Stephen R Wolfrath

Title: The Innovative Mind of Stephen R. Wolfrath

Introduction

Stephen R. Wolfrath is a notable inventor based in Eagan, MN (US). He has made significant contributions to the field of financial technology through his innovative patent. His work focuses on enhancing investment products and improving the financial decision-making process for individuals.

Latest Patents

Wolfrath holds a patent for an "Automatic income adjustment." This method involves receiving market data associated with an investment product that specifies a first guaranteed annual withdrawal amount and a second guaranteed annual withdrawal amount. The first guaranteed annual withdrawal amount is greater than the second guaranteed annual withdrawal amount. The method includes automatically selecting a guaranteed annual withdrawal amount from the first and second amounts based on an evaluation of the market data. This innovation aims to provide a more adaptive approach to income withdrawal strategies in investment products.

Career Highlights

Stephen R. Wolfrath is currently employed at Ameriprise Financial, Inc., where he applies his expertise in financial services. His work at Ameriprise has allowed him to collaborate with other talented professionals in the industry, contributing to the development of innovative financial solutions.

Collaborations

Some of his coworkers include Tamara L. Pollock and Gumer Cruz Alvero. Their collective efforts in the financial sector have fostered an environment of innovation and creativity.

Conclusion

Stephen R. Wolfrath's contributions to the field of financial technology through his patent demonstrate his commitment to improving investment strategies. His work continues to influence the way individuals manage their financial futures.