Michael A Guido

US Patent:

7895109, Feb 22, 2011

Filed:

Feb 6, 2007

Appl. No.:

11/671625

Inventors:

Jacob M. Herschler - Southport CT, US
Daniel O. Kane - Florham Park NJ, US
N. David Kuperstock - Woodbridge CT, US
Robert Francis O'Donnell - Harwinton CT, US
Steven Lee Putterman - West Hartford CT, US
Dain Eric Runestad - Woodbridge CT, US
Robert J. Schwartz - West Granby CT, US
Nicholas Berardis, Jr. - Middlebury CT, US
John L. Grucza - Southington CT, US
Michael Albert Guido - Southbury CT, US
J. Scott Dunn - Rocky Hill CT, US

Assignee:

The Prudential Insurance Company of America - Newark NJ

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 4, 705 35

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.

US Patent:

8396774, Mar 12, 2013

Filed:

Feb 6, 2007

Appl. No.:

11/671679

Inventors:

Jacob M. Herschler - Southport CT, US
Daniel O. Kane - Florham Park NJ, US
N. David Kuperstock - Woodbridge CT, US
Robert Francis O'Donnell - Harwinton CT, US
Steven Lee Putterman - West Hartford CT, US
Dain Eric Runestad - Woodbridge CT, US
Robert J. Schwartz - West Granby CT, US
Nicholas Berardis, Jr. - Middlebury CT, US
John L. Grucza - Southington CT, US
Michael Albert Guido - Southbury CT, US
J. Scott Dunn - Rocky Hill CT, US

Assignee:

The Prudential Insurance Company of America - Newark NJ

International Classification:

G06Q 40/00

US Classification:

705 36R

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.

US Patent:

8504460, Aug 6, 2013

Filed:

Feb 17, 2011

Appl. No.:

13/029858

Inventors:

Jacob M. Herschler - Southport CT, US
Daniel O. Kane - Florham Park NJ, US
N. David Kuperstock - Woodbridge CT, US
Robert F. O'Donnell - Harwinton CT, US
Steven L. Putterman - West Hartford CT, US
Dain E. Runestad - Woodbridge CT, US
Robert J. Schwartz - West Granby CT, US
Nicholas Berardis, Jr. - Middlebury CT, US
John L. Grucza - Southington CT, US
Michael A. Guido - Southbury CT, US
J. Scott Dunn - Rocky Hill CT, US

Assignee:

The Prudential Insurance Company of America - Newark NJ

International Classification:

G06Q 40/00

US Classification:

705 36R

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.

US Patent:

20080189218, Aug 7, 2008

Filed:

Feb 6, 2007

Appl. No.:

11/671598

Inventors:

Jacob M. Herschler - Southport CT, US
Daniel O. Kane - Florham Park NJ, US
N. David Kuperstock - Woodbridge CT, US
Robert Francis O'Donnell - Harwinton CT, US
Steven Lee Putterman - West Hartford CT, US
Dain Eric Runestad - Woodbridge CT, US
Robert J. Schwartz - West Granby CT, US
Nicholas Berardis - Middlebury CT, US
John L. Grucza - Southington CT, US
Michael Albert Guido - Southbury CT, US
J. Scott Dunn - Rocky Hill CT, US

International Classification:

G06Q 40/00

US Classification:

705 36 R, 705 35

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.