Press Release Archive

Folio Financial Redefines Digital Investing with Launch of Digital Wealth Platform for Financial Institutions and Advisors

December 6, 2018 -- McLean VA  Folio Financial, a leading brokerage, custody and financial technology company, today announced the launch of their latest innovation, the Digital Wealth Platform (DWP)—a modern, digital wealth management platform that is leading the next evolution of digital advice. more

SRI Conference and Community Offers Wealth Managers and Sustainability and Diversity Executives News Ways to Deliver Lasting Financial, Social and Environmental Returns

September 27, 2018 -- McLean VA  The SRI Conference and Community announced today it has launched a redesigned website, which is the first step among many it is taking to help those who create lasting social and environmental returns collaborate, innovate and shape the future of sustainable, impact and responsible (SRI) investing. more

Editors and Reporters Have More Ways than Ever to Participate In the SRI Conference

September 26, 2018 -- McLean VA  Editors, journalists and bloggers who report on wealth management, diversity, corporate governance and sustainable, responsible and impact (SRI) investing now have more ways than ever to participate in the SRI Conference. more

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

September 24, 2018 -- McLean VA  Folio Institutional announced today that 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 Industry Awards is the only award program of its kind to honor outstanding achievements by companies that support financial advisor success. more

First Affirmative Financial Network Honored as a Best For The World Company For Creating Positive Impact for Workers, Environment and Community

July 5, 2018 -- McLean VA and Colorado Springs CO  First Affirmative Financial Network, one of the largest advisory firms that specialize in sustainable, responsible and impact (SRI) investing, announced today that B Lab has honored it as a Best For The World: Customers company. B Lab certifies B Corporations, companies that use the power of business to solve social and environmental problems. more

SRI Pioneer First Affirmative Financial Network Sets New Thresholds for Gun-Related Securities in Its Managed Accounts Program

June 18, 2018 -- McLean VA and Colorado Springs CO  First Affirmative Financial Network, one of the largest advisory firms that specializes in sustainable, responsible and impact (SRI) investing, announced today it has taken two significant steps intended to help dramatically reduce gun violence in the United States. more

Folio Institutional Helps Enterprises Answer the “What, Who and How” When Searching For a Digital Wealth Management Partner

June 14, 2018 -- McLean VA  Today, many banking, credit unions, insurance firms and other financial services enterprises are searching for an online investing technology solution. According to Folio Institutional’s president, Greg Vigrass, in their rush to be competitive, many of these firms forget to answer their “what, who and how.” more

34 Firms Are Already Sponsoring The 29th Annual SRI Conference

May 24, 2018 -- McLean VA  The 29th Annual SRI Conference, run by the SRI Conference and Community, LLC, a subsidiary of FOLIOfn, Inc., announced today that it already has 34 wealth management, advisory, fund management, research, non-profit and technology firms choosing to sponsor the industry’s premier event for finance professionals interested in sustainable, responsible and impact (SRI) investing. more

The SRI Conference Announces Dates for Regional and Annual Events

April 25, 2018 -- McLean VA  The SRI Conference, the longest-running and premier gathering of investment professionals who are engaged in sustainable, responsible and impact (SRI) investing, has announced a series of events to help financial professionals align investor capital with key SRI benchmarks and learn how SRI can help them do well by doing good. more

Steve Wallman, FOLIOfn, Inc. Founder and CEO, to Speak at Tiburon CEO Summit

March 28, 2018 -- McLean VA 
FOLIOfn, Inc. announced today that its founder and CEO, Steve Wallman, will speak on mergers and acquisitions in the sustainable, responsible and impact (SRI) investing industry at the 2018 Tiburon CEO Summit. more

Folio Institutional President Greg Vigrass to Speak On NextGen Advisor Tech at T3 Conference

February 6, 2018 -- McLean VA 
Folio Institutional, one of the advisory industry’s leading custody, brokerage and FinTech companies, announced today that Greg Vigrass, president, will speak at the upcoming T3 Advisor Conference. more

Innovative Robo Advisor Invest Forward Selects Folio Institutional For Brokerage Technology and Custody

December 15, 2017 -- McLean VA  Folio Institutional announced today that Invest Forward has chosen its online brokerage, custody, clearing and robo technology services to power Invest Forward’s digital investing platform. Invest Forward is one of the financial services industry’s most cutting-edge and fastest growing robo advisors. more

Folio Institutional Launches Expert Interview Podcasts for Advisors

November 28, 2017 -- McLean VA  Folio Institutional announced today that it has launched the “Expert Interview” podcast series, available on its Sightlines blog. The Expert Interview series showcases some of the smartest thinking in the financial services industry on issues that matter most to advisors. more

Real Estate Issuers Need Online, Alternative Investing Processes to Thrive Says VIA Folio’s Blaine McLaughlin

November 6, 2017 -- McLean VA  Blaine McLaughlin, chief operating officer of VIA Folio, says it’s time for real estate issuers to move away from the traditional capital raising process and use online brokerage technology. McLaughlin, who recently spoke at the IPA Vision 2017 Conference, said investors have embraced technology in every other aspect of their lives, so real estate issuers must now meet them on their own terms. more

