Financial goal planning and analysis system

US7813989B2 · kind B2 · utility

Assignee

• Financial Engines, Inc. · US

Inventors

• Christopher L. Jones · Foster City, US
• William F. Sharpe · Roseville, US
• Jason S. Scott · Menlo Park, US
• John G. Watson · Menlo Park, US
• Jeff N. Maggioncalda · Menlo Park, US
• Geert Bekaert · Menlo Park, US
• Steven R. Grenadler · Los Altos, US
• Ronald T. Park · Menlo Park, US

Key dates

• Filing date: Oct 28, 2008
• Grant date: Oct 12, 2010
• Expiry date: Nov 30, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/08
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A financial advisory system is described that facilitates planning regarding financial goals, such as retirement. According to one embodiment, a method of forecasting a future value of a financial product holding is provided. Exposure analysis is performed on a financial product in which an investor holds an interest to determine how the financial product behaves relative to a set of asset classes. A forecast is generated for the financial product holding at a configurable time horizon based on forward-looking scenarios of one or more asset classes of the set of asset classes. Based on the forecast, information is directly or indirectly caused to be presented regarding a projected value of the financial product holding at the configurable time horizon.