FutureAdvisor launched its online financial service designed for everyone, not just the wealthy. FutureAdvisor's free web application provides people with recommending ways to reduce fees, maximize on tax efficiency and select the right investments.

"FutureAdvisor offers consumers an alternative way to manage their finances and gives everyone the free tools and knowledge they need to make informed decisions about their investments and portfolios," said Keith Rabois, angel investor and chief operating officer at Square Inc.

FutureAdvisor's free online service provides:

  • Unlimited investment advice
  • Analysis of your entire financial picture
  • Advice on how to save money
  • Tips to keep your portfolio diversified
  • Guidance on retirement goals

FutureAdvisor's basic online service is free, but does offer two additional options for people looking for more services. The Gold plan includes 24/7 portfolio monitoring, coupled with rebalancing alerts and an annual scheduled video call with an investment adviser on staff for $49 per year. The Platinum plan provides a face-to-face connection of a real-life adviser and includes everything from the Gold Plan plus unlimited video calls with an investment adviser for $195 per year.

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