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For many years, we've been working together with investment consultants 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 decisions. And now that applications is taking over the planet, we have choices 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. To the management of the asset, the company utilizes index funds and an automated allocation system on the grounds of an investors risk tolerance and time period. It assists individuals to have better control on their prosperity and to grow it with the help of advanced technology.

Wealthfront: Wealthfront is the worlds largest 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 price and in an extremely tax-efficient manner. It does not charge fees on the initial $10,000 and fees only 0.25% annually on resources in excess of $10,000.

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Nowthey 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 brokerage that permits investors to invest in stock and bond portfolios constructed around regular ideas and broad economic trends, you could try this out 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 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 that aim typically tech-savvy and wealthier users, the typical FutureAdvisor client has approximately $100,000 to invest and contains multiple accounts with different institutions. In some ways, FutureAdvisors service is similar to other offerings on the market; it utilizes algorithms to optimize the portfolio for a potential client.

Should 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 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 providers are utilized by hop over to these guys over 600,000 Americans to track $100 billion+ in accounts on why not try these out the free software. .

Hedgeable: Founded in 2009, the company automates complex investing for active 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 systems to offer services which were formerly only available to the ultra-high net worth, such as risk management, hedging, bitcoin investing, influence investing and personal equity.

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

Wealth Horizon: A cheap online provider, Wealth Horizon offers investors investment advice starting from as little as 12.50. The company is targeting savers that fall into the so called advice gap(those who dont want to pay the high cost to get a financial advisers experience ).

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Swanest: Based out of 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 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 via a scalable, UX-driven, enjoyable and hassle-free platform. The companys clients are able to build build their portfolio using MoneyFarms asset allocation recommendations, manage it during time and implement all of the transactions in a really straightforward and efficient way. .

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