Company Filing History:
Years Active: 2010
Title: Michael John Everett: Innovator in Investment Account Management
Introduction
Michael John Everett is an accomplished inventor based in Fair Haven, NJ, United States, known for his significant contributions to the field of investment account management. With a total of three patents to his name, Everett has developed innovative solutions that enhance the efficiency and effectiveness of managing complex financial assets.
Latest Patents
Everett's latest patents demonstrate his forward-thinking approach to financial management. One of his notable inventions is titled "Distribution of cash deposits and withdrawals in multi-style managed client investment accounts." This patent addresses the complexities of managing investment accounts that incorporate various investment styles. In his system, cash deposits are initially placed in a temporary cash bucket, and are then allocated to individual cash buckets associated with different investment styles based on a selected cash deposit allocation. Similarly, when cash withdrawals occur, the system efficiently withdraws funds from the respective cash buckets according to a defined cash withdrawal allocation. This innovative approach ensures that cash management is optimized across all investment styles.
Another important patent by Everett is "Drift determination in multi-style managed client investment account." This invention introduces a processor and system to assess asset drift within investment accounts holding a variety of investment styles. By determining actual asset allocation and comparing it with established allocation rules, the system can identify drift and facilitate rebalancing of the investment account as needed. This invention aims to improve the accuracy and performance of client investment portfolios.
Career Highlights
Michael John Everett is affiliated with Checkfree Corporation, a prominent player in the financial technology sector. Through his role, he has utilized his expertise in investment management to develop innovative technologies that serve both companies and individual investors. His contributions have furthered the efficiency of investment operations and enhanced the financial industry's capabilities.
Collaborations
Throughout his career, Everett has collaborated with various professionals, including Charles Raymond Smith III and Danette Kay Ponce. These partnerships have facilitated the development and refinement of his inventive ideas, contributing to the successful launch of his patents and advancing the field of investment management.
Conclusion
Michael John Everett stands out as a pioneering inventor in the realm of investment account management. His innovative solutions and patents reflect a deeper understanding of financial processes, ultimately benefiting investors by providing more efficient ways to manage their assets. His work continues to impact the financial technology industry and serves as a foundation for future advancements in investment account practices.