Patent ID: 6018722
Filing Date: 2000-01-25
Classification: G06Q

Abstract:
A computer implemented interactive investment management expert system comprising:hub computer processing means for providing economic environment data and for updating data concerning a plurality of securities to reflect their current market value;base station processing means including:means for generating an individualized asset allocation model for an individualized portfolio for an individual account holder from responses to a questionnaire,means for correlating a risk ranking to the responses to the questionnaire and assigning the risk ranking to the individualized portfolio,means for evaluating suitability of account holdings for the individualized portfolio with respect to changes in the market value of the plurality of securities, a current value of the portfolio holdings, and the identified economic environment data,means for generating and storing at least one of a buy recommendation and a sell recommendation of specific ones of the securities for the individualized portfolio based on the evaluation,means for the individual account holder to select a specified broker, andmeans for coupling the base station processing means to a plurality of brokers including the specified broker, andremote access means for accessing the base station processing means, for reviewing any buy recommendation and sell recommendation for the individualized account, and for transmitting one of a respective purchase request and a respective sale request to the base station processing means,wherein the base station processing means further comprises means for transmitting one of the respective purchase request and the respective sale request to the specified broker.