Patent ID: 7870051
Filing Date: 2011-01-11
Classification: G06Q

Abstract:
1. A computer-implemented method of constructing a portfolio of investment assets that are held for a customer in a customer account, the method comprising: retrieving by one or more computer systems one or more target allocation ranges, each target allocation range including an upper limit value and a lower limit value for a type of investment asset to include in the portfolio; receiving a list of investment assets available for inclusion in the portfolio; selecting by one or more computer systems investment assets from the list of investment assets based on a measure of the risk-adjusted excess return of selected investment assets and the retrieved target allocation ranges; adding the selected investment assets to the portfolio of investment assets; determining by the one or more computer systems an asset allocation value for a first type of investment asset in the portfolio; comparing by the one or more computer systems the asset allocation value for the first type of investment asset to an upper limit value and a lower limit value of the target allocation range for the first type of investment asset; and determining based on the comparison that the asset allocation value for the first type of investment asset is outside the target allocation range for the first type of investment asset.