The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 26, 2010
Filed:
Feb. 25, 2003
Charles Raymond Smith, Iii, Hoboken, NJ (US);
Michael John Everett, Fair Haven, NJ (US);
Danette Kay Ponce, Chicago, IL (US);
Lavinia Shao-hui Zyvith, Belle Mead, NJ (US);
Reo A. Gonzales, Jersey City, NJ (US);
Heidi Renee Derstine, Chicago, IL (US);
Mirjana Ristovic, Ridgefield, NJ (US);
Charles Raymond Smith, III, Hoboken, NJ (US);
Michael John Everett, Fair Haven, NJ (US);
Danette Kay Ponce, Chicago, IL (US);
Lavinia Shao-Hui Zyvith, Belle Mead, NJ (US);
Reo A. Gonzales, Jersey City, NJ (US);
Heidi Renee Derstine, Chicago, IL (US);
Mirjana Ristovic, Ridgefield, NJ (US);
CheckFree Corporation, Norcross, GA (US);
Abstract
An investment account is managed having associated assets, including shares of different securities, transacted in accordance with a plurality of different investment styles. A cash deposit into such a multi-style investment account and a request for a cash withdrawal from the multi-style investment account are handled differently but efficiently across the different investment styles in the investment account. When cash is deposited into the investment account, the cash deposit is placed into a temporary 'cash bucket' in the investment account common across different investment styles. The cash is then distributed individual 'cash buckets' each associated with an investment style in the investment account in accordance with a selected cash deposit allocation. When cash is to be withdrawn from the investment account, the cash amounting to the requested amount from individual “cash buckets” each associated with an investment style in the investment account is withdrawn in accordance with a selected cash withdrawal allocation. As a result, the cash can be deposited into the investment account or withdrawn from the investment account with proper allocation across different investment styles.