Income analysis tools for wealth management

• US 8,321,316 B1
• Filed: 02/28/2011
• Issued: 11/27/2012
• Est. Priority Date: 02/28/2011
• Status: Active Grant

• Current Assignee: The PNC Financial Services Group, Inc.
• Original Assignee: The PNC Financial Services Group, Inc.
• Inventors: Kunz, Thomas S., King, Simon, Rettger, Erik, Farkas, David, Earle, Christina Payne, Wang, Dennis Y., Monson, Rodney H., Woods, Luke P.
• Primary Examiner(s): Shrestha, Bijendra K
• Application Number:
  US13/037,063
• Time in Patent Office: 638 Days
• Field of Search: 705/37, 705/35
• US Class Current: 705/35
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03

Abstract

Enhanced processes, methods, tools, strategies, and techniques are provided for more effectively and efficiently processing, managing, analyzing, and communicating wealth related data and other financial information within a computing environment. In various embodiments, the analysis tools provided herein have been designed to correspond visually with a mental model employed by many clients in managing their wealth.

Claims

1. A computer-implemented analysis method comprising:

generating, with a computer processor, a graphical representation of income inflow and outflow activity occurring within a group of one or more asset objects selected in association with one or more client asset accounts for a predetermined time period;

generating, with the computer processor, a calculation of estimated future income for a future period associated with the predetermined time period;

displaying, with the computer processor, the estimated future income value expected for the client asset accounts for the future period of the predetermined time period; and

displaying, with the computer processor, a multi-segmented graphical display comprising;

a first segment having a dimension proportioned to visually illustrate actual income outflow value from the selected accounts for the predetermined time period;

a second segment having a dimension proportioned to visually illustrate actual income inflow value into the selected accounts for the predetermined time period; and

a third segment having a dimension proportioned to visually illustrate estimated future income value for the selected accounts for the future period of the predetermined time period,

wherein displaying the multi-segmented graphical display further comprises aligning the first and second segments such that the segment visually illustrating the greater income value of the two segments extends beyond the other segment for a distance proportional to the difference between the actual income outflow value from the selected accounts and the actual income inflow value into the selected accounts, and

wherein displaying the multi-segmented graphical display further comprises aligning the second and third segments wherein the second and third segments combine and extend for a distance proportional to the sum of the actual income inflow value into the selected accounts and the estimated future income value for the selected accounts for the future period.

2. The method of claim 1, further comprising receiving a selection from a user to include an asset object in the selected group of asset objects.

3. The method of claim 2, wherein receiving the selection from the user includes a click-drag-drop manipulation for including the asset object.

4. The method of claim 1, further comprising receiving a selection from a user to exclude an asset object from the selected group of asset objects.

5. The method of claim 4, wherein receiving the selection from the user includes a click-drag-drop manipulation for excluding the asset object.

6. The method of claim 1, wherein at least one income inflow represents a change in an investment.

7. The method of claim 1, wherein at least one income outflow represents an account withdrawal.

8. The method of claim 1, wherein generating the calculation of estimated future income further comprises generating an expectation of future income in the form of a dividend inflow.

9. The method of claim 1, wherein generating the calculation of estimated future income further comprises generating an expectation of future income in the form of an interest inflow.

10. The method of claim 1, wherein displaying the first segment having a dimension proportioned to visually illustrate actual income outflow value further comprises displaying net withdrawals associated with the client accounts over the predetermined time period.

11. The method of claim 1, further comprising displaying the multi-segmented graphical display divided into one or more sub-segments that represent sub-periods of the predetermined time period.

12. The method of claim 11, further comprising receiving data representative of selection of a sub-period and displaying information associated with the selected sub-period.

13. A computer system for performing income analysis, the system comprising:

a computer processor programmed for;

generating a graphical representation of income inflow and outflow activity occurring within a group of one or more asset objects selected in association with one or more client asset accounts for a predetermined time period;

generating a calculation of estimated future income for a future period associated with the predetermined time period;

displaying the estimated future income value expected for the client asset accounts for the future period of the given time period; and

displaying a multi-segmented graphical display comprising;

a first segment having a dimension proportioned to visually illustrate actual income outflow value from the selected accounts for the predetermined time period;

a second segment having a dimension proportioned to visually illustrate actual income inflow value into the selected accounts for the predetermined time period; and

a third segment having a dimension proportioned to visually illustrate estimated future income value for the selected accounts for the future period of the predetermined time period,

wherein displaying the multi-segmented graphical display further comprises aligning the first and second segments such that the segment visually illustrating the greater income value of the two segments extends beyond the other segment for a distance proportional to the difference between the actual income outflow value from the selected accounts and the actual income inflow value into the selected accounts, and

wherein displaying the multi-segmented graphical display further comprises aligning the second and third segments wherein the second and third segments combine and extend for a distance proportional to the sum of the actual income inflow value into the selected accounts and the estimated future income value for the selected accounts for the future period.