Patent ID: 8660873

Claim:
A computerized method for determining a succession planning track for a registered investment advisor, the method comprising: generating, at a server computing device, a plurality of statements associated with business and personal goals and transmitting the statements to a remote computing device, wherein each statement is associated with one or more succession planning tracks; determining, by the server computing device, one or more preliminary succession planning tracks based on selected statements received from the remote computing device; generating, by the server computing device, a set of business and personal value statements associated with the preliminary succession planning tracks and transmitting the set of business and personal value statements to the remote computing device; determining, by the server computing device, a final succession planning track based on a priority ranking for at least one of the business and personal value statements, the priority ranking received from the remote computing device; and generating, by the server computing device, a succession action plan corresponding to the final succession planning track and transmitting the succession action plan to the remote computing device.