Patents by Inventor Ronald T. Park
Ronald T. Park 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).
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Patent number: 7983975Abstract: A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.Type: GrantFiled: May 26, 2008Date of Patent: July 19, 2011Assignee: Financial Engines, Inc.Inventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadler, Ronald T. Park
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Patent number: 7813989Abstract: A financial advisory system is described that facilitates planning regarding financial goals, such as retirement. According to one embodiment, a method of forecasting a future value of a financial product holding is provided. Exposure analysis is performed on a financial product in which an investor holds an interest to determine how the financial product behaves relative to a set of asset classes. A forecast is generated for the financial product holding at a configurable time horizon based on forward-looking scenarios of one or more asset classes of the set of asset classes. Based on the forecast, information is directly or indirectly caused to be presented regarding a projected value of the financial product holding at the configurable time horizon.Type: GrantFiled: October 28, 2008Date of Patent: October 12, 2010Assignee: Financial Engines, Inc.Inventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadler, Ronald T. Park
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Patent number: 7788155Abstract: A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.Type: GrantFiled: September 2, 2005Date of Patent: August 31, 2010Assignee: Financial Engines, Inc.Inventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadier, Ronald T. Park
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Publication number: 20090055327Abstract: A financial advisory system is described that facilitates planning regarding financial goals, such as retirement. According to one embodiment, a method of forecasting a future value of a financial product holding is provided. Exposure analysis is performed on a financial product in which an investor holds an interest to determine how the financial product behaves relative to a set of asset classes. A forecast is generated for the financial product holding at a configurable time horizon based on forward-looking scenarios of one or more asset classes of the set of asset classes. Based on the forecast, information is directly or indirectly caused to be presented regarding a projected value of the financial product holding at the configurable time horizon.Type: ApplicationFiled: October 28, 2008Publication date: February 26, 2009Applicant: FINANCIAL ENGINES, INC.Inventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadler, Ronald T. Park
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Publication number: 20080235154Abstract: A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.Type: ApplicationFiled: May 26, 2008Publication date: September 25, 2008Applicant: FINANCIAL ENGINES, INC.Inventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadier, Ronald T. Park
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Patent number: 7016870Abstract: A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.Type: GrantFiled: February 1, 2000Date of Patent: March 21, 2006Assignee: Financial EnginesInventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadier, Ronald T. Park
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Patent number: 6021397Abstract: A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.Type: GrantFiled: December 2, 1997Date of Patent: February 1, 2000Assignee: Financial Engines, Inc.Inventors: Christopher L. Jones, William F. Sharpe, Jason S. Scott, John G. Watson, Jeff N. Maggioncalda, Geert Bekaert, Steven R. Grenadier, Ronald T. Park