Method and apparatus for providing investment advice to multiple investors
AssigneeFOLIOfn, Inc.
InventorSteven M. H. Wallman
Life of this patent
Estimating the term…
Abstract
A computer based portfolio manager system enables a user to create and manage a portfolio of investments. Users can create multiple sub-portfolios, termed folios, within their overall investment portfolio. Each of these folios can be created by the user or selected from multiple preset folios. One of the possible preset folios includes a manager's recommended folio. This folio is regularly updated, thereby indicating buy and sell recommendations of the manager. A user can balance his or her folio in accordance with the manager's revisions by investing additional capital in some securities and selling others.
Claims54
A system for enabling a manager to economically provide investment advice to one or more investors or a financial advisor to each of the one or more investors that are each engaged in electronic portfolio trading of entire portfolios of market tradable assets/liabilities comprising:
- a graphical user interface accessible to the manager and enabling the manager to select one or more market tradable assets/liabilities to include in a model portfolio of such market tradable assets/liabilities, enabling the manager to associate each selected one or more market tradable assets/liabilities a weighting value to define a weighting of said each selected one or more market tradable assets/liabilities relative to an entire model portfolio of market tradable assets/liabilities, and enabling the manager to control access to the model portfolio by the one or more investors or the financial advisor to each of the one or more investors that are each engaged in electronic portfolio trading;
- one or more servers for coupling to a computer network, said one or more servers processing and maintaining the model portfolio and presenting the model portfolio of market tradable assets/liabilities to one or more approved investors or financial advisors that are approved by the manager as a preset folio that the one or more approved investors or financial advisors can select to trade electronically as a whole via a system that forwards trades in each of the plurality of market tradable assets/liabilities to individual markets for each of the plurality of market tradable assets/liabilities;
- and
- a database coupled to the server and storing data representative of the manager's model portfolio and the one or more approved investors or financial advisors.
A method for enabling a user to economically provide investment advice to one or more investors that are each engaged in electronic portfolio trading of entire portfolios of market tradable assets/liabilities comprising:
- enabling the user to select one or more market tradable assets/liabilities to include in a model portfolio of market tradable assets/liabilities;
- enabling the user to define a weighting of the each of the selected one or more market tradable assets/liabilities relative to an entire model portfolio of market tradable assets/liabilities;
- controlling by the user access to the model portfolio by one or more approved investors or a financial advisor to said one or more approved investors from among the one or more investors;
- presenting the model portfolio of market tradable assets/liabilities to the one or more approved investors or the financial advisor to the one or more approved investors as a preset folio that the one or more approved investors or the financial advisor to the one or more approved investors can select to trade as a whole portfolio of market tradable assets/liabilities via a system that forwards trades in each of the plurality of market tradable assets/liabilities to individual markets for each of the plurality of market tradable assets/liabilities;
- and
- storing data representative of the user's model portfolio and the one or more approved investors or the financial advisor to the one or more approved investors.
A method for enabling a plurality of users to provide investment advice to a plurality of investors engaged in electronic portfolio trading of entire portfolios of market tradable assets/liabilities comprising:
- creating by each of the plurality of users one or more investor-selectable model portfolios of market tradable assets/liabilities;
- and
- providing the plurality of investor-selectable model portfolios to the plurality of investors engaged in electronic portfolio trading of entire portfolios of market tradable assets/liabilities.
A computer-readable medium storing instructions that, when executed by one or more processors, cause the one or more processors to perform activities for enabling a user to economically provide investment advice to one or more investors that are each engaged in electronic portfolio trading of entire portfolios of market tradable assets/liabilities, said activities comprising:
- enabling the user to select one or more market tradable assets/liabilities to include in a model portfolio of market tradable assets/liabilities;
- enabling the user to define a weighting of the each of the selected one or more market tradable assets/liabilities relative to an entire model portfolio of market tradable assets/liabilities;
- controlling by the user access to the model portfolio by one or more approved investors or a financial advisor to said one or more approved investors from among the one or more investors;
- presenting the model portfolio of market tradable assets/liabilities to the one or more approved investors or the financial advisor to the one or more approved investors as a preset folio that the one or more approved investors or the financial advisor to the one or more approved investors can select to trade as a whole portfolio of market tradable assets/liabilities via a system that forwards trades in each of the plurality of market tradable assets/liabilities to individual markets for each of the plurality of market tradable assets/liabilities;
- and
- storing data representative of the user's model portfolio and the one or more approved investors or the financial advisor to the one or more approved investors.
An apparatus for enabling a user to economically provide investment advice to one or more investors that are each engaged in electronic portfolio trading of entire portfolios of market tradable assets/liabilities, comprising:
- means for enabling the user to select one or more market tradable assets/liabilities to include in a model portfolio of market tradable assets/liabilities;
- means for enabling the user to define a weighting of the each of the selected one or more market tradable assets/liabilities relative to an entire model portfolio of market tradable assets/liabilities;
- means for controlling by the user access to the model portfolio by one or more approved investors or a financial advisor to said one or more approved investors from among the one or more investors;
- means for presenting the model portfolio of market tradable assets/liabilities to the one or more approved investors or the financial advisor to the one or more approved investors as a preset folio that the one or more approved investors or the financial advisor to the one or more approved investors can select to trade as a whole portfolio of market tradable assets/liabilities via a system that forwards trades in each of the plurality of market tradable assets/liabilities to individual markets for each of the plurality of market tradable assets/liabilities;
- and
- means for storing data representative of the user's model portfolio and the one or more approved investors or the financial advisor to the one or more approved investors.
A method for electronically providing investment advice to an investor by one or more financial advisors comprising:
- providing one or more model portfolios representing investment recommendations by at least one financial advisor, said one or more model portfolio including a plurality of investments and a plurality of target weights associated with the plurality of investments;
- selecting the model portfolio by an individual investor and replicating the model portfolio in an individual investor account;
- and
- trading electronically the model portfolio in a single transaction with a portfolio manager trading system over a computer network.
A method for providing investment advice to a plurality of investors comprising:
- providing a plurality of model portfolios of investments from a plurality of managers, each of the plurality of model portfolios of investments including a plurality of recommended investments and a plurality of associated weights, one for each of the recommended investments;
- selecting one or more of the plurality of model portfolio by an individual investor and replicating the one or more selected model portfolios in an individual investor account to create an individual investor portfolio;
- assigning weights to the one or more selected model portfolios by the user and allocating funds of the user in accordance with said assigned weights;
- and
- trading electronically the individual investor portfolio as a whole by the user over a computer network.
Dependencies are inferred from the claim text.