Glenn H Booraem

Title: Glenn H. Booraem: Innovator in Investment Company Administration

Introduction

Glenn H. Booraem is a notable inventor based in Chester Springs, PA (US). He has made significant contributions to the field of investment company administration, particularly through his innovative methods for managing dividend payments. With a total of 2 patents, Booraem's work has had a meaningful impact on how investment companies operate.

Latest Patents

Booraem's latest patents focus on a method of recording and paying declared dividends in an investment company that invests in fixed income securities. His inventions provide a systematic approach to administering an investment company that issues various classes of shares. These shares can be bought from and redeemed with the investment company at a net asset value, while also being listed for trading on a securities exchange. The patents detail how computers maintain information regarding portfolio holdings and outstanding shares, allowing for the periodic declaration of dividends at different time intervals for different classes of shares.

Career Highlights

Glenn H. Booraem is currently associated with The Vanguard Group, Inc., a leading investment management company. His role involves leveraging his expertise in investment strategies and dividend management to enhance the company's offerings. His innovative methods have streamlined processes and improved efficiency within the organization.

Collaborations

Throughout his career, Booraem has collaborated with notable colleagues such as Kenneth E. Volpert and Kathryn Hyatt. These partnerships have fostered a collaborative environment that encourages innovation and the sharing of ideas.

Conclusion

Glenn H. Booraem's contributions to the field of investment company administration through his patents and career at The Vanguard Group, Inc. highlight his role as a significant innovator. His work continues to influence the way investment companies manage dividends and operate efficiently.