Patent ID: 8706579

Claim:
An interactive account management system operated on behalf of multiple account holders, accessible on a hand-held wireless device, the system comprising: a hand-held wireless device having a user interface including an input device; a database for storing financial network information associated with an account holder, the database being accessible by the hand-held wireless device and addressable over a network; an application executed by a processor associated with the hand-held wireless device and configured to implement the following components: a financial networking engine for defining a financial network for the account holder, the financial network comprising one or more financial accounts and two or more members including the account holder and at least one co-account holder, and for identifying the financial accounts and members of the financial network based on stored account information and/or user input, wherein at least two members of the financial network share access to at least one financial account in the financial network; interactive processing components for processing information to provide interaction between the members of the financial network defined by the financial networking engine, wherein the interaction includes providing financial guidance to the account holder relating to at least one account option; and user interface presentation tools for displaying interaction interfaces, accepting input from the financial network members and correspondingly displaying the at least one account option to the account holder on the user interface, the at least one option being based at least in part on the financial guidance as determined by the interactive processing components.