Patent ID: 7890405

Claim:
A computer implemented method for enabling a financial services client and financial service provider participants to collaborate as a team, the method executed by one or more processors configured to perform the following operations: receiving, from a financial services client, a request to define a collaboration team comprising a first financial service provider participant and a second financial service provider participant that are financial advisers for the financial services client, and to provide a first scope of authorization and a second scope of authorization for the first and second financial service provider participants, respectively, to access data and documents of the financial services client; providing a common electronic forum for storing the financial services client data and documents associated with the financial services client and making the financial services client data selectively accessible to authorized ones of the financial service provider participants such that the common electronic forum enables the financial service provider participants (i) to access at least a portion of the stored financial services client data and documents according to the financial service provider participant's scope of authorization, and (ii) to modify one or more accessed documents via the common online forum, such that the one or more modified documents are accessible to the financial services client and authorized ones of the financial service provider participants through the common electronic forum; and (iii) to store the one or more modify documents; and receiving, from the financial services client, a request to access the information provided by the financial service provider participants through the common electronic forum.