06021397 is referenced by 793 patents and cites 51 patents.

A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.

Title
Financial advisory system
Application Number
8/982942
Publication Number
6021397
Application Date
December 2, 1997
Publication Date
February 1, 2000
Inventor
Ronald T Park
Menlo Park
CA, US
Steven R Grenadier
Los Altos
CA, US
Geert Bekaert
Menlo Park
CA, US
Jeff N Maggioncalda
Menlo Park
CA, US
John G Watson
Menlo Park
CA, US
Jason S Scott
Menlo Park
CA, US
William F Sharpe
Los Altos
CA, US
Christopher L Jones
Foster City
CA, US
Agent
Blakely Sokoloff Taylor & Zafman
Assignee
Financial Engines
CA, US
IPC
G06F 19/00
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