Investment vehicle and methods and systems for implementing investment strategy

• US 20060031149A1
• Filed: 08/04/2004
• Published: 02/09/2006
• Est. Priority Date: 08/04/2004
• Status: Abandoned Application

• Current Assignee: Nationwide Mutual Insurance Company
• Original Assignee: Nationwide Mutual Insurance Company
• Inventors: Henderson, Eric, Rouse, Trey, Lyons, Timothy J., Mangini, Douglas C., Gradeless, Steven E.
• Application Number:
  US10/910,970
• Publication Number:
  US 20060031149A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Implementing an investment strategy to be executed for an individual investor in a single financial contract, covering a plurality of assets. The assets underlying the financial contract are managed using at least a tactical and a strategic asset allocation model. Information regarding risk tolerance, investing time horizon and investment needs of the investor is used to determine (i) a combination of tactical and strategic asset allocation models to manage the assets in the contract; and (ii) a relative percentage of allocation of the assets between the tactical and strategic asset allocation models.

Claims

1. An investment vehicle comprising:

a single financial contract comprising a plurality of assets,

wherein at least certain of the assets are invested in accordance with a tactical asset allocation model and at least other certain of the assets are invested in accordance with a strategic asset allocation model.

3. The investment vehicle of claim 1 or 2 wherein the single financial contract comprises one of a variable annuity contract and a variable life contract.

2. An investment vehicle comprising:

a single financial contract comprising multiple assets,

wherein at least certain of the assets are invested in accordance with multiple tactical asset allocation models.

4. A method for implementing an investment strategy comprising:

A. selecting assets underlying a single financial contract, wherein the assets are managed using at least two asset allocation models, the asset allocation models comprising at least a tactical asset allocation model and a strategic asset allocation model; and

B. issuing the contract.

5. The method of claim 4 wherein the financial contract comprises one of a variable annuity contract and a variable life contract.

6. A method for implementing an investment strategy to be executed for an individual investor in a single financial contract, the single financial contract comprising a plurality of assets, the method comprising:

A. determining risk tolerance, investing time horizon and investment needs of the investor;

B. based on at least the determined risk tolerance, the investing time horizon and the investment needs, determining (i) a combination of one or more tactical asset allocation models and strategic asset allocation models to manage the assets in the single financial contract; and

(ii) a relative percentage of allocation of the assets between the tactical asset allocation models and the strategic asset allocation models.

7. The method of claim 6, wherein the relative percentage of allocation of the assets is determined as a function of changing market conditions.

8. The method of claim 6, further comprising

C. determining a market assessment of an advisor to the investor based at least on a predicted direction and volatility of market indices and economic indicators, wherein step B is further based on the market assessment.

9. The method of claim 6, further comprising:

C. on a periodic basis, reviewing the combination and the relative percentage to determine any adjustments thereto.

10. A system for implementing an investment strategy to be executed for an individual investor in a single financial contract, the single financial contract comprising a plurality of assets, the system comprising:

at least one user station; and

at least one server connected to the user station via a communications network

wherein the server interactively receives from the user station risk tolerance information, investing time horizon information and investment needs information of the individual investor; and

determines based on at least the risk tolerance information, the investing time horizon information and the investment needs information, (i) a combination of one or more tactical asset allocation models and strategic asset allocation models to manage the assets in the single financial contract; and

(ii) a relative percentage of allocation of the assets between the tactical asset allocation models and the strategic asset allocation models.