Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2009-02-17
2011-12-27
Weisberger, Richard C (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
08086514
ABSTRACT:
A computer based portfolio manager system enables a user to create and manage a portfolio of investments. Users can create multiple sub-portfolios, termed folios, within their overall investment portfolio. Each of these folios can be created by the user or selected from multiple preset folios. One of the possible preset folios includes a manager's recommended folio. This folio is regularly updated, thereby indicating buy and sell recommendations of the manager. A user can balance his or her folio in accordance with the manager's revisions by investing additional capital in some securities and selling others. To prevent undesirable tax effects, a user can move securities from the manager's folio to a holding folio established by the user rather than selling the securities. This enables a user to maintain a folio in the proportions recommended by the manager. The system also enables the folio to be continually rebalanced, while avoiding undesirable tax effects.
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Build Your Portfolio but Avoid Large Fees Through Foliofn, Investors Can Buy 150 Stocks and the Tab Only Comes to $295 a Year. Miliam Hill, Philadelphia Inquirer. Orlando Sentinel. Orlando, Fla.: Sep. 3, 2000. p. H.1.
Constantinides, George M. Journal of financial and Quantitative Analysis, vol. 14, Issue 2 (Jun. 1979), p. 443-450.
FOLIOfn, Inc.
Fortkort Michael P.
Michael P. Fortkort PC
Weisberger Richard C
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