Apparatus, methods, system and framework for discovering, copying and curating investment portfolios

US10417710B2 · kind B2 · utility

Assignee

• The Trustees of the Stevens Institute of Technology · US

Inventors

• Dylan Praul · Hoboken, US
• Mukundan Iyengar · Jersey City, US
• Marc Howard Fields · Kingwood, US
• Jimmy Dominkewicz · New York, US

Key dates

• Filing date: Jan 26, 2017
• Grant date: Sep 17, 2019
• Expiry date: Mar 19, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The present disclosure relates to a system, apparatus and method through which novice or new investors can begin to invest by using the knowledge shared by seasoned investors, who are incentivized to do so by commissions based on their success. The system follows users through each point in a social investment process, and directs users in novel ways to execute a purchase faster. A user discovers other user portfolios through recommendations made using multi-stage collaborative portfolio filtering. From there, processes are defined for following and “mimicking” a portfolio to display the contents thereof, create personal copies of the portfolio or its strategies, and subscribe to periodic or timely updates on the portfolio. Through this system and processes, investment portfolios are curated, and metrics are created to rank user success and further refine recommendations.