Jason D Scott

US Patent:

7016870, Mar 21, 2006

Filed:

Feb 1, 2000

Appl. No.:

09/495982

Inventors:

Christopher L. Jones - Redwood Shores CA, US
William F. Sharpe - Los Altos CA, US
Jason S. Scott - San Carlos CA, US
John G. Watson - Menlo Park CA, US
Jeff N. Maggioncalda - Menlo Park CA, US
Geert Bekaert - Menlo Park CA, US
Steven R. Grenadier - Los Altos CA, US
Ronald T. Park - Menlo Park CA, US

Assignee:

Financial Engines - Palo Alto CA

International Classification:

G06F 17/00

US Classification:

705 35

Abstract:

A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.

US Patent:

7321871, Jan 22, 2008

Filed:

Sep 17, 2001

Appl. No.:

09/955394

Inventors:

Jason S. Scott - Menlo Park CA, US
Christopher L. Jones - Redwood Shores CA, US
James W. Shearer - San Francisco CA, US
John G. Watson - Menlo Park CA, US

Assignee:

Financial Engines, Inc. - Palo Alto CA

International Classification:

G06Q 40/00

US Classification:

705 36R

Abstract:

A portfolio optimization process that diversifies model risk by favoring a more diversified portfolio over other portfolios with similar characteristics is provided. According to one aspect of the present invention, an intelligent search is performed for a diverse portfolio that meets a predetermined diversity budget. An initial portfolio is determined based upon an available set of financial products. The cost associated with more diversified portfolios compared to the initial portfolio is considered and one of the more diversified portfolios is selected that has an associated cost that is less than or equal to the predetermined diversity budget.

US Patent:

7339470, Mar 4, 2008

Filed:

Mar 10, 2006

Appl. No.:

11/373030

Inventors:

Jason Scott - Oakland CA, US

International Classification:

G08B 1/08

US Classification:

34053913, 3405391, 3405721, 3405728, 3406861, 34082536, 34082549

Abstract:

A process that records, transmits and analyzes moment-to-moment data of objects of interest at an event for the production of a digital representation of the event. This representation is the result of a short-range radiolocation system used for tracking objects. Computing systems re-create timed sequences of event and broadcasts the digital representation to both local interactive PDA's and to internet virtual casts. Four or more receivers are situated so as to cover the entire area of the event. Transmitter tags are placed on all objects (e. g. , players, ball etc). The processor receives the data and compiles it for digital recreation and transmission to the aforementioned destination devices.

US Patent:

7813989, Oct 12, 2010

Filed:

Oct 28, 2008

Appl. No.:

12/259429

Inventors:

Christopher L. Jones - Belmont CA, US
William F. Sharpe - Carmel CA, US
Jason S. Scott - Los Altos CA, US
John G. Watson - Menlo Park CA, US
Jeff N. Maggioncalda - Palo Alto CA, US
Geert Bekaert - Menlo Park CA, US
Steven R. Grenadler - Los Altos CA, US
Ronald T. Park - Menlo Park CA, US

Assignee:

Financial Engines, Inc. - Palo Alto CA

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35

Abstract:

A financial advisory system is described that facilitates planning regarding financial goals, such as retirement. According to one embodiment, a method of forecasting a future value of a financial product holding is provided. Exposure analysis is performed on a financial product in which an investor holds an interest to determine how the financial product behaves relative to a set of asset classes. A forecast is generated for the financial product holding at a configurable time horizon based on forward-looking scenarios of one or more asset classes of the set of asset classes. Based on the forecast, information is directly or indirectly caused to be presented regarding a projected value of the financial product holding at the configurable time horizon.

US Patent:

7983975, Jul 19, 2011

Filed:

May 26, 2008

Appl. No.:

12/127000

Inventors:

Christopher L. Jones - Belmont CA, US
William F. Sharpe - Carmel CA, US
Jason S. Scott - Los Altos CA, US
John G. Watson - Menlo Park CA, US
Jeff N. Maggioncalda - Palo Alto CA, US
Geert Bekaert - Menlo Park CA, US
Steven R. Grenadler - Los Altos CA, US
Ronald T. Park - Menlo Park CA, US

Assignee:

Financial Engines, Inc. - Palo Alto CA

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 37

Abstract:

A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping.

US Patent:

8200561, Jun 12, 2012

Filed:

Mar 31, 2003

Appl. No.:

10/404818

Inventors:

Jason Scott - Los Altos CA, US
Joshua David Schwab - San Francisco CA, US
John G. Watson - Menlo Park CA, US
Wei-Yin Hu - Menlo Park CA, US
James William Shearer - San Francisco CA, US

Assignee:

Financial Engines, Inc. - Palo Alto CA

International Classification:

G06Q 40/00

US Classification:

705 36T, 705 36 R

Abstract:

A method of tax-aware asset allocation is provided. According to one embodiment, information is received regarding financial products available for investment in a taxable account and a tax deferred account of an investor. Information is also received regarding current investments held in the taxable account and the tax deferred account. Tax characteristics associated with each financial product is determined by evaluating information regarding distributions and/or information regarding turnover. Relevant financial circumstances of the investor are also determined. Finally, advice is formulated regarding a recommended portfolio of financial products, including a recommendation regarding which of the taxable account and the tax deferred account each financial product in the recommended portfolio should be held by performing a portfolio optimization process that takes into consideration the tax characteristics, the relevant financial circumstances, and tax implications of holding the financial products in the taxable account versus the tax deferred account.

US Patent:

8444420, May 21, 2013

Filed:

Dec 29, 2009

Appl. No.:

12/649298

Inventors:

Jason Scott - Sherman Oaks CA, US

International Classification:

G09B 19/00
G06Q 10/00

US Classification:

434219, 705301

Abstract:

A system for project management comprises a guidebook and a series of templates that accept input data from a user and calculate results based on the data. The resultant data is used to operate the system, which comprises the following components: a guidebook comprises the instructions for operating the method and all templates used during the method; standardized templates that are to be used for any project regardless of subject matter; weekly audits of project managers; a project manager certificate program; an auditor training program; a series of performance evaluations for project managers and auditors, and a series of performance analytics designed to correlate hours worked with performance quality to establish optimum task allocation for participants in the system.

US Patent:

8521633, Aug 27, 2013

Filed:

Sep 26, 2011

Appl. No.:

13/245807

Inventors:

Jason S. Scott - Los Altos CA, US
Shinichiro Inoue - Redwood City CA, US
Jeffrey N. Maggioncalda - Palo Alto CA, US
David Ramirez - Oakland CA, US
Wei-Yin Hu - Menlo Park CA, US
John G. Watson - Menlo Park CA, US
David Boudreau - Point Richmond CA, US
Gregory Stein - San Mateo CA, US
James W. Shearer - San Francisco CA, US

Assignee:

Financial Engines, Inc. - Sunnyvale CA

International Classification:

G06Q 40/00

US Classification:

705 36R

Abstract:

Financial advisory methods and systems for creating a steady lifetime income stream within an investment plan is provided. According to one embodiment, based on an investor's current holdings in the investment plan, a pattern of periodic cash payouts is identified that can be made to the investor from an in-plan payout program implemented with the limited universe of financial products available within the investment plan. The assets of the investment plan are rebalanced to form a payout portfolio and an equity exposure portfolio. The payout portfolio is constructed to create an annuity-like stream of income to support the pattern of periodic cash payouts and includes multiple bond funds. The equity exposure portfolio is constructed to address inflation risk by providing an ability to rise with equities markets. Finally, a periodic cash payout of the pattern of periodic cash payouts is caused to be paid to the investor from the investment plan.