VIA Folio’s Blaine McLaughlin Offers Investment Banks, Broker-dealers and Others Four Ways to Generate Interest in Their Reg A+ IPO Offerings

October 23, 2017 -- McLean VA  When the SEC’s JOBS Act’s Reg A+ rules went into effect in 2015, many in the capital raising industry anticipated that small investors would rush to participate in this new funding process for small- and medium-sized enterprises. However, the SEC Division of Economic and Risk Analysis’ recent report, Access to Capital and Market Liquidity, indicates that these expectations have fallen short of reality. more

Steven Wallman, FOLIOfn, Inc. founder and CEO, to Discuss Technology Decision-Making at T3 Enterprise Conference

October 20, 2017 -- McLean VA  Enterprise leaders know that they must embrace technology or risk losing their competitive advantage. However, many leaders are overwhelmed by the technology choices available to them and the steps needed to meet customers’ digital engagement expectations. more

Folio Institutional to Wirehouse RIAs: Breaking Away is Easier than You Think

October 4, 2017 -- McLean VA  As the financial services industry consolidates and the trend toward fee-based compensation continues to grow, more independent and wirehouse broker-dealer representatives and regional advisors are considering breaking away. This can be an exciting move for some advisors, but to others it may seem daunting. more

SRI Conference Showcases Best Practices, as SRI Goes Mainstream

September 12, 2017 -- Denver, CO  The SRI Conference will host its 28th annual gathering at the Hotel del Coronado in San Diego, California November 1–3, 2017. It is expected to draw a large, diverse group of progressive investment advisors, investment managers, and change agents who are creating positive impact throughout public and private businesses and capital markets. more

Alternative Investing Platforms Partner with VIA Folio to Gain Access to Investors and Online Brokerage, Clearing and Custody

August 11, 2017 -- McLean VA  Alternative investing platforms now use VIA Folio's fully integrated, online offering and brokerage platform to improve investor engagement and access to alternative assets, such as Reg A+ IPOs, Reg D private debt and equity and unlisted REITs. more

VIA Folio Processes Closing for Myomo, the First Exchange-Traded Reg A+ IPO

June 27, 2017 -- McLean VA  VIA Folio is pleased to announce that it has processed the closing of Myomo’s Reg A+ IPO, the first of its kind to be traded on a national exchange. more

77 RIA Firms Are Now Using Folio Institutional’s Advisor Connexion, a Turnkey Robo Advisor Solution

June 15, 2017 -- McLean VA Folio Institutional announced today that 77 RIA firms are using its Advisor ConnexionTM (AcX) robo advisor solution to improve client engagement and reduce administrative costs. more

Folio Institutional Offers Investment Advisors Three Tips on Growing a Business as a Fiduciary

June 7, 2017 -- McLean VA As the financial services industry continues to debate the Fiduciary Rule, Folio Institutional offers investment advisors three tips that can help them grow their business amid increasing compliance requirements. more

Folio Institutional Launches Redesigned Website to Broaden Reach to RIAs, Enterprises and Fintech Startups

June 6, 2017 -- McLean VA Folio Institutional has redesigned its public-facing website, with a new look-and-feel that showcases the firm’s innovative solutions for financial advisors, institutions and their clients. more

Folio Investing Acquires More than 200,000 Brokerage Accounts from LOYAL3

May 24, 2017 -- McLean VA Folio Investing has acquired more than 200,000 brokerage accounts from LOYAL3, a San Francisco-based online broker-dealer. Folio converted the LOYAL3 accounts to FolioFirst, the new home for LOYAL3 customers, on May 22, 2017. more

FOLIOfn, Inc. Partners with Humane Society of the United States, Offers Investors and RIAs New Animal-Welfare Security Filters

January 23, 2017 -- Mclean VA – FOLIOfn, Inc., the parent company of Folio Investing and Folio Institutional, has teamed up with The Humane Society of the United States (HSUS) to give investors and financial advisors the ability to avoid investing in companies known for behind-the-times animal welfare policies. more

Navy Federal Financial Group Partners with Folio Investing to Create Next Generation Digital Investing Services

November 30, 2016 -- Vienna VA – Navy Federal Financial Group (NFFG) is working with Folio Investing to power two new, innovative investing services: a unique self-directed, online investing platform for individual investors and a cutting-edge robo advisor.

FOLIOfn, Inc. Acquires Leading Responsible Investing RIA, First Affirmative Financial Network

November 1, 2016 -- Mclean VA and Colorado Springs, CO – FOLIOfn, Inc. announced today that it has acquired First Affirmative Financial Network, one of the nation’s most prominent registered investment advisor firms specializing in sustainable, responsible, impact (SRI) investing.

VIA Folio Now Supports Private Investing in Cannabis-Related Businesses

October 27, 2016 -- McLean VA — Investors and some cannabis-related businesses can now turn to VIA Folio for one-stop, capital raising and innovative brokerage solutions.

Infinity Financial Services Offers Folio Institutional Model Management Platform

August 11, 2016 -- Oakland CA — Infinity Financial Services now offers its financial advisors access to Folio Institutional’s Model Manager Exchange (MMX). MMX is an online network of investment models designed to help advisors achieve new levels of speed and transparency.

