System and Method for Providing Financial services to High Net Worth Individuals

Abstract

A system and method for providing financial and other services to high net worth individuals is described. A significant feature is the method for selecting and managing a comprehensive set of service providers for optimal efficiency and effectiveness. The associated system provides a depository for client data, and enhances communication between client, client data, and service providers.

1 . A method for providing services, comprising:
 (a) collecting information from a client;   (b) assessing the client's needs; and   (c) fulfilling the client's needs according to criteria generated during step (b) of assessing, by optimally selecting and providing services from a modifiable group of service providers.   
   
   
       2 . The method of  claim 1 , wherein the step (a) of collecting is performed by a dedicated client services team. 
   
   
       3 . The method of  claim 1 , wherein the step (b) of assessing is performed by a dedicated client services team. 
   
   
       4 . The method of  claim 1 , wherein the step (c) of fulfilling comprises maintaining custody over documents and data. 
   
   
       5 . The method of  claim 1 , wherein the step (c) of fulfilling comprises filing of financial or other reports as required by law or by other considerations. 
   
   
       6 . The method of  claim 5 , wherein the reports comprise filings related to multiple assets. 
   
   
       7 . The method of  claim 5 , Wherein the, reports comprise; filings related to multiple institutions. 
   
   
       8 . The method of  claim 1 , wherein the step (c) of fulfilling comprises rendering of tax advice and filing of federal, state, and local tax statements, as appropriate. 
   
   
       9 . The method of  claim 1 , wherein the step (c) of fulfilling comprises estate planning and related transactions. 
   
   
       10 . The method of  claim 1 , wherein the step (c) of fulfilling comprises general or specialized legal services. 
   
   
       11 . The method of  claim 1 , wherein the step (c) of fulfilling comprises accounting services. 
   
   
       12 . The method of  claim 1 , wherein the step (c) of fulfilling comprises bookkeeping services. 
   
   
       13 . The method of  claim 1 , wherein the step (c) of fulfilling comprises record keeping. 
   
   
       14 . The method of  claim 1 , wherein the step (c) of fulfilling comprises selection of financial investments. 
   
   
       15 . The method of  claim 1 , wherein the step (c) of fulfilling comprises managing financial assets within a portfolio. 
   
   
       16 . The method of  claim 1 , wherein the step (c) of fulfilling comprised management and other services related closely held stock. 
   
   
       17 . The method of  claim 1 , wherein the seep (c) of fulfilling comprises services related to international trusts. 
   
   
       18 . The method of  claim 1 , wherein the step (c) of fulfilling comprises real estate services. 
   
   
       19 . The method of  claim 1 , wherein the step (c) of fulfilling comprises public relations or other crisis management services. 
   
   
       20 . The method of  claim 1 , wherein the step (c) of fulfilling; comprises selection and delivery of insurance services. 
   
   
       21 . The method of  claim 1 , wherein the step (c) pf fulfilling comprises services related to the selection and delivery of physical, personal, and information security. 
   
   
       22 . The method of  claim 1 , wherein the step (c) of fulfilling comprises assistance with the lease, purchase, or fractional ownership of automobiles, planes, of yachts. 
   
   
       23 . The method of  claim 1 , wherein the step (c) of fulfilling comprises personal concierge services. 
   
   
       24 . The method of  claim 1 , wherein the step: (c) of fulfilling comprises bill paving services. 
   
   
       25 . The method of  claim 1 , wherein the step (c) of fulfilling comprises coordination and direction of charitable activities. 
   
   
       26 . The method of  claim 1 , wherein the step (c) of fulfilling comprises the performance of background checks on personal staff or other parties.; 
   
   
       27 . The method of  claim 1 , wherein the step (c) of fulfilling comprises the offering of investment not available to -non-clients. 
   
   
       28 . The method of  claim 1 , wherein the step (c) of fulfilling comprises the development and execution of debt reduction strategies. 
   
   
       29 . The method of  claim 1 , wherein the step (c) of fulfilling comprises advice, and other services, related to the development and maintenance of educational funds. 
   
   
       30 . The method of  claim 1 , wherein the step (c) of fulfilling comprises advice, and other services, related to the care of infants, invalids, the elderly, of other persons. 
   
   
       31 . The method of  claim 1 , wherein the step (c) of fulfilling comprises a core services provider group. 
   
   
       32 . The method of  claim 1 , wherein the step (c) of fulfilling comprises business succession planning. 
   
   
       33 . The method of  claim 1 , wherein the step (c) of fulfilling comprises issuance of loans, traveler's checks, foreign currency, credit, or other banking services. 
   
   
       34 . The method of  claim 1 , wherein the step (c) of fulfilling comprises an affiliated network of service providers. 
   
   
       35 . The method of  claim 1 , wherein the step (c) of fulfilling comprises a group of non-affiliated service providers. 
   
   
       36 . The method of  claim 1 , wherein a core service provider group is one of several pre-established groups of service providers. 
   
   
       37 . The method of  claim 1 , wherein an affiliated network of service providers is one of several pre-established groups of service providers. 
   
   
       38 . The method of  claim 1 , wherein non-affiliated service providers are one of several pre-established groups of service providers. 
   
   
       39 . A system for providing services, comprising :
 a depository of client information;   means for obtaining access to the client information;   means for coordinating services amongst all related service providers;   means for communicating between and amongst service providers and the client; and   means for performing analysis related to selectable objectives.   
   
   
       40 . The system of  claim 39 , wherein the depository comprises an electronic database, 
   
   
       41 . The system of  claim 39 , wherein the depository comprises an electronic spreadsheet. 
   
   
       42 . The system of  claim 39 , wherein the depository Comprises electronic documents. 
   
   
       43 . The system of  claim 39 , wherein the means for obtaining comprises a computer server. 
   
   
       44 . The system of  claim 39 , wherein the means for obtaining apparatus comprises a communications link. 
   
   
       45 . The system Of  claim 39 , wherein the means for obtaining apparatus comprises a client  5  computer. 
   
   
       46 . The system of  claim 39 , wherein the means for obtaining apparatus comprises network enabled code. 
   
   
       47 . The system of  claim 39 , wherein the means for coordinating apparatus comprises a computer server. 
   
   
       48 . The system of  claim 39 , wherein the means for coordinating apparatus comprises a communications link. 
   
   
       49 . The system of  claim 39 , wherein the means for coordinating apparatus comprises a client computer. 
   
   
       50 . The system of  claim 39 , wherein the means for coordinating apparatus comprises network enabled code. 
   
   
       51 . The system of  claim 39 , wherein the means for communicating apparatus comprises a computer server. 
   
   
       52 . The system of  claim 39 , wherein the means for communicating apparatus comprises a communications link. 
   
   
       53 . The system of  claim 39 , wherein the means for communicating apparatus comprises a client computer. 
   
   
       54 . The system of  claim 39 , wherein the means for communicating apparatus comprises network enabled code. 
   
   
       55 . The system of  claim 39 , wherein the means for analysis comprises a tool for mining data. 
   
   
       56 . The system of  claim 39  wherein the means for analysis comprises a synthetic logic tool. 
   
   
       57 . The system of  claim 56 , wherein the synthetic logic tool converts data into useful information related to established objectives.