Pool-based system for organizing and measuring personalized financial management techniques

Abstract

A system and method for a money pools system is presented. The money pools system includes a plurality of financial positions that are allocated to a plurality of pools. A category may be used to contain a grouping of pools. Multiple categories allow a user to view aggregated financial positions that are common to the multiple categories. New pools and categories may be created by a user, a financial institution, and/or a third party. Pool systems may also incorporate pool templates to facilitate the creation of pools. Pool templates may also be shared over a network of interconnected money pool systems.

1 . A computer-implemented method for allocating money pools comprising the steps of:
 storing, on computer readable storage media, a plurality of financial account positions, wherein each of the plurality of financial account positions represents a position held in a corresponding account so that the plurality of financial account positions is held in one or more accounts;   allocating, via a computerized director implemented on at least one computing device, a first portion of the plurality of financial account positions to a first money pool located within a first plurality of money pools associated with the first category, said first money pool communicated electronically, via a network, to at least one electronic data base;   allocating, via the computerized director, a second portion of the plurality of financial account positions to a second money pool located within a second plurality of money pools associated with a second category, said second money pool communicated electronically, via the network, to the at least one electronic data base, wherein the second portion shares at least one financial account position with the first portion;   communicating a graphic representation of the first and second money pools, via the network, to at least a second computing device for visible display on a display device operatively connected to the at least second computing device.   
     
     
         2 . The method of  claim 1 , further comprising the steps of:
 creating a third money pool, via the computerized director, that includes at least two money pools from the first plurality of money pools, wherein the third money pool includes the first money pool, and wherein each money pool within the third money pool shares a third pool reason, said third money pool communicated electronically, via the network, to the at least one electronic data base; and
 creating a fourth money pool, via the computerized director, that includes at least two pools from the second plurality of pools, wherein the fourth money pool includes the second pool, and wherein each pool within the fourth money pool share a fourth pool reason. 
   
     
     
         3 . The method of  claim 1 , further comprising the steps of:
 creating a third money pool, via the computerized director, that includes a second portion of the plurality of financial account positions, wherein the third money pool is a second category.   
     
     
         4 . The method of  claim 1 , wherein the first plurality of financial account positions includes up to 100% of the at least one financial account position and including at least a thousand financial account positions owned by multiple users. 
     
     
         5 . The method of  claim 1 , wherein the pool performance data is a type of analysis selected from the group consisting of a rate of return, a risk score, an income, a gain, and a loss. 
     
     
         6 . The method of  claim 5 , wherein providing pool performance data comprises the steps of:
 storing an initial pool analysis corresponding to a first time; and   determining a relative pool analysis corresponding to a second time.   
     
     
         7 . The method of  claim 6 , wherein each of the plurality of financial account positions includes an asset pool of financial instruments selected from the group consisting of a stock, a bond, a mutual fund, an option position, cash, collectables, and real estate holdings. 
     
     
         8 . The method of  claim 1 , wherein the first category is selected from the group consisting of a tactic/strategy type, a tax status type, a person/entity type, a purpose/goal type, and a liability. 
     
     
         9 . The method of  claim 1 , wherein the first category is associated with a tactic/strategy, and wherein the first pool has a first pool reason that is selected from the group consisting of (a) financial account positions based on the recommendation of a financial advisor, (b) financial account positions based on the recommendation of a publication, and (c) financial account positions based on an financial instrument rating system. 
     
     
         10 . The method of  claim 1 , wherein the first category is associated with a tax status, and wherein the first pool has a first pool reason that is selected from the group consisting of (a) a non-taxable status, (b) a taxable status, and (c) a tax-deferred status. 
     
     
         11 . The method of  claim 1 , wherein the first category is associated with a person/entity, and wherein the first pool has a first pool reason that is selected from the group consisting of (a) a family member, (b) a child, (c) a business, and (d) a household. 
     
     
         12 . The method of  claim 1 , wherein the first category is associated with a purpose/goal, and wherein the first pool has a first pool reason that is selected from the group consisting of (a) targeted for a college expenditure; (b) targeted for a wedding expenditure; (c) targeted for retirement; (d) targeted for a real estate purchase; and (e) targeted for a motor vehicle purchase. 
     
     
         13 . The method of  claim 1 , wherein the first category is associated with a liability, and wherein the first pool has a first pool reason that is selected from the group consisting of (a) a loan, (b) an interest payment, and (c) a financial loss. 
     
     
         14 . The method of  claim 1 , further comprising:
 creating a fourth money pool, via the computerized director, that includes at least two pools from the first plurality of pools, wherein the fourth money pool includes the third pool, and wherein each pool within the fourth money pool share a fourth pool reason.   
     
     
         15 . The method of  claim 1 , further comprising creating an aspect that allows a user to view at least one pool selected from the first plurality of pools with respect to at least one pool selected from the second plurality of pools via aggregated financial account positions that are common to the first and second plurality of pools. 
     
     
         16 . A non-transitory computer readable storage medium comprising computer code that when executed by a processor performs a method for allocating money pools comprising:
 storing a plurality of financial account positions, including at least a thousand financial account positions wherein each of the plurality of financial account positions is held in a corresponding account so that the plurality of financial account positions is held in one or more accounts;   allocating, via a server a first portion of the plurality of financial account positions to a first money pool located within a first plurality of money pools associated with a first category, wherein the first portion constitutes a grouping of financial account positions that share a first pool reason, said first money pool communicated electronically, via a network, to at least one electronic data base;   allocating, via the server a second portion of the plurality of financial account positions to a second money pool located within a second plurality of money pools associated with a second category, wherein the second portion constitutes a grouping of financial account positions that share a second pool reason, said second money pool communicated electronically, via the network, to at least one electronic data base;   creating, via the server a third money pool that includes at least the first money pool and a third portion of the plurality of financial account positions, wherein the third portion of financial account positions are located in the first category and not located in the first money pool, and wherein all of the financial account positions located in the third money pool share a third pool reason, said third money pool communicated electronically, via the network, to the at least one electronic data base; and   deriving, via the server at least one of the first money pool, the third money pool, and the first category from a money pool template.   
     
     
         17 . The computer readable storage medium of  claim 16 , further comprising:
 deriving the first category and the second category from the money pool template.   
     
     
         18 . The computer readable storage medium of  claim 16 , further comprising:
 deriving the first, second, and third money pools from the money pool template.   
     
     
         19 . A computer-implemented method for allocating money pools comprising:
 storing, on computer readable media, a plurality of financial account positions including at least a thousand financial account positions;   allocating, via a director implemented on at least one computing device, a first portion of the plurality of financial account positions to a first money pool located within a first plurality of money pools associated with a first category;   allocating, via the director, a second portion of the plurality of financial account positions to a second money pool located within a second plurality of money pools associated with a second category, and wherein the second portion shares at least one financial account position with the first portion; and   sharing at least one of the first and second money pools with a money pool system network, wherein the at least one of the first and second money pools and the at least one computing device correspond to a first local money pool system, wherein the money pool system network includes a plurality of networked local money pool systems.   
     
     
         20 . The method of  claim 19 , further comprising: creating a copy of the first money pool as a first money pool template; and
 distributing the copy of the first money pool template to a second local pool system on the pool system network.