Company Filing History:
Years Active: 2010
Title: Michael A. Sullivan: Innovator in Asset Index Tracking
Introduction
Michael A. Sullivan is a notable inventor based in New York, NY (US). He has made significant contributions to the field of asset management through his innovative patent. His work focuses on enhancing the efficiency of investor portfolios by aligning them with selected asset indices.
Latest Patents
Michael A. Sullivan holds a patent titled "Methods for Asset Index Tracking." This patent details the implementation of apparatuses, methods, and systems designed for asset index tracking. The asset index tracker aligns investor asset portfolios to a selected asset index, enabling investors to automatically match their portfolios to predefined indices. The tracker compares the investor's portfolio to the selected index and provides recommendations for rebalancing at specified intervals. This process includes calculating a correlation and estimated tracking error to validate how well the portfolio matches the index. The resulting trade recommendations can be executed upon the investor's approval or automatically, achieving a more precise alignment with the target index.
Career Highlights
Michael A. Sullivan is currently employed at Merrill Lynch, Co., Inc., where he applies his expertise in asset management. His innovative approach to portfolio tracking has positioned him as a valuable asset in the financial services industry.
Collaborations
Michael has collaborated with notable colleagues, including Philip Fischer and Philip Galdi. Their combined expertise contributes to the advancement of financial technologies and investment strategies.
Conclusion
Michael A. Sullivan's contributions to asset index tracking demonstrate his commitment to improving investment strategies for individuals and institutions alike. His innovative patent reflects a significant advancement in the field of asset management.