PERSONALIZED FINANCIAL ILLUSTRATION, GUIDANCE AND ADVISORY SYSTEM FOR REFERENCE-DATE DEPENDENT INVESTMENTS

• US 20090281959A1
• Filed: 05/07/2009
• Published: 11/12/2009
• Est. Priority Date: 05/07/2008
• Status: Active Grant

• Current Assignee: Nextcapital Group LLC
• Original Assignee: Business Logic Corp. (Goldman Sachs Group Incorporated)
• Inventors: Abidi, Navaid, Hagen, Jon, Quayle, Dirk
• Granted Patent: US 8,275,688 B2
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system and method is provided to generate personalized savings recommendation and/or needed assignments of reference-date dependent investments. Recommendations and assignments are based on differences between a investor profile and an ideal representative that was used to construct the investments. The system provides a configurable increasing level of financial service based on a Methodology Publisher'"'"'s configuration for reference date based investments. A forecast simulation system is provided for each investor with various optimizers by the Methodologically Publisher to provide various level of financial services and portfolio recommendations for reference date dependent investments. Reports may be provided to investors illustrating progress toward goals and highlighting distribution of potential risky outcomes. An online inter-active mode may allow an investor to provide further profile information and customize a solution to their needs.

Claims

1. An automatic financial advisory system, comprising:

a director in communication with a Methodology Publisher and receiving investor configurations from said Methodology Publisher;

an automated Financial Advisor in communication with said director, said automated financial advisor including, a in communication with a simulation engine;

said simulation engine being configured to receive said investor configuration and generate a target portfolio mix of Target Date Funds, said target portfolio mix being optimized to accommodate differences between said investor and a representative investor used by said Methodology Publisher to generate said investor configurations.