Folio Institutional’s Model Manager Exchange Adds Morningstar Managed Portfolios ETF and Mutual Fund Models

July 7, 2016 -- McLean VA — Folio Institutional has added 31 Morningstar® Managed Portfolios℠ ETF and mutual fund models to its Model Manager Exchange (MMX). Folio provides MMX, a network of thirdparty investment models, to registered investment advisors (RIAs) who seek more efficient, costeffective asset management solutions.

Folio Investing and Folio Institutional Offer A Way to Trade NextShares™

February 26, 2016 -- McLean VA — Folio Institutional and Folio Investing welcome financial advisors, institutions and their clients to the first brokerage platform where NextShares exchange-traded managed funds (NextShares) may be traded.

Folio Institutional Helps to Solve the Fiduciary Duty Puzzle with KTRADE

March 30, 2016 -- McLean VA — Folio Institutional, the comprehensive one-stop platform for registered investment advisors (RIAs) that combines clearing, custody and a broad array of innovative technology services, announced today that it has joined with North American KTRADE Alliance, LLC (KTRADE).

Folio Institutional’s Greg Vigrass to Discuss Adding Value in a Digital World At 2016 T3 Advisor Conference

February 8, 2016 -- McLean VA — Folio Institutional, registered investment advisor’s (RIA) single-source solution for clearing, custody and innovative technology services, announced today its president, Greg Vigrass, will present his perspectives on the robo industry at the 2016 T3 Advisor Conference.

Folio Institutional Identifies Top Wealth Management Industry Trends for 2016 Significant Changes in FinTech, Behavioral Finance and Compliance Requirements Among Likely Developments in 2016

December 21, 2015 -- McLean VA — As the wealth management space continues to grow and strengthen, several trends are emerging that will define an advisor’s ability to attract and deliver value to clients. Folio Institutional, a leading provider of custody and brokerage services to financial professionals and institutions nationwide, servicing billions of dollars in assets, today released its inaugural list of Top Advisor Industry Trends.

D.C.-Based Matchbox Food Group LLC Places Debt Offering on Newly Launched VIA Folio Private Capital Network

September 21, 2015 -- McLean VA — Folio Investing and Folio Institutional today announced the launch of VIA Folio: Folio’s Private Capital Network, an online equity and debt funding platform designed to connect investors, brokers and advisors with private companies seeking funding.

Folio Announces Plans to Offer NextShares™ Exchange-Traded Managed Funds

September 8, 2015 -- McLean VA — Folio Investing and Folio Institutional, leading online brokerage services for individual investors, financial advisors, institutions and their clients, today announced plans to be the first broker-dealer to offer NextShares™ exchange-traded managed funds directly to individual investors, advisors and institutions.

Folio Institutional Welcomes Curian Capital Advisors, Offers Seamless Migration Path

August 3, 2015 -- McLean VA — In the wake of Curian Capital’s recent decision to stop accepting new advisory clients, Folio Institutional, an online brokerage platform designed for advisors and brokerdealers, is offering an easy and seamless migration path to assist in quickly placing clients on its modern, fractional-share, multi-sleeve portfolio management platform.

Folio Investing Acquires Accounts of BUYandHOLD
Pioneering Brokerage Firm Continues to Expand Retail Business and Commitment to Provide DIY Investors with a Smart Alternative to Fad Investing

February 19, 2015 -- McLean VA — Folio Investing announced today that it has acquired the accounts of the online brokerage firm BUYandHOLD effective February 17, 2015. For over 15 years Folio Investing has been an innovator in online brokerage services offering retail investors a way to participate in the securities market and achieve meaningful diversification, regardless of account size.

Folio Introduces Another Breakthrough Technology Tool For Advisors
Advisor Dashboard, a web-based practice management and productivity tool, streamlines advisors’ day-to-day operations and increases efficiencies and account servicing with a customizable, holistic business view

January 28, 2015 -- McLean VA — Folio Institutional, a division of Foliofn Investments, Inc., announced today the launch of its Advisor Dashboard, a web-based productivity tool that helps advisors and home office administrators manage their businesses more quickly and efficiently. An innovative approach to a classic tool, Advisor Dashboard offers more than 60 customizable widgets, offers advisors actionable insights to help them better understand and react to the health of their business, reduce errors and increase client satisfaction.

2,000 commission-free trades offered to Folio Investing Basic Account Clients
Free access to Folio’s proprietary Windows Trading Platform, fractional shares, and 160 Ready-to-go-Folios

January 26, 2015 -- McLean VA — Folio Investing today announced a special offer for all of its Basic Plan customers. Until April 30, 2015 all of these accounts will be upgraded to Folio’s Unlimited Plan at no additional charge. 

Folio Institutional launches Private Placement Custody Platform for Brokerages, Funding Portals, Issuers, Investors and Advisors
API driven online offering streamlines the entire offering process.

