Patents by Inventor Patricia Scarlato

Patricia Scarlato 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).

  • Patent number: 8498913
    Abstract: The present invention provides systems and methods for facilitating financial advising and planning for a user. The system includes a portfolio integration module that integrates goals, assets, savings, and risk tolerance to develop a customized strategy for financial portfolio planning. A portfolio reconciler module facilitates comparison of the customized strategy to other strategies and projected user financial decisions in order to further facilitate the financial portfolio planning. A stochastic modeling module uses data from the portfolio integration module and the portfolio reconciler module in a stochastic modeling analysis using a synchronous stationary bootstrap sampling method to construct a proposed situation portfolio. A simulator module forecasts the effects of the proposed situation portfolio on the user's portfolio, and monitoring, simulating, designing, and testing the portfolio integration module, the portfolio reconciler module, and the stochastic modeling module.
    Type: Grant
    Filed: May 3, 2004
    Date of Patent: July 30, 2013
    Assignee: Ameriprise Financial, Inc.
    Inventors: Jodi Jenson, Patricia Scarlato, Beth M. Vanney
  • Patent number: 8407125
    Abstract: The system facilitates portfolio advising and planning for a client. The system includes a portfolio integration module configured to receive and integrate data, wherein the data includes a client's goals, assets, savings and risk tolerance, wherein the portfolio integration module is further configures to compute a customized strategy based on the received data. The portfolio reconciler module is configured to compare a customized strategy to at least one of the other strategies, based on the received and integrated data in order to further facilitate the financial portfolio planning of the client, wherein the financial portfolio planning analyzes both planned hypothetical events and unplanned hypothetical events. The stochastic modeling module is configures to further analyze proposed situation portfolios based on future uncertainties, wherein future uncertainties include the unplanned hypothetical events. The simulation module is configured to compute the probability of meeting the client's goals.
    Type: Grant
    Filed: July 31, 2002
    Date of Patent: March 26, 2013
    Assignee: Ameriprise Financial, Inc.
    Inventors: Jodi Jenson, Mark Ledson, Patti P. Lipinski, William J. Moran, Linda Ostrem, Beth M. Vanney, Gabriella Brose, Patricia Scarlato
  • Patent number: 8306885
    Abstract: The present invention provides systems and methods for facilitating financial advising and planning for a user. The system includes a portfolio integration module that integrates goals, assets, savings, and risk tolerance to develop a customized strategy for financial portfolio planning. A portfolio reconciler module facilitates comparison of the customized strategy to other strategies and projected user financial decisions in order to further facilitate the financial portfolio planning. A stochastic modeling module uses data from the portfolio integration module and the portfolio reconciler module in a stochastic modeling analysis using a synchronous stationary bootstrap sampling method to construct a proposed situation portfolio. A simulator module forecasts the effects of the proposed situation portfolio on the user's portfolio, and monitoring, simulating, designing, and testing the portfolio integration module, the portfolio reconciler module, and the stochastic modeling module.
    Type: Grant
    Filed: May 3, 2004
    Date of Patent: November 6, 2012
    Assignee: Ameriprise Financial, Inc.
    Inventors: Gabriela Brose, Jodi Jenson, Patricia Scarlato, Beth M. Vanney
  • Publication number: 20050010510
    Abstract: The present invention provides systems and methods for facilitating financial advising and planning for a user using a portfolio reconciler module. In accordance with an exemplary embodiment of the present invention, the system includes a portfolio integration module for facilitating integration of a user's goals, assets, savings, and risk tolerance to facilitate analyzing and developing a customized strategy for financial portfolio planning of the user. A portfolio reconciler module in communication with the portfolio integration module facilitates comparison of the customized strategy to other strategies and projected user financial decisions in order to further facilitate the financial portfolio planning of the user.
    Type: Application
    Filed: May 3, 2004
    Publication date: January 13, 2005
    Inventors: Gabriela Brose, Mark Ledson, William Moran, Linda Ostrem, Patricia Scarlato, Beth Vanney
  • Publication number: 20050004855
    Abstract: The present invention provides systems and methods for facilitating financial advising and planning for a user using a simulator module. In accordance with an exemplary embodiment of the present invention, the system includes a portfolio integration module for facilitating integration of a user's goals, assets, savings, and risk tolerance to facilitate analyzing and developing a customized strategy for financial portfolio planning of the user. A portfolio reconciler module in communication with the portfolio integration module facilitates comparison of the customized strategy to other strategies and projected user financial decisions in order to farther facilitate the financial portfolio planning of the user.
    Type: Application
    Filed: May 3, 2004
    Publication date: January 6, 2005
    Inventors: Jodi Jenson, Patti Lipinski, Linda Ostrem, Patricia Scarlato, Beth Vanney
  • Publication number: 20050004856
    Abstract: The present invention provides systems and methods for facilitating financial advising and planning for a user using a stochastic modeling module. In accordance with an exemplary embodiment of the present invention, the system includes a portfolio integration module for facilitating integration of a user's goals, assets, savings, and risk tolerance to facilitate analyzing and developing a customized strategy for financial portfolio planning of the user. A portfolio reconciler module in communication with the portfolio integration module facilitates comparison of the customized strategy to other strategies and projected user financial decisions in order to further facilitate the financial portfolio planning of the user.
    Type: Application
    Filed: May 3, 2004
    Publication date: January 6, 2005
    Inventors: Gabriela Brose, Jodi Jenson, Patricia Scarlato, Beth Vanney
  • Publication number: 20040267651
    Abstract: The present invention provides systems and methods for facilitating financial advising and planning for a user using a portfolio integration module. In accordance with an exemplary embodiment of the present invention, the system includes a portfolio integration module for facilitating integration of a user's goals, assets, savings, and risk tolerance to facilitate analyzing and developing a customized strategy for financial portfolio planning of the user. A portfolio reconciler module in communication with the portfolio integration module facilitates comparison of the customized strategy to other strategies and projected user financial decisions in order to further facilitate the financial portfolio planning of the user.
    Type: Application
    Filed: May 3, 2004
    Publication date: December 30, 2004
    Applicant: American Express Travel Related Services Company, Inc.
    Inventors: Jodi Jenson, Patricia Scarlato, Beth M. Vanney