US Patent Issued to SIX TREES CAPITAL on May 19 for "System and method for automated optimization of financial assets" (New York, Illinois, Texas Inventors)

ALEXANDRIA, Va., May 19 -- United States Patent no. 12,632,841, issued on May 19, was assigned to SIX TREES CAPITAL LLC (Portsmouth, N.H.).

"System and method for automated optimization of financial assets" was invented by Gary E. Zimmerman (New York), Richard D. Wu (Chicago) and Gabriel Jorge Gironda (Austin, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A financial management network is disclosed for optimizing interest return and/or deposit insurance coverage among a plurality of online accounts that may include one or more savings accounts and a checking account, by automatically allocating and transferring funds among the accounts without intervention of the account holder, in accordance with con...