting from as little as 12.50. The company is targeting savers that fall into the so-called advice gap(people who dont want to cover 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 visit this page investment plans.   The company assists their clients to achieve their potential financial goals.

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

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