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Past performance is not indicative of future returns. .

For many years, we have been working together with investment consultants to make the best use of their money. The accuracy and consistency of their advice have always been in question, but we never cared for it much till the time we started having choices. And now that applications is taking over the planet, we do 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 uses index funds and an automatic allocation system on the basis of an investors risk tolerance and time period. 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 really low price 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 a Wealthfront account to only $500. .

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Motif Investing: Motif Investing, a Silicon Valley-based company, is an online brokerage which permits 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 known as motifs 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 services to the middle course. Unlike other services which aim typically tech-savvy and wealthier users, the typical FutureAdvisor client has roughly $100,000 to invest and has multiple accounts with different institutions. In certain ways, FutureAdvisors service is very similar to other offerings on the market; it uses algorithms to optimize the portfolio for a potential client.

If a customer want FutureAdvisor to really execute an investment strategy, 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 using a financial adviser to help manage and grow his investments. The company has managed over $800 million invested by clients. The companys providers are utilized 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 busy professionals in less than five minutes with no minimum investment required. It brings the wealth management solutions of the ultra-high worth to the masses. It has developed several proprietary view publisher site systems to offer services which were previously only available to the 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 obtained $37.3 million in two rounds of funding.

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

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Swanest: Based from London, Swanest is an online automated wealth manager using smart click reference technology to build and manage custom-fit investment plans.   The company assists their clients to achieve their potential financial objectives.

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MoneyFarm: MoneyFarm, the only online financial advisor in Italy, provides first-class investment advisory to both little savers through a scalable, UX-driven, enjoyable and easy-to-use system. The companys clients can construct build their portfolio with MoneyFarms asset allocation recommendations, manage it during the years and implement all of the transactions in a really simple and efficient way. .

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