October 23, 2014 -- McLean VA — Folio Institutional today announced the availability of the Folio Private Placement Platform—an innovative REST API driven private offering and custody platform that enables a seamless online brokerage experience. The depth and breadth of the platform make it ideal for firms that have, or are building their own platforms to facilitate offerings from private issuers to eligible investors.

Folio Institutional Rolls Out State-Of-The-Art Technology To Transform The Way Advisors Do Business
Arms RIAs and IBDs with a powerful new competitive advantage; enhances the investor experience while automating advice and account servicing

August 11, 2014 -- McLean VA — Folio Institutional, a division of Foliofn Investments, Inc., today announced Advisor Connexion, a unique technology platform that gives advisors a powerful new competitive advantage—a wholly automated client offering that will also substantially lower the advisor’s operational costs—allowing firms to vastly expand the markets they currently serve. more

Folio Investing Celebrates Its Target Date Folios’ Five-Year Record of Outperformance
Folio Investing’s Successful ETF-Based Alternative to Legacy Target-Date Funds Offers Superior Diversification, Risk Targeting and Flexibility; Firm Seeks Distribution Partner to Broaden Availability

MCLEAN, Va., Jan. 24, 2013 — Folio Investing announced today that, over the five years since they were brought to market in December 2007, its Target Date Folios have significantly outperformed traditional target-date funds. The Folios have provided both higher returns and lower volatility than the competing funds during this tumultuous period.

Next Generation Portfolio Unitization Solution Announced by Folio Institutional and unitZXchange
Will Boost Use of ETFs and Mixed Model Portfolios by Qualified Retirement Plans

McLEAN, Virginia, February 14, 2012 — A next generation portfolio unitization service was announced today by Folio Institutional and unitZXchange LLC. This service allows investment advisors, model managers, and recordkeepers to more efficiently provide customized model portfolios, including mixed model portfolios, to retirement plan sponsors and participants.

Conventional Target Date Design Becoming Obsolete, Says Folio Institutional
Custodian’s Innovative Risk-Based Structure Better Serves Target Date Investors’ Needs

McLEAN, Virginia, July 18, 2011 — While many leading Target Date Funds have adjusted their asset allocations to repair recently identified deficiencies, the largest funds still appear to follow an outdated design approach, according to asset custodian Folio Institutional.

Next-Generation Target Date Investments Outperform Traditional Funds
ETF-Based Approach Offers Custom Risk Levels, from “Conservative” to “Aggressive”

McLEAN, Virginia, February 17, 2011 — A series of Target Date investments based on an innovative asset allocation strategy significantly out-performed the industry over the past three years, while delivering more personalized risk levels for investors, according to FOLIOfn Investments Inc.

Folio Institutional Expands National Sales Staff

McLEAN, Virginia, January 6, 2011 — Asset custody provider Folio Institutional has completed a significant expansion of its national executive sales staff, with the addition of three regional vice presidents.

Folio Institutional Announces 3rd Quarter’s Top 5 RTG Folios

McLEAN, Virginia, October 21, 2010 — Portfolios consisting of the stock of Internet companies or the securities of foreign firms constitute Folio Institutional’s Top 5 performing Ready-to-Go Folios of the Third Quarter, the asset custodial firm announced today.

Folio Institutional Opens Model Portfolio Exchange Online Clearinghouse Facilitates Licensing of Advisors’ Strategies

McLEAN, Virginia, September 29, 2010 — Financial advisors working with custodial firm Folio Institutional can now access the investment expertise of some of the industry’s leading portfolio managers via a new online marketplace.

Folio Institutional Announces 2nd Quarter’s Top 5 RTG Folios

McLEAN, Virginia, July 27, 2010 — Underscoring the stock market’s volatility in the second quarter, asset custodian Folio Institutional today announced that each of its Top 5 performing Ready-to-Go Folios for the quarter were either bear market or bond Folios.

Folio Institutional Adds RPG Consultants as Record Keeper/Administrator
Alliance Eases Use of ETFs as Retirement Plan Investments

McLEAN, Virginia, June 23, 2010 — Folio Institutional today announced that New York-based RPG Consultants has become the newest third party administrator option for Folio Institutional’s financial advisor clients. This new strategic relationship will facilitate advisors’ use of exchange-traded funds (ETFs) in 401(k) plans and other types of defined contribution retirement plans.

Groundbreaking 401(k) Alternative Announced by Folio Institutional and ABG Carolinas
Low-Cost Folio(k) Eliminates Shortcomings of Traditional 401(k) Plan

McLEAN, Virginia, March 9, 2010 — Folio Institutional, a division of online brokerage FOLIOfn Investments Inc., in combination with Alliance Benefit Group Carolinas, the retirement plan recordkeeping and administration firm, today announced the launch of Folio(k) — a revolutionary 401(k) platform whose transparency, customization, simplicity, and low cost allows financial advisors to provide a more effective solution to retirement plan sponsors.

