Company Filing History:
Years Active: 2010-2022
Title: Dain Eric Runestad: Innovator in Financial Instruments
Introduction
Dain Eric Runestad is a notable inventor based in Woodbridge, Connecticut, with a focus on developing innovative financial instruments. He holds five patents that showcase his expertise in creating methods that enhance financial transactions and investment strategies.
Latest Patents
One of his latest patents is titled "System and method for providing a financial instrument with an asset transfer feature." This invention outlines a method for determining an initial account balance associated with a financial instrument, establishing guarantees for protected value, and allowing for the transfer of funds between investments based on specific triggering events. Another significant patent is "System and method for providing a financial instrument utilizing a liability ratio." This invention involves calculating a liability ratio for a financial account and determining the appropriate transfer of funds between sub-accounts based on that ratio.
Career Highlights
Dain Eric Runestad is currently associated with The Prudential Insurance Company of America, where he applies his innovative ideas to improve financial products and services. His work has contributed to the advancement of financial instruments that cater to the needs of investors and beneficiaries alike.
Collaborations
Throughout his career, Dain has collaborated with notable colleagues such as Robert Francis O'Donnell and Jacob M Herschler. These partnerships have fostered an environment of creativity and innovation, leading to the development of impactful financial solutions.
Conclusion
Dain Eric Runestad's contributions to the field of financial instruments through his patents and collaborations highlight his role as a significant innovator. His work continues to influence the financial industry, providing valuable tools for investment and asset management.