David Musto

Title: David Musto: Financial Innovation and Patent Contributions.

Introduction.

David Musto is an inventor associated with New Canaan, Connecticut. His work includes patented methods and systems for evaluating target date funds, which can help users compare important characteristics of these investment products. He is associated with JPMorgan Chase Bank, N.A. and holds 2 patents.

Latest Patents.

**Method and System for Evaluating Target Date Funds.** This invention describes a computer-based system that receives information about a group of target date funds, including each fund’s glide path and target retirement date. The system uses that information to determine a diversification level and an equity ratio for each fund. In some cases, the equity ratio reflects the amount of equity projected to be held at the target retirement date. The system then presents a summary, which may include graphs, so users can review and compare the funds’ diversification levels and equity ratios.

Career Highlights.

Musto’s patent work addresses the evaluation and comparison of target date funds. By organizing information about glide paths, retirement dates, diversification, and projected equity holdings, the disclosed system provides a structured way to review these investment characteristics.

Collaborations.

Musto’s listed coworkers include Glenn Dial and Mark Browne. The available information identifies his association with JPMorgan Chase Bank, N.A., but does not specify the coworkers’ roles in the patent.

Conclusion.

David Musto’s patented work focuses on using computer systems to assess and present key characteristics of target date funds, supporting clearer comparison of these investment products.