Investment guidance system which enables individuals to rate and select assets based on personal investment preferences
OwnerRobert K. Samsoninventor
Life of this patent
Estimating the term…
Abstract
An investment guidance system which enables individuals to rate and select assets based on personal investment preferences. The system comprises a method for receiving a request to rate a plurality of assets, providing two or more criteria associated with the assets for a user to evaluate, receiving a relative weight of importance for the two or more criteria, and determining a rating for each asset based on the relative weights assigned to the two or more criteria. The system then ranks the plurality of assets based on the rated value for each asset, provides a list of the ranked assets and receives requests to execute trades for the ranked assets. The assets can comprise mutual funds, stocks, bonds, and/or other investment vehicles.
Claims13
An investment guidance system for providing financial planning assistance, comprising:
- means for receiving a financial goal from a user;
- means for receiving one or more input decisions upon which the probability of achieving said financial goal is dependent, wherein one of the input decisions includes selecting an asset allocation based on investment risk;
- means for determining the probability of achieving said financial goal;
- means for receiving an indication that said user has selected a target asset allocation investment plan in order to achieve said financial goal;
- means for receiving a request to rate a plurality of assets within a selected asset class;
- means for providing two or more criteria associated with said assets for said user to evaluate;
- means for determining a normalized value for each of said two or more criteria;
- means for receiving a relative weight of importance for said two or more criteria based on the user's personal investment preferences;
- means for determining a rating for each asset based on the normalized values and the relative weights assigned to said two or more criteria;
- means for ranking plurality of said assets based on said rating;
- means for receiving a request to execute a trade for one or more of the ranked assets in order to fulfill said target asset allocation investment plan;
- and
- means for executing said trade for one or more of the selected ranked assets.
Dependencies are inferred from the claim text.