NEEDS-BASED SUGGESTION ENGINE

• US 20140164287A1
• Filed: 07/25/2013
• Published: 06/12/2014
• Est. Priority Date: 07/25/2012
• Status: Abandoned Application

• Current Assignee: CapitalRock, LLC
• Original Assignee: CapitalRock, LLC
• Inventors: HYDE, John C., HENDRICKS, Brian L.
• Application Number:
  US13/951,097
• Publication Number:
  US 20140164287A1
• 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 for generating needs-based suggestions which includes a computing device. The computing device is configured to gather key financial data for at least one user, analyze the key financial data to perform at least one of generating questions directed at identifying additional key financial data and selecting at least one suggestion based on the key financial data, and generate an electronic message including the at least one suggestion and a detailed explanation of reasons the at least one suggestion was selected based on the key financial data.

Claims

1. A system for generating needs-based suggestions, comprising:

a computing device configured to perform operations comprising;

gathering key financial data for at least one user;

analyzing the key financial data to perform at least one of generating questions directed at identifying additional key financial data and selecting at least one suggestion based on the key financial data; and

generating an electronic message including the at least one suggestion and a detailed explanation of reasons the at least one suggestion was selected based on the key financial data.

2. The system of claim 1, further comprising a user interface for gathering the key financial data for the at least one user.

3. The system of claim 1, further comprising a memory capable of storing the key financial data in association with a user identifier which is associated with the at least one user.

4. The system of claim 1, wherein gathering key financial data for at least one user comprises presenting a series of preliminary questions and receiving answers to the series of preliminary questions.

5. The system of claim 1, wherein the detailed explanation of reasons the at least one suggestion was selected includes a listing of user-specific reasons why the one suggestion was selected with relevant key financial data of the key financial data.

6. The system of claim 1, wherein generating the at least one suggestion further comprises generating further questions directed at identifying and requesting further data as it pertains to the at least one suggestion.

7. A processor configured to execute computer instructions to cause a system to perform operations to determine at least one suggestion, the operations comprising:

gathering key financial data for at least one user;

analyzing the key financial data to perform at least one of generating questions directed at identifying additional key financial data and selecting at least one suggestion based on the key financial data; and

generating an electronic message including the at least one suggestion and a detailed explanation.

8. The processor of claim 7, further comprising providing a user interface for gathering the key financial data for the at least one user.

9. The processor of claim 7, further comprising storing the key financial data in a memory connected to the processor, the key financial data including a user identifier which is associated with the at least one user.

10. The processor of claim 7, wherein gathering key financial data for at least one user comprises presenting a series of preliminary questions and receiving answers to the series of preliminary questions.

11. The processor of claim 7, wherein the detailed explanation of reasons the at least one suggestion was selected includes a listing of user-specific reasons why the one suggestion was selected with relevant key financial data of the key financial data.

12. The processor of claim 7, wherein generating the at least one suggestion further comprises generating further questions directed at identifying and requesting further data as it pertains to the at least one suggestion.

13. A method for generating at least one suggestion, comprising:

requesting financial or personal information to obtain key data relating to at least one user;

analyzing the key data to determine suggestions relevant to the at least one user;

prioritizing the suggestions in order of relevance to the at least one user based on the financial or personal information; and

providing at least one of an explanation and a reason for each suggestion.

14. The method of claim 13, wherein the financial or personal information is requested using a user interface which is accessible by a user or other entity authorized by the user.

15. The method of claim 13, further comprising storing the key financial data in association with a user identifier which is associated with the at least one user.

16. The method of claim 13, wherein requesting financial or personal information to obtain key data comprises presenting a series of preliminary questions and receiving answers to the series of preliminary questions.

17. The method of claim 13, wherein the at least one explanation of reasons for each suggestion includes presenting a listing of user-specific reasons why the at least one one suggestion was selected with relevant key financial data of the key financial data.

18. The method of claim 13, further comprising generating further questions directed at identifying and requesting further data as it pertains to the at least one suggestion.

19. The method of claim 18, further comprising obtaining further data as it pertains to the at least one suggestion, analyzing the further data, and re-prioritizing the suggestions in order of relevance to the at least one user based on the financial or personal information and the further data.

20. The method of claim 13, further comprising receiving a request for additional information and sending the request for additional information along with a subset of the key data to an entity capable of providing additional information.