Patents by Inventor Robert T. McCrory

Robert T. McCrory 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).

  • Method of determining optimal asset allocation utilizing asset cash flow simulation
    Patent number: 7243081
    Abstract: A method of simulating future cash flow for a given asset allocation under a variety of economic conditions, measuring the frequency of failure of the cash flow to avoid one or more predefined risks. Assigning user-selected weights to avoidance of specified risks and alternative user-selected weights to maximization of rate of return, the invention utilizes the cash flow simulation to produce a performance index. By methodological testing through asset allocation adjustments, the optimum performance index is determined, thereby identifying the optimum asset allocation.
    Type: Grant
    Filed: February 5, 2001
    Date of Patent: July 10, 2007
    Assignee: EFI Actuaries
    Inventors: Edward H. Friend, Robert T. McCrory
  • Method of determining optimal asset allocation utilizing asset cash flow simulation
    Publication number: 20020038271
    Abstract: A method of simulating future cash flow for a given asset allocation under a variety of economic conditions, measuring the frequency of failure of the cash flow to avoid one or more predefined risks. Assigning user-selected weights to avoidance of specified risks and alternative user-selected weights to maximization of rate of return, the invention utilizes the cash flow simulation to produce a performance index. By methodological testing through asset allocation adjustments, the optimum performance index is determined, thereby identifying the optimum asset allocation.
    Type: Application
    Filed: February 5, 2001
    Publication date: March 28, 2002
    Inventors: Edward H. Friend, Robert T. McCrory
  • Method of determining optimal asset allocation utilizing asset cash flow simulation
    Patent number: 6219650
    Abstract: A method of simulating future cash flow for a given asset allocation under a variety of economic conditions, measuring the frequency of failure of the cash flow to avoid one or more predefined risks. Assigning user-selected weights to avoidance of specified risks and alternative user-selected weights to maximization of rate of return, the invention utilizes the cash flow simulation to produce a performance index. By methodological testing through asset allocation adjustments, the optimum performance index is determined, thereby identifying the optimum asset allocation.
    Type: Grant
    Filed: February 8, 2000
    Date of Patent: April 17, 2001
    Assignee: EFI Actuaries
    Inventors: Edward H. Friend, Robert T. McCrory
  • Method of determining optimal asset allocation utilizing asset cash flow simulation
    Patent number: 6055517
    Abstract: A method of simulating future cash flow for a given asset allocation under a variety of economic conditions, measuring the frequency of failure of the cash flow to avoid one or more predefined risks. Assigning user-selected weights to avoidance of specified risks and alternative user-selected weights to maximization of rate of return, the invention utilizes the cash flow simulation to produce a performance index. By methodological testing through asset allocation adjustments, the optimum performance index is determined, thereby identifying the optimum asset allocation.
    Type: Grant
    Filed: January 30, 1998
    Date of Patent: April 25, 2000
    Assignee: EFI Actuaries
    Inventors: Edward H. Friend, Robert T. McCrory
  • Method of determining optimal asset allocation utilizing asset cash flow simulation
    Patent number: 5774881
    Abstract: The invention provides a method of simulating future cash flow for a given asset allocation under a variety of economic conditions, comparing the results of the simulation to a predefined risk tolerance baseline, and preferably adjusting the asset allocation until the results of the simulation reflect a maximum rate of return for a given risk tolerance. The simulation of cash flow generates a plurality of asset cash flow projections for a given asset allocation that are preferably graphically represented with respect to the predefined risk tolerance baseline. The risk tolerance baseline is plan specific and is preferably set to a multiple of a preferred risk factor such as percentage of payroll cost or benefit cost. The occurrence of an asset cash flow projection falling below the risk tolerance baseline defines a risk tolerance failure event.
    Type: Grant
    Filed: October 30, 1995
    Date of Patent: June 30, 1998
    Assignee: EFI Actuaries
    Inventors: Edward H. Friend, Robert T. McCrory