Patents by Inventor Charles D. Welling

Charles D. Welling 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).

  • System and method for referral fee processing in accounts managed by financial advisors
    Patent number: 8019669
    Abstract: A method and apparatus which provides for a referral program where a financial institution, such as a broker dealer, can refer customers to an independent financial advisor, under an on-going referral fee sharing agreement. The on-going referral fee sharing agreement provides that the financial advisor will pay the referring financial institution an on-going referral fee based on the asset management fee that the advisor charges. These referral fees are processed automatically and the transfers are done electronically, allowing the referral program to be implemented efficiently and effectively.
    Type: Grant
    Filed: April 16, 2010
    Date of Patent: September 13, 2011
    Assignee: Charles Schwab & Co., Inc.
    Inventors: Joshua Rymer, Gerald Graves, Deborah D. McWhinney, Andrew Salesky, Charles D. Welling, Steven Hirsch
  • System and method for referral fee processing in accounts managed by financial advisors
    Patent number: 7747497
    Abstract: A method and apparatus which provides for a referral program where a financial institution, such as a broker dealer, can refer customers to an independent financial advisor, under an on-going referral fee sharing agreement. The on-going referral fee sharing agreement provides that the financial advisor will pay the referring financial institution an on-going referral fee based on the asset management fee that the advisor charges. These referral fees are processed automatically and the transfers are done electronically, allowing the referral program to be implemented efficiently and effectively.
    Type: Grant
    Filed: December 19, 2008
    Date of Patent: June 29, 2010
    Assignee: Charles Schwab & Co., Inc.
    Inventors: Joshua Rymer, Gerald Graves, Deborah D. McWhinney, Andrew Salesky, Charles D. Welling, Steven Hirsch
  • System and method for referral fee processing in accounts managed by financial advisors
    Patent number: 7483847
    Abstract: A method and apparatus which provides for a referral program where a financial institution, such as a broker dealer, can refer customers to an independent financial advisor, under an on-going referral fee sharing agreement. The on-going referral fee sharing agreement provides that the financial advisor will pay the referring financial institution an on-going referral fee based on the asset management fee that the advisor charges. These referral fees are processed automatically and the transfers are done electronically, allowing the referral program to be implemented efficiently and effectively.
    Type: Grant
    Filed: April 12, 2002
    Date of Patent: January 27, 2009
    Assignee: Charles Schwab & Co., Inc.
    Inventors: Joshua Rymer, Gerald Graves, Deborah D. McWhinney, Andrew Salesky, Charles D. Welling, Steven Hirsch