Folio Institutional’s Digital Wealth Services Platform Wins WealthManagement.com 2018 Industry Award for How It Transforms Online Investing for Advisors, Enterprises and Their Clients

MCLEAN, VA, September 24, 2018 – Folio Institutional announced today that WealthManagement.com presented its Digital Wealth Services Platform (DWSP) with a 2018 Industry Award in the Custodians: Technology category. This award recognizes innovative programs that help advisors be more efficient and enhances the advisor and client experience. The WealthManagement.com Industry Awards is the only award program of its kind to honor outstanding achievements by companies that support financial advisor success.

Folio’s DWSP delivers advisors and wealth managers with an unparalleled digital investment advice experience. It is the first and only digital advice solution to combine the power of goal-based financial planning with customized investment portfolios (using model strategies, stocks, ETFs and mutual funds), based on an advisor’s guidance and a client’s unique preferences and values. DWSP fully automates advisors’ delivery of intelligent and personalized advice to their clients.

With DWSP, advisors can:

  • Own the portfolio construction process and provide clients with portfolios that include individual stocks, mutual funds and ETFs – they can also select from a wide variety of third-party model portfolios, including Folio’s Ready-to-Go Portfolios.
  • Offer clients portfolios that reflect their individual preferences in sustainable, responsible and impact (SRI) investments.
  • Manage every client’s investment tax obligations with sophisticated tax management tools, such as Folio’s Tax Football™ and automated tax strategies.
  • Develop and manage portfolios that reflect multiple goals per account – or multiple accounts per goal.
  • Private label their digital investment advice solution, so they can build and promote their own brand – not that of third parties.

“We are honored that the WealthManagement.com Industry Award judges recognized the many ways our Digital Wealth Services Platform helps advisors serve their clients and grow their business,” said Greg Vigrass, president of Folio Institutional. “DWSP is a continuation of Folio’s 18-year history of delivering cutting-edge and scalable brokerage and custody technology to RIAs, broker-dealers, TAMPs, robo advisors and enterprises. For example, Folio was one of the first to offer advisors completely paperless, streamlined account opening, bank-link creation and funding – and to also provide advisors with online trade confirmations, statements, performance reporting, tax documents and proxy voting services.”

DWSP offers wealth management firms, credit unions, banks, insurance firms, and other enterprises with a highly configurable, digital framework that delivers a more personalized client experience. It helps firms differentiate themselves across a wide range of wealth segments with a variety of solutions, from a goal-based robo advisor platform, to a simple and fun online investing service for novice investors, to a highly tailored, API-driven program that is customized from end-to-end.

To learn more about DWSP, contact Folio Institutional.

About Folio Institutional
Folio Institutional® is a leading brokerage, custody and financial technology company, all in one. Investment advisors, financial institutions and retirement plans use our innovative technology and modular solutions to build and precisely manage customized portfolios for their entire client base, regardless of account size. Our clients use our state-of-the-art trading, portfolio management tools, digital investing services and alternative investment capabilities to create a better client experience, scale their business and improve profitability. We empower the financial services industry on both a full-service and technology-licensed basis, servicing billions of dollars of investor assets nationwide.
www.folioinstitutional.com 

 

Media Contact
Kathy King
FOLIOfn, Inc.
kingk@foliofn.com

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