Most problems and decisions in personal financial
planning – regardless of the complexity of the products involved
-- can be broken down into a limited set of economic tradeoffs.
We believe that this cost-benefit analysis should be conducted
within a probabilistic framework that is consistent with capital
market pricing and valuation.
Thus, for example, deciding whether to purchase a
long-term care (LTC) insurance policy or to self-insure; whether
to finance a mortgage at a fixed or adjustable rate; whether to
annuitize a pension or take a lump-sum; or whether to fund more
than the required minimum on a life insurance policy, can all be
analyzed by reducing the set of choices and decisions to a
financial economic model.
To help illuminate the tradeoffs and provide
rigorous guidance, The QWeMA Group has access to some of the
world’s leading specialists in probability theory, actuarial
finance, insurance economics, stochastic process and partial
differential equations – specialties that are at the
intellectual core of these decisions.
In the past few years a number of our models,
algorithms and calculators have been granted IP & patent
protection by the USPTO, publicized by the media and have been
peer-reviewed in leading scholarly journals. As a result, we
have established long term licensing agreements with a number of
global financial services companies.
If your organization is developing a financial
calculator, investment model, or economic simulator within the
broadly defined field of wealth and risk management, consider the resources of the QWeMA Group.
