Patents by Inventor Michael John Fredericks

Michael John Fredericks 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).

  • PORTFOLIO DECUMULATION AND RISK MANAGEMENT
    Publication number: 20230080091
    Abstract: A decumulation management system provides guidance for decumulation of a portfolio over a decumulation period of time. A spending amount is withdrawn from the portfolio during the decumulation period of time. The decumulation management system determines the probability of successfully withdrawing the spending amount during the remaining decumulation period and establishes thresholds for adjusting the spending amount and a risk profile of the portfolio based on the performance of the portfolio during the decumulation. When the portfolio value decreases below the thresholds, the spending amount may be reduced, and when the portfolio value exceeds the thresholds, the spending amount may be increased and the risk profile of the portfolio is decreased. The decumulation management system may provide recommendations based on these thresholds, or may automatically manage withdrawals of the spending amount and investments to match the risk profile.
    Type: Application
    Filed: September 7, 2022
    Publication date: March 16, 2023
    Inventors: Sunder Rajan Ramkumar, Michael John Fredericks, Michael Olegovich Pensky
  • Portfolio decumulation and risk management
    Patent number: 11468513
    Abstract: A decumulation management system provides guidance for decumulation of a portfolio over a decumulation period of time. A spending amount is withdrawn from the portfolio during the decumulation period of time. The decumulation management system determines the probability of successfully withdrawing the spending amount during the remaining decumulation period and establishes thresholds for adjusting the spending amount and a risk profile of the portfolio based on the performance of the portfolio during the decumulation. When the portfolio value decreases below the thresholds, the spending amount may be reduced, and when the portfolio value exceeds the thresholds, the spending amount may be increased and the risk profile of the portfolio is decreased. The decumulation management system may provide recommendations based on these thresholds, or may automatically manage withdrawals of the spending amount and investments to match the risk profile.
    Type: Grant
    Filed: February 14, 2014
    Date of Patent: October 11, 2022
    Assignee: BLACKROCK FINANCIAL MANAGEMENT, INC.
    Inventors: Sunder Rajan Ramkumar, Michael John Fredericks, Michael Olegovich Pensky
  • Portfolio Decumulation And Risk Management
    Publication number: 20140229403
    Abstract: A decumulation management system provides guidance for decumulation of a portfolio over a decumulation period of time. A spending amount is withdrawn from the portfolio during the decumulation period of time. The decumulation management system determines the probability of successfully withdrawing the spending amount during the remaining decumulation period and establishes thresholds for adjusting the spending amount and a risk profile of the portfolio based on the performance of the portfolio during the decumulation. When the portfolio value decreases below the thresholds, the spending amount may be reduced, and when the portfolio value exceeds the thresholds, the spending amount may be increased and the risk profile of the portfolio is decreased. The decumulation management system may provide recommendations based on these thresholds, or may automatically manage withdrawals of the spending amount and investments to match the risk profile.
    Type: Application
    Filed: February 14, 2014
    Publication date: August 14, 2014
    Applicant: Blackrock Inc.
    Inventors: Sunder Rajan Ramkumar, Michael John Fredericks, Michael Olegovich Pensky