Patents by Inventor Michael Albert Guido

Michael Albert Guido 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 providing a financial instrument with an asset transfer feature
    Patent number: 11295387
    Abstract: One embodiment of the invention is a method for providing a financial instrument that includes determining an initial account balance associated with a financial instrument, establishing a first guarantee of a protected value, the protected value including at least an amount based upon the initial account balance growing at a minimum positive growth rate, establishing a second guarantee that a beneficiary may receive a transfer of an amount of money, and establishing an agreement to allow at least a portion of the account balance to be transferred from one or more selected investments to one or more alternative investments in response to a triggering event.
    Type: Grant
    Filed: February 6, 2007
    Date of Patent: April 5, 2022
    Assignee: THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, Jr., John L. Grucza, Michael Albert Guido, J. Scott Dunn
  • System and method for providing a financial instrument with a periodic step-up feature
    Patent number: 8396774
    Abstract: One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account and on a first periodic basis: determining a specified percentage of the value of the financial account, determine the greater of a particular limit and the highest value of the financial account multiplied by the specified percentage on a second periodic basis, and in response to a determination that the highest value of the financial account multiplied by the specified percentage on the second periodic basis is greater than the particular limit, stepping-up the particular limit to equal the highest value of the financial account multiplied by the specified percentage on the second periodic basis.
    Type: Grant
    Filed: February 6, 2007
    Date of Patent: March 12, 2013
    Assignee: The Prudential Insurance Company of America
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, Jr., John L. Grucza, Michael Albert Guido, J. Scott Dunn
  • System and Method for Providing a Financial Instrument Utilizing a Liability Ratio
    Publication number: 20110145169
    Abstract: One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account, calculating a liability ratio for the financial account, and determining whether to transfer at least a portion of the account balance from a variable sub-account to a low-risk sub-account based on the liability ratio.
    Type: Application
    Filed: February 17, 2011
    Publication date: June 16, 2011
    Applicant: The Prudential Insurance Company of America
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, JR., John L. Grucza, Michael Albert Guido, J. Scott Dunn
  • System and method for providing a financial instrument utilizing a liability ratio
    Patent number: 7895109
    Abstract: One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account, calculating a liability ratio for the financial account, and determining whether to transfer at least a portion of the account balance from a variable sub-account to a low-risk sub-account based on the liability ratio.
    Type: Grant
    Filed: February 6, 2007
    Date of Patent: February 22, 2011
    Assignee: The Prudential Insurance Company of America
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, Jr., John L. Grucza, Michael Albert Guido, J. Scott Dunn
  • System and Method for Providing a Financial Instrument with an Asset Transfer Feature
    Publication number: 20080189218
    Abstract: One embodiment of the invention is a method for providing a financial instrument that includes determining an initial account balance associated with a financial instrument, establishing a first guarantee of a protected value, the protected value including at least an amount based upon the initial account balance growing at a minimum positive growth rate, establishing a second guarantee that a beneficiary may receive a transfer of an amount of money, and establishing an agreement to allow at least a portion of the account balance to be transferred from one or more selected investments to one or more alternative investments in response to a triggering event.
    Type: Application
    Filed: February 6, 2007
    Publication date: August 7, 2008
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, John L. Grucza, Michael Albert Guido, J. Scott Dunn
  • SYSTEM AND METHOD FOR PROVIDING A FINANCIAL INSTRUMENT WITH A PERIODIC STEP-UP FEATURE
    Publication number: 20080189220
    Abstract: One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account and on a first periodic basis: determining a specified percentage of the value of the financial account, determine the greater of a particular limit and the highest value of the financial account multiplied by the specified percentage on a second periodic basis, and in response to a determination that the highest value of the financial account multiplied by the specified percentage on the second periodic basis is greater than the particular limit, stepping-up the particular limit to equal the highest value of the financial account multiplied by the specified percentage on the second periodic basis.
    Type: Application
    Filed: February 6, 2007
    Publication date: August 7, 2008
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, John L. Grucza, Michael Albert Guido, J. Scott Dunn
  • System and Method for Providing a Financial Instrument Utilizing a Liability Ratio
    Publication number: 20080189219
    Abstract: One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account, calculating a liability ratio for the financial account, and determining whether to transfer at least a portion of the account balance from a variable sub-account to a low-risk sub-account based on the liability ratio.
    Type: Application
    Filed: February 6, 2007
    Publication date: August 7, 2008
    Inventors: Jacob M. Herschler, Daniel O. Kane, N. David Kuperstock, Robert Francis O'Donnell, Steven Lee Putterman, Dain Eric Runestad, Robert J. Schwartz, Nicholas Berardis, John L. Grucza, Michael Albert Guido, J. Scott Dunn