Patents by Inventor Brian Boscaljon

Brian Boscaljon has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Asset allocation based on expected utility of time and wealth
    Patent number: 8239307
    Abstract: A method and system for providing financial advice to individuals that includes outputting a target asset allocation for an individual and a critical wealth, a retirement wealth, a utility function, or a combination thereof. The target asset allocation includes a target securities allocation and is computed using a function analyzing a trade-off between retirement time and retirement consumption of the individual. The method includes computing a critical wealth of the individual, a retirement wealth of the individual, and a wealth utility function of the individual. A determination of whether the individual is in a wealth maximizing phase or a critical wealth phase is made. The determination is based on whether the individual has a current wealth equal to or greater than the calculated critical wealth threshold. Having determined the relevant wealth phase, a target asset allocation for the current assets of the individual is computed.
    Type: Grant
    Filed: July 1, 2009
    Date of Patent: August 7, 2012
    Assignee: The Penn State Research Foundation
    Inventor: Brian Boscaljon
  • ASSET ALLOCATION BASED ON EXPECTED UTILITY OF TIME AND WEALTH
    Publication number: 20100017342
    Abstract: A method and system for providing financial advice to individuals that includes outputting a target asset allocation for an individual and a critical wealth, a retirement wealth, a utility function, or a combination thereof. The target asset allocation includes a target securities allocation and is computed using a function analyzing a trade-off between retirement time and retirement consumption of the individual. The method includes computing a critical wealth of the individual, a retirement wealth of the individual, and a wealth utility function of the individual. A determination of whether the individual is in a wealth maximizing phase or a critical wealth phase is made. The determination is based on whether the individual has a current wealth equal to or greater than the calculated critical wealth threshold. Having determined the relevant wealth phase, a target asset allocation for the current assets of the individual is computed.
    Type: Application
    Filed: July 1, 2009
    Publication date: January 21, 2010
    Applicant: THE PENN STATE RESEARCH FOUNDATION
    Inventor: Brian BOSCALJON