Klear(k)™ — The Rx for Retirement Plans
Finally, A Fully Transparent, Cost-Efficient 401(k) Plan

WILMINGTON, Delaware, July 7, 2009 — Longview Financial Advisors, LLC and Folio Institutional announce today that Longview Financial Advisors has launched Klear(k)™, a revolutionary new retirement plan program that gives plan sponsors a better way to access Exchange Traded Funds (“ETFs”) thru FOLIOfn’s investment platform. Longview Financial Advisors is an SEC Registered Investment Advisor providing financial advisory services to individuals and retirement plans. Folio Institutional is a division of FOLIOfn Investments, Inc. and delivers innovative investment solutions to financial professionals and institutions.

A Message to Our Clients Regarding the Current Situation in the Financial Markets

October 2008 — In these times of unprecedented financial uncertainty, it is important that your clients are able to remain focused on investing wisely and staying the course. FOLIOfn Institutional was created to provide financial advisors a cost-effective way to create and distribute well-diversified portfolios and strategies which they can use to manage their clients’ assets.

Efficient Market Advisors Launches Pioneering 403b Offering Powered by the FOLIOfn Portfolio Trading System

SAN DIEGO, California and VIENNA, Virginia, September 11, 2008 — Efficient Market Advisors, LLC (EMA), the nation’s premier Exchange Traded Fund (ETF) separate account manager, announces the launch of the first 403b program offering professionally managed portfolios of ETFs. The Efficient 403b is registered with, the California School Employee Retirement Product Information Bank. The above-mentioned registration does not imply any endorsement or evaluation of the offer by the California State Teachers’ Retirement System (CalSTRS), which administers 403b CalSTRS is the largest teachers’ retirement fund in the United States. Other states are expected to explore new 403b alternatives.

Zacks Investment Management Announces Innovative and Fully Disclosed Solution for Mid-Size Retirement Plan Market Made Possible by FOLIOfn Platform

CHICAGO, Illinois and VIENNA, Virginia, August 14, 2008 — Zacks Investment Management, an independent Registered Investment Advisor based in Chicago, Ill., is pleased to announce their entry into the mid-size retirement plan market, offering the same low-cost separately managed account (SMA) structure that they use in their private client business. Zacks Retirement Plan Solutions, a service offering of Zacks Investment Management, currently manages hundreds of micro and small defined benefit (DB) and defined contribution (DC) plans, all within a separately managed account structure utilizing Zacks Private Client investment strategies.

Alliance Benefit Group Carolinas Partners with FOLIOfn Institutional To Offer New Retirement Plan Solutions

CHARLOTTE, North Carolina and VIENNA, Virginia, June 24, 2008 — Alliance Benefit Group Carolinas, LLC, a leading provider of retirement plan consulting and recordkeeping services, announced today it has entered into a strategic partnership with FOLIOfn Institutional, a division of FOLIOfn Investments, Inc. Based in Vienna, Va., FOLIOfn was founded in 1998 by Steven Wallman, a former commissioner at the Securities and Exchange Commission (SEC).

FOLIOfn Teams with Genocide Intervention Network and Launches First Ever Genocide-Free Stock Screening Tool 

VIENNA, Virginia, May 12, 2008 —The Genocide Intervention Network and FOLIOfn Investments are proud to announce the launch of the first stock screening tool that empowers investors to build investment portfolios free of companies profiting from and supporting genocide in Sudan. This tool enables individual investors and investment advisors to automatically screen out companies on the Genocide Intervention Network’s “Highest Offenders” list—the companies that support conflict in Sudan at the expense of the country’s marginalized populations. Currently, only a handful of these “highest offender” companies are currently tradable at FOLIOfn Investments, Inc. but the screen will ensure that they, and any others subsequently included on the list, are automatically screened out of portfolios by those utilizing the new screen. In addition, FOLIOfn Investments, Inc. will use the screen in the preparation of its own Ready-To-Go Folios that FOLIOfn Investments offers free of charge to its customers.

F-Squared Investments Announces a “Next Generation” Separately Managed Account: Industry Break-Through Account Minimums of $15,000 and All-In Fees of 0.55%

WELLESLEY, Massachusetts, May 05, 2008 — F-Squared Investments, LLC has announced a “next generation” separately managed account, which they have dubbed the Individually Managed Account (IMA). With investment minimums of $15,000 and all-in fees to advisors of 0.55% per annum (inclusive of all costs including trading, custody, performance reporting, and transaction costs), the IMA is a true break-through product which is poised to reposition separate accounts within the industry.

FOLIOfn Launches Bear Market Folios Designed to Increase in Value as Market Declines

VIENNA, Virginia, March 26, 2008 — FOLIOfn, Inc., the innovative online brokerage firm and provider of investment products, launched three Bear Market Folios last month, which are designed to increase in value as the broad market declines (and vice-versa). The Folios are comprised of a variety of inverse mutual funds and ETFs.

FOLIOfn Launches “Low Volatility” Folios: About Half the Volatility of the S&P 500, But With Strategic Exposure to Equities

VIENNA, Virginia, March 19, 2008 — FOLIOfn, Inc., the innovative online brokerage firm and provider of investment portfolios, launched two Low Volatility Folios last month, which have the goal of offering about half the volatility of the S&P 500, while still retaining strategic exposure to equities to boost long-term expected returns.

