Patent ID: 7171382
Filing Date: 2007-01-30
Classification: G06Q

Abstract:
1. A method of enabling a minor to effect an investment transaction via the Internet with the authorization of an adult, comprising the following steps: a. enabling the adult to set up a custodial account for the minor with an on-line brokerage firm; b. enabling the adult to put money into the custodial account that can be accessed by the minor through an online web site; c. enabling the minor to research a target investment; d. generating questions about the target investment for the minor to answer on the online web site; e. determining if the minor has answered correctly at least a predetermined percentage of the questions; f. enabling the minor to place an investment choice on a wish-list located on the online web site if the minor has answered correctly at least the predetermined percentage of questions about the target investment; g. notifying the adult of the placement of the investment choice on the minor's wish-list; and h. enabling the adult to fulfill an investment purchase wish on behalf of the minor by purchasing the target investment online through the web site.