14 Companies That Are Leading Online Investment Platforms

For many years, we have been working with investment advisors to make the best use of our money. The accuracy and consistency of their advice have always been in question, but we never cared about it much till the time we started having choices. And now that software is taking over the world, we do have choices that are based on analytics and automation. Today, nearly $19 billion is managed by online investment platforms, sometimes dubbed as robo-advisors. 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 uses index funds and an automated allocation system on the basis of an investor’s 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. The company has received $105 million in five rounds of funding.

Wealthfront: Wealthfront is the world’s largest automated investment service wit ...

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