FOLIOfn Launches Target Date Folios to Meet Investors’ Retirement Needs: Called a “Fix” to the “One-Size-Fits-All Approach of Target-Date Funds” by The Wall Street Journal

VIENNA, Virginia, March 13, 2008 — FOLIOfn, Inc., the innovative online brokerage firm and provider of investment portfolios, recently launched a suite of Target-Date Folios to meet investors’ retirement needs and furnish an alternative to target date mutual funds. In a major article published on December 27, 2007, The Wall Street Journal cited these Folios as a “fix” to the “one-size-fits-all approach of target-date funds.”

FOLIOfn, Innovative Online Brokerage Firm, Actively Licenses Patents and Technology

VIENNA, Virginia, February 19, 2008 — FOLIOfn, Inc., a leader in the online brokerage industry, has been actively licensing its patents and/or its technology to other companies. It has provided licenses for use in the advisor channel in the U.S., as well as for general use in Japan.

FOLIOfn, Innovative Online Brokerage Firm, Licenses Patents To Sharebuilder

VIENNA, Virginia, February 7, 2008 — FOLIOfn, Inc., a leader in the online brokerage industry, has licensed a subset of its patents to Sharebuilder Corporation (, for limited use in the U.S. and Canada. This is the third time that FOLIOfn ( has licensed its patents and/or its technology to other companies. Previously, it has provided licenses for use in the advisor channel in the U.S., as well as for general use in Japan.

FOLIOfn Partners with ICLUBcentral: A Perfect Marriage for Smarter Investing

VIENNA, VIRGINIA JAN. 9, 2008 — FOLIOfn, the innovative online brokerage firm, and ICLUBcentral, the leading provider of accounting software and online analysis tools for investors and investment clubs, announced a new partnership designed to benefit investors.

Folio Investing Helps Avoid Year-End Tax Bite of Mutual Funds: A Problem Investors May Not Be Aware Of

VIENNA, Virginia, December 12, 2007 — People who want to reduce their tax bill next April should start taking steps now, before the end of the year—and that includes tallying up the gains and losses from their investments. Investors with mutual funds in their taxable portfolios may find themselves hit with an unexpected tax bite. Each year, mutual funds are required by Federal law to distribute at least 98% of realized capital gains, interest, and dividends received to all shareholders. Investors can be hit with a taxable gain on a mutual fund, even if they’ve only held the fund for a day, or if the fund has had a loss for the year. Mutual funds can cause tax problems because investors have no control over when and how much their funds realize in gains. This is a problem investors may not be aware of.

Transamerica Financial Advisors Announces Alliance with FOLIOfn Institutional for New ETF Program

LOS ANGELES, September 27, 2007 — Transamerica Financial Advisors, Inc. (“Transamerica”) announced the selection of FOLIOfn Institutional to launch its new Transamerica I-Series℠, a separately managed account program utilizing Exchange Traded Funds (ETFs).

Two Leading Wall Street Experts, Clients of FOLIOfn, to Speak at “The Money Show” in Washington, DC

VIENNA, Virginia, September 5, 2007 — FOLIOfn, Inc., an innovative online securities firm, announced today that two Wall Street experts—both clients of their FOLIOfn Institutional division—will give presentations at The Money Show on Sept. 6–8, 2007 in Washington, DC. Ken Kam, Portfolio Manager for Marketocracy Masters 100 Fund, and John Reese, Founder and CEO of and Validea Capital Management, will be among the 50 leading financial experts slated to address this major investment forum. About 5,000 financial professionals and investors from all over the country are expected to attend the event, to be held at the Wardman Park Marriott.

Exclusive Financial Services for First Responders Available at Fire-Rescue International

ATLANTA, Georgia, August 24, 2007 — First responders attending the Fire-Rescue International conference will be able to learn about exclusive financial services available to them from executives of the countrys only company dedicated to serving their financial needs.

FOLIOfn to Sponsor Major Investment Education Conference in California

VIENNA, Virginia, August 8, 2007 — FOLIOfn will be a sponsor of a major investment education conference called InvestEd in Costa Mesa, Ca. The conference—scheduled for August 18–19—will attract about 300 officers of investment clubs representing thousands of members in investment clubs from across the country. They will gather for a weekend of seminars about the latest trends in better investing, including stock analysis, software and portfolio strategies.

Archie Richards, Expert on ETFs, to Address Major African Investment Forum — Names FOLIOfn as: “The Best U.S. Brokerage Firm for Long-Term Investing”

VIENNA, Virginia, July 25, 2007 — Archie M. Richards, Jr., newspaper columnist and author of the authoritative book Understanding Exchange Traded Funds (McGraw-Hill, 2007), will address 300 investors and representatives from major African investment firms in Johannesburg on July 30–31. Although his key message is that ETFs are an excellent way to buy the market, he will declare that, in his opinion, FOLIOfn is “the best U.S. brokerage firm for long-term investing.”


FOLIOfn Promotes Greg M. Vigrass to Newly Created Position of President and CEO of FOLIOfn Institutional

VIENNA, Virginia, September 15, 2006 — FOLIOfn Investments, Inc., recognized as one of the country’s most innovative online brokerage and investment companies, announced today that Greg M. Vigrass has been promoted to the newly created position of President and CEO of FOLIOfn Institutional.

