Michael Smid

Title: Michael Smid - Innovator in Investment Strategy

Introduction

Michael Smid is an accomplished inventor based in Advance, North Carolina. He has made significant contributions to the field of investment strategies, particularly through his innovative patent that utilizes crowdsourcing to enhance retirement income growth. His work reflects a blend of technology and finance, aimed at improving user experience in investment planning.

Latest Patents

Michael Smid holds a patent for a "Goal recommendation tool with crowd sourcing input." This system and computer-implemented method is designed to generate an investment strategy for retirement income growth by utilizing crowdsourcing recommendations. The process involves gathering information about the user and proposing goals based on this data. Crowdsourcing members who meet specific criteria are selected to provide recommendations, allowing users to remain anonymous while receiving tailored advice on their investment strategies.

Career Highlights

Michael is currently employed at Wells Fargo Bank, N.A., where he applies his expertise in financial technology. His role involves leveraging innovative solutions to enhance customer service and investment strategies. His patent showcases his commitment to improving financial planning tools for individuals seeking to secure their retirement.

Collaborations

Michael has collaborated with notable colleagues, including Christopher Nicholas Mair and Alexandra Rapp. These partnerships have contributed to the development of innovative financial solutions that benefit users in their investment journeys.

Conclusion

Michael Smid's contributions to the field of investment strategy through his innovative patent demonstrate his dedication to enhancing retirement planning. His work at Wells Fargo Bank, N.A. and collaborations with colleagues further highlight his impact in the financial technology sector.