Company Filing History:
Years Active: 2007
Title: Michael C. Henkel: Innovator in Automated Retirement Solutions
Introduction
Michael C. Henkel is a notable inventor based in Evanston, IL, who has made significant contributions to the field of automated retirement planning. With a focus on enhancing the management of employee retirement benefits, Henkel's work aims to simplify and optimize investment strategies for individuals.
Latest Patents
Henkel holds a patent for "Automatically allocating and rebalancing discretionary portfolios." This innovative system involves an automated retirement plan manager that manages the assets of an employee retirement benefits plan on behalf of an employer. The plan manager executes trades on investment vehicles based on instructions from an automated independent investment advisor. This advisor calculates a human capital for each plan participant using data derived from both the employer and the participant through an interface. Based on this human capital calculation, the advisor recommends an allocation of portfolio assets to the participant. Once the recommendation is presented for review and possibly modified by the participant, it becomes an instruction to the plan manager. As participants age, their human capital is recalculated, which helps determine if their current portfolio type should be switched to a more conservative one.
Career Highlights
Henkel is currently employed at Ibbotson Associates, Inc., where he continues to develop innovative solutions in the financial sector. His work focuses on creating automated systems that enhance the efficiency and effectiveness of retirement planning.
Collaborations
Some of Henkel's notable coworkers include Peng Chen and Roger Ibbotson, who contribute to the collaborative environment at Ibbotson Associates, Inc. Their combined expertise fosters innovation in financial technology and investment strategies.
Conclusion
Michael C. Henkel's contributions to automated retirement solutions reflect his commitment to improving financial management for individuals. His innovative patent and ongoing work at Ibbotson Associates, Inc. position him as a key figure in the evolution of retirement planning technology.