Pentagon Federal Credit Union Names FOLIOfn As Its Exclusive Online Brokerage Provider

ALEXANDRIA, Virginia and VIENNA, Virginia, October 17, 2005 — Pentagon Federal Credit Union, the nation’s third largest credit union, and the Internet-based brokerage FOLIOfn Investments, Inc., today announced that FOLIOfn has become the exclusive provider of online brokerage and investment services for the credit union’s members. Pentagon Federal Credit Union has 650,000 members and is a product and service leader in the credit union industry. Its membership includes both active and retired U.S. Army, Air Force, Coast Guard and Department of Homeland Security personnel and their families, as well as VFW members and their families.

FOLIOfn and KPMG to Offer Turn-Key Managed Account Program for Financial Services Firms

VIENNA, Virginia, March 21, 2005 — FOLIOfn, Inc., the innovative, Web-based broker-dealer and separately managed accounts platform firm, today announced it is working with audit, tax and advisory firm KPMG LLP to offer a turn-key wealth management program that will give financial services firms the ability to easily and cost-effectively provide managed account programs for their clients. The new Managed Asset Services program is targeted to investment advisory firms, independent broker-dealers, brokerage operations within other financial services firms, and bank trust and private client services units. and FOLIOfn Join Forces to Offer “ Folios”

NEW YORK, New York and VIENNA, Virginia, October 13, 2004 —, Inc. (Nasdaq:TSCM), a leading multimedia provider of financial commentary, research, analysis and news, today announced that it has teamed with FOLIOfn, Inc., an online investing firm and financial services technology provider, to create “ Folios.” This new approach to investing combines the financial expertise found in’s premium subscription products with FOLIOfn’s patented portfolio investing system’s low-cost and fractional shares trading advantages. The program will kick-off with the launch of the “Action Alerts PLUS Folio,” available at, which is designed to make investing easier and more convenient for a diverse range of self-directed investors.

Nirvana Systems Recommends FOLIOfn as Broker for Its Omni Trader Users

VIENNA, VA, June 16, 2004 — FOLIOfn, the innovative online brokerage firm and financial services technology provider, announced it has cooperated with Nirvana Systems, the developer of OmniTraderTM technical analysis software, to allow OmniTrader users to interface with FOLIOfn’s brokerage Web site from within OmniTrader. The interface will allow OmniTrader users to more efficiently build and trade their portfolios. and FOLIOfn to Offer Reuters Select Folios

VIENNA, Virginia, May 11, 2004 — FOLIOfn, Inc., the innovative online brokerage firm and financial services technology provider, today announced it has teamed up with to market Reuters Select Folios—investment portfolios that combine the benefits of’s stock screening expertise with FOLIOfn’s low-cost, fractional shares trading and portfolio management technology. The Folios, which are available exclusively through FOLIOfn at, for the first time make it practical for all investors to cost-effectively implement complete portfolio strategies based on independent investment research.

FOLIOfn and Nikko Create Japan’s First Managed Account Program

VIENNA, Virginia, March 29, 2004 — FOLIOfn, Inc., an innovative online brokerage and financial services technology firm, said today that it has formed a partnership with Nikko Cordial Corporation, one of Asia’s largest financial services groups, that will enable Nikko to use FOLIOfn’s advanced portfolio management and trading technology to create and market the first separately managed account programs ever to be offered in Japan. Nikko will launch its marketing effort for the separately managed account offering, to be called “Premier-port,” in April.

FOLIOfn Builds Mutual Fund Supermarket

VIENNA, Virginia, September 30, 2003 — FOLIOfn, Inc., the innovative online brokerage firm and financial services technology provider, announced that it has expanded its open-ended mutual fund offering on its FOLIO Advisor and FOLIO Manager platforms to create a one-stop shopping solution for financial advisors as well as separately managed account (SMA) and mutual fund wrap sponsors. The FOLIO Advisor platform has been unique in allowing advisors along with SMA and wrap sponsors to create and manage diversified portfolios of securities for multiple clients on a highly cost-effective basis. Furthermore, the FOLIO Manager platform offers the most efficient SMA platform in the market.

FOLIOfn Awarded a Patent for its Unique Method of FOLIO Investing

VIENNA, Virginia, September 12, 2003 — FOLIOfn, Inc., an innovative online brokerage firm and financial services technology provider, announced that it has received patent #6,601,044 on its proprietary window trading functionality. This is the fifth patent that FOLIOfn has been granted since its inception in 1998.

FOLIOfn Annouces its Expanded Institutional Sales Efforts

NEW YORK, New York, March 31, 2003 — FOLIOfn, Inc., an innovative financial services and technology provider, announced that it is dedicating new resources to its sales effort for FOLIOfn Institutional. Gordon Henderson has been appointed as President, FOLIOfn Institutional, responsible for licensing and offering FOLIOfn technology and technology services to larger financial services companies, including broker-dealers, insurance companies, mutual funds and banks. In addition, Greg Vigrass has joined as Vice President, Institutional Sales, and will be spearheading FOLIOfn’s sales efforts with financial advisors and advisory firms, money managers, and mutual funds and others participating in the Separately Managed Account (SMA) industry.

