Patent ID: 7120600

Claim:
A system for providing a discretionary asset allocation program for at least one investor, the discretionary asset allocation program provided by (i) at least one conflicted person who receives variable fees or profits for providing services related to the discretionary asset allocation program, or (ii) the at least one conflicted person in concert with at least one person who is substantially independent of the at least one conflicted person, said system comprising: at least one discretionary asset allocation program for the at least one investor; data storage means for storing data for the at least one investor; means, operatively connected to the data storage means, for automatically implementing discretionary investment allocation decisions utilizing the discretionary asset allocation program, wherein the discretionary investment allocation decisions are automatically implemented using process that reduces or eliminates the at least one conflicted person's ability to self deal, and wherein the discretionary investment allocation decisions are implemented, developed, or maintained by the at least one substantiallay independent person; a computer having a program, operatively connected to said means for automatically implementing discretionary investment allocation decisions, to implement the discretionary investment allocation decisions implemented, developed, or maintained by the at least one substantially independent person; and means, operatively connected to said means for automatically implementing discretionary investment allocation decisions, for eliminating or at least ameliorating possible economic conflict of interest by separating or appropriately combining, the determination of how much to save and how to allocate investment assets from other fee generating functions.