US Patent Issued to NISA INVESTMENT ADVISORS on Jan. 20 for "Optimization and prioritization of account directed distributions in an asset management system" (Missouri, Pennsylvania Inventors)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,723, issued on Jan. 20, was assigned to NISA INVESTMENT ADVISORS LLC (St. Louis).

"Optimization and prioritization of account directed distributions in an asset management system" was invented by William Patrick Marshall (Webster Groves, Mo.), Christopher Eric Goebel (St. Louis) and Nicholas Frank Cangiani (Jamison, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An asset management system is disclosed where a plurality of financial databases may connect with and be in communication with an asset management tool. The asset management tool is able to create an individual spending plan (scheduled distributions) and matching fixed income investment ...