FOLIOfn Enters into Multi-Million Dollar Licensing Transaction with a Gloval Financial Services Company

VIENNA, Virginia, August 28, 2002 — FOLIOfn, Inc. today announced that it is licensing its software and intellectual property to a major multi-national financial services company for use in a foreign market. The license arrangement is expected to bring in several million dollars in revenue during the balance of 2002 and into 2003.

FOLIOfn Announces New Sales and Marketing Initiatives

VIENNA, Virginia, August 12, 2002 — FOLIOfn, Inc. today announced plans to expand its sales and business development efforts in response to recent product enhancements and the increased interest in the use of FOLIOfn technology. Interest is coming from financial advisors, mutual funds, and participants in the Separately Managed Account (SMA) industry.

More Than 600 Credit Unions Now Offering MEMBERS FOLIO Investing

Vienna, VA/Madison, WI, July 30, 2002 — FOLIOfn, Inc. announced today that the MEMBERS FOLIO Investing℠ program has quickly hit another important milestone—more than 600 credit unions now offer the value-added service. This service allows credit union members to easily and affordably buy individual securities, as well as entire baskets of securities, in one transaction.

FOLIOfn Platform to be Used by John Hancock Advisors and Sovereign Asset Management Corporation

VIENNA, Virginia, July 30, 2002 — FOLIOfn announced today that John Hancock Advisers and Sovereign Asset Management Corporation will manage model portfolios called Model Folios on the FOLIOfn platform. The two money management firms are part of the John Hancock Private Client Group and will make these Model Folios available to other advisory firms through, an advisor and managed account service.

FOLIOfn Launches New SMA Technology — FOLIO Allocator℠ 

VIENNA, Virginia, July 23, 2002 — FOLIOfn today announced FOLIO Allocator℠, its innovative, next-generation technology SMA (Separately Managed Account) product. This technology product will provide advisors, money managers, mutual fund companies, wrap sponsors and others with a unique and innovative way to deliver mass customizable higher-level client services more efficiently.

More than 500 Credit Unions Offering MEMBERS FOLIO Investing

VIENNA, Virginia and MADISON, Wisconsin, June 6, 2002 — The MEMBERS FOLIO Investing℠ program has hit an important milestone: More than 500 credit unions now offer the groundbreaking service, which allows credit union members to easily and affordably buy individual securities, as well as entire baskets of securities, in one transaction. This far surpasses the April 2002 goal of 400 credit unions offering the service.

FOLIOfn Offers the Lowest Trades with No Minimums; Introducing $4.00 Buys and Sells

VIENNA, Virginia, April 26, 2002 — FOLIOfn, the pioneer of FOLIO Investing and other financial innovations, launched a new $4 pricing plan to attract a growing target audience, beginning online investors who want to “pay as they go” and trade for a minimal cost.

FOLIOfn Concludes Transaction to Repurchase Securities

VIENNA, Virginia, March 18, 2002 — FOLIOfn, the company that pioneered Folios and other financial innovations, has repurchased a variety of debt and equity securities from a former investor.

Quick & Reilly Partners with FOLIOfn to Launch Q FOLIO Investing

NEW YORK, New York, January 9, 2002 — Quick & Reilly and FOLIOfn today announced that they have as partners launched Q Folio Investing™, a specially tailored version of FOLIO Investing℠, to Quick & Reilly’s customers. Quick & Reilly is one of the nation’s leading brokerage firms and a FleetBoston Financial (NYSE: FBF) company. FOLIOfn is the financial services innovation company that, among other things, pioneered a new way to invest based on customized securities portfolios called “FOLIOs℠.”

FOLIOfn Introduces Unique New Pricing Plan

VIENNA, Virginia, October 29, 2001 — FOLIOfn, the financial services company that pioneered stock basket investing and other innovations, has introduced a unique new pricing plan for its FOLIO Investing℠ service in which investors pay fees only for the months following those in which the stock market rises.

FOLIOfn, ICLUBcentral Offer Investment Clubs a New Way to Invest

VIENNA, Virginia and CAMBRIDGE, Massachusetts, October 4, 2001 — FOLIOfn, the creator of a new way to invest based on “FOLIOs℠,” or baskets of stocks, and ICLUBcentral, the market leader in investment club products, are joining forces to give investment clubs a new, easy, and affordable way to build, manage, and monitor securities portfolios online.

Brinker Capital Selects FOLIOfn’s Institutional Platform to Meet Growing Demand

KING OF PRUSSIA, Pennsylvania and VIENNA, Virginia, August 8, 2001 — Brinker Capital (, the nation’s oldest independent provider of managed account services for investment advisors, has chosen FOLIOfn ( as a back-office trading, custody, and accounting platform for Brinker Capital’s managed account programs. Brinker Capital, with over $3 billion in assets under advisement, provides financial advisors with access to world-class investment managers and works with advisors to develop customized investment strategies for their clients. FOLIOfn Institutional, a division of FOLIOfn, offers a wide range of