Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-12-11
2009-06-23
Kazimi, Hani (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S037000, C705S035000
Reexamination Certificate
active
07552079
ABSTRACT:
An apparatus automates and executes investment planning for a client. The apparatus includes a processor and a trade execution computer. The processor receives data regarding the client's current asset portfolio, including the taxable status of each asset, the client's desired asset allocation, and the client's preferred domain. The processor is configured to use the data to automatically generate financial transaction recommendations for modifying the client's current asset portfolio to reach as close as possible to the desired asset allocation and the preferred domain. The recommendations include specific recommendations for selling amounts of selected current assets and specific recommendations for buying amounts of one or more investment funds. The trade execution computer is configured to sell amounts of selected current assets or buy amounts of one or more investment funds in accordance with the specific recommendations.
REFERENCES:
patent: 4334270 (1982-06-01), Towers
patent: 4674044 (1987-06-01), Kalmus et al.
patent: 4751640 (1988-06-01), Lucas et al.
patent: 5126936 (1992-06-01), Champion et al.
patent: 5132899 (1992-07-01), Fox
patent: 5388248 (1995-02-01), Robinson et al.
patent: 5418888 (1995-05-01), Alden
patent: 5644727 (1997-07-01), Atkins
patent: 5774881 (1998-06-01), Friend et al.
patent: 5799287 (1998-08-01), Dembo et al.
patent: 5812987 (1998-09-01), Luskin et al.
patent: 5819238 (1998-10-01), Fernholz
patent: 5819263 (1998-10-01), Bromley et al.
patent: 5852811 (1998-12-01), Atkins
patent: 5864828 (1999-01-01), Atkins
patent: 5884287 (1999-03-01), Edesess
patent: 5999918 (1999-12-01), Williams et al.
patent: 6018722 (2000-01-01), Ray et al.
patent: 6021397 (2000-02-01), Jones et al.
patent: 6161098 (2000-12-01), Wallman
patent: 6430541 (2002-08-01), Brown et al.
patent: 6430542 (2002-08-01), Moran
patent: 6601044 (2003-07-01), Wallman
patent: 2306713 (1997-07-01), None
patent: WO 99/05625 (1999-02-01), None
Ibbotson Portfolio Strategist™ product description, Ibbotson Associates, printout from website (www.ibbotson.com/Products/software/portfolio.sub.—strategist.asp), Feb. 26, 1999 printout date, 2 pages.
“Financial Planning for the Long Term.” Interview with R. W. Stevens, Principal, Vanguard Personal Financial Services, printout from website (www.vanguard.com/cgi-bin/NewsPrint/878914651) posted on Nov. 7, 1997, website hosted by Vanguard Marketing Corporation, Jan. 13, 1999 printout date, 4 pages.
“Portfolio Planning: Integrating Your 401(k) Into Your Investment Portfolio,” online publication of In the Vanguard, Summer 1997, printout from website (www.vanguard.com/educ
ewss . . . TV/1997Summer/Your401ksumm1997.html) hosted by Vanguard Marketing Corporation, Jan. 13, 1999 printout date, 2 pages.
Laderman, J.M. “First, Asset Allocation. Now, “Asset Placement””, Business Week Online: Your Money, , The McGraw-Hill Companies, Inc., Aug. 14, 1997, printout from website (www.businessweek.com/bwdaily/dnflash/august
f70814a.htm), Jan. 13, 1997 printout date, 2 pages.
Bove Steven A.
Gill Jeanne
Wileczek Ralph C.
Kazimi Hani
Panitch Schwarze Belisario & Nadel LLP
The Vanguard Group, Inc.
Vyas Abhishek
LandOfFree
Computer-implemented apparatus for automating and executing... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Computer-implemented apparatus for automating and executing..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Computer-implemented apparatus for automating and executing... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4064966