Management of goals and recommendations

A computer-readable medium comprising instructions, that when executed by a computer, cause the computer to:

• receive a financial planning goal associated with a financial planning client, wherein the financial planning goal identifies a client objective and includes a goal status and one or more goal attributes;
• receive a financial planning recommendation associated with the financial planning goal, wherein the financial planning recommendation includes a recommendation status and one or more recommendation attributes;
• create a record in a database, wherein the record includes the financial planning goal, the financial planning recommendation, and one or more client attributes of the financial planning client;
• send a copy of the record to a first application;
• receive a first modified record from the first application, wherein the first modified record includes at least one modification to the copy of the record;
• update the record in the database based on the first modified record;
• send a copy of the updated record to a second application;
• receive a second modified record from the second application, wherein the second modified record includes at least one modification to the copy of the updated record;
• and
• update the record in the database based on the second modified record.

A system comprising:

• a data manager configured to:
• store goals and recommendations to a database;
• and
• retrieve goals and recommendations from the database,
• wherein each goal stored at the database includes a goal description and an updateable goal status to track progress toward meeting the goal and wherein each recommendation stored at the database includes a recommendation status and one or more recommendation attributes, and
• wherein the goals and recommendations are represented by a data file in a first data format and wherein each recommendation is associated with at least one goal and includes at least one proposed action;
• a first interface configured to receive the data file representing the goals and recommendations from the data manager and to translate the data file representing the goals and recommendations from the first data format to a second data format compatible with a first application;
• and
• a second interface configured to receive the data file representing the goals and recommendations from the data manager and to translate the data file representing the goals and recommendations from the first data format to a third data format compatible with a second application.

A system comprising:

• a data manager accessible by a plurality of applications, wherein the data manager is configured to store financial planning goals and financial planning recommendations for a plurality of financial planning clients to a database;
• a financial planning application configured to access the data manager and to create a financial planning goal and associate one or more financial planning recommendations with the financial planning goal;
• a document developer application configured to access the data manager and to:
• modify a goal status of an existing financial planning goal;
• and
• modify a recommendation status of an existing financial planning recommendation;
• generate a financial planning document for a particular financial planning client based on financial planning goals and financial planning recommendations associated with the particular financial planning client;
• and
• store the generated financial planning document at a file manager;
• an interface infrastructure configured to support a plurality of interfaces, including:
• a first interface that comprises a display of financial planning goals and financial planning recommendations associated with each financial planning client served by a particular financial planner;
• a second interface that comprises a display of financial planning goals and financial planning recommendations associated with a financial planning client;
• and
• a data mining module configured to monitor the data manager, to detect one or more trends based on the monitoring, and to identify one or more products based on the one or more trends.