Location History:
- Villanova, PA (US) (2013)
- Wayne, PA (US) (2005 - 2014)
Company Filing History:
Years Active: 2005-2014
Title: Innovations by Walter Lenhard
Introduction
Walter Lenhard is a notable inventor based in Wayne, PA (US), recognized for his contributions to the field of investment management. He holds a total of seven patents, showcasing his innovative approach to financial systems and investment companies.
Latest Patents
Among his latest patents is a method for implementing an investment company that issues a class of conventional shares and a class of exchange-traded shares in the same fund. This method provides a framework for administering a single investment company that issues multiple classes of shares, allowing for both net asset value transactions and market price trading. The system utilizes computers to maintain account data of the outstanding shares, ensuring that owners of any share class have an undivided interest in the investment company.
Another significant patent by Lenhard is a system and method for implementing an investment company that issues a class of conventional shares and a class of exchange-traded shares in the same fund. This system mirrors the previous method, emphasizing the innovative structure of investment companies that can operate with both conventional and exchange-traded shares.
Career Highlights
Walter Lenhard is currently associated with The Vanguard Group, Inc., a leading investment management company. His work at Vanguard has allowed him to apply his inventive ideas in a practical setting, contributing to the evolution of investment strategies and products.
Collaborations
Lenhard has collaborated with George Upham Sauter, further enhancing the innovative efforts within their field. Their partnership exemplifies the importance of teamwork in driving advancements in investment management.
Conclusion
Walter Lenhard's contributions to the field of investment management through his patents and work at The Vanguard Group, Inc. highlight his role as a significant innovator. His methods and systems continue to influence how investment companies operate today.