Patents by Inventor Douglas Dunning

Douglas Dunning 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).

  • Modelling of Risk Mitigation
    Publication number: 20190043136
    Abstract: The system includes automated methods for managing risk associated with investment products. A logic engine executes portfolio realignment and contract benefit calculations according to timing rules or event-based triggers. The investment product may provide a guaranteed withdrawal benefit option that allows for a variety of investment, payment, withdrawal, fee and termination options.
    Type: Application
    Filed: October 12, 2018
    Publication date: February 7, 2019
    Applicant: AMERIPRISE FINANCIAL, INC.
    Inventors: Lynn Abbott, Gumer Alvero, Daniel Brooks, Douglas Dunning, Kerry Kennedy, William Kocken, Tamara Pollock, Stephen Wolfrath
  • Financial Product Risk Mitigation System and Method
    Publication number: 20150339781
    Abstract: Automated methods for managing risk associated with investment products is disclosed. A logic engine executes portfolio realignment and contract benefit calculations according to timing rules or event-based triggers. The investment product may provide a guaranteed withdrawal benefit option that allows for a variety of investment, payment, withdrawal, fee and termination options.
    Type: Application
    Filed: August 4, 2015
    Publication date: November 26, 2015
    Applicant: AMERIPRISE FINANCIAL, INC.
    Inventors: Lynn Abbott, Gumer Alvero, Daniel Brooks, Douglas Dunning, Kerry Kennedy, William Kocken, Tamara Pollock, Stephen Wolfrath
  • Automatic income adjustment
    Patent number: 8352294
    Abstract: A method includes receiving market data associated with an investment product that specifies a first guaranteed annual withdrawal amount and a second guaranteed annual withdrawal amount, where the first guaranteed annual withdrawal amount is greater than the second guaranteed annual withdrawal amount. The method includes automatically selecting a guaranteed annual withdrawal amount from the first guaranteed annual withdrawal amount and the second guaranteed annual withdrawal amount based on at least an evaluation of the market data.
    Type: Grant
    Filed: August 9, 2010
    Date of Patent: January 8, 2013
    Assignee: Ameriprise Financial, Inc.
    Inventors: Stephen R. Wolfrath, Tamara L. Pollock, Gumer Cruz Alvero, Douglas Dunning, Sara Janz, Lynn Murphy Abbott, Joseph P. Heckel, Debra Miller Ekberg
  • AUTOMATIC INCOME ADJUSTMENT
    Publication number: 20120036087
    Abstract: A method includes receiving market data associated with an investment product that specifies a first guaranteed annual withdrawal amount and a second guaranteed annual withdrawal amount, where the first guaranteed annual withdrawal amount is greater than the second guaranteed annual withdrawal amount. The method includes automatically selecting a guaranteed annual withdrawal amount from the first guaranteed annual withdrawal amount and the second guaranteed annual withdrawal amount based on at least an evaluation of the market data.
    Type: Application
    Filed: August 9, 2010
    Publication date: February 9, 2012
    Applicant: Ameriprise Financial, Inc.
    Inventors: Stephen R. Wolfrath, Tamara L. Pollock, Gumer Cruz Alvero, Douglas Dunning, Sara Janz, Lynn Murphy Abbott, Joseph P. Heckel, Debra Miller Ekberg
  • FINANCIAL PRODUCT RISK MITIGATION SYSTEM AND METHOD
    Publication number: 20090150301
    Abstract: Automated methods for managing risk associated with investment products is disclosed. A logic engine executes portfolio realignment and contract benefit calculations according to timing rules or event-based triggers. The investment product may provide a guaranteed withdrawal benefit option that allows for a variety of investment, payment, withdrawal, fee and termination options.
    Type: Application
    Filed: December 7, 2008
    Publication date: June 11, 2009
    Applicant: AMERIPRISE FINANCIAL, INC.
    Inventors: Lynn Abbott, Gumer Alvero, Daniel Brooks, Douglas Dunning, Kerry Kennedy, William Kocken, Tamara Pollock, Stephen Wolfrath
  • SYSTEM AND METHOD FOR DETERMINING AND ADMINISTERING AN ANNUITY WITH GUARANTEED MINIMUM ACCUMULATION BENEFIT
    Publication number: 20060111997
    Abstract: A computer-implemented method of calculating a value of a benefit for an annuity contract including a minimum contract accumulation value provision is disclosed. The method includes determining a current minimum contract accumulation value, determining a current value of the annuity contract investments, determining a predetermined reset percentage contained in the annuity contract, calculating the product of the current value of the annuity contract investments and the reset percentage and a fifth step of resetting the minimum contract accumulation value to the greater of the minimum contract accumulation value or the product of the current value of the annuity contract investments and the reset percentage.
    Type: Application
    Filed: November 1, 2005
    Publication date: May 25, 2006
    Applicant: AMERIPRISE FINANCIAL, INC.
    Inventors: Lynn Abbott, Douglas Dunning, Joseph Heckel, D. Keith Pinkley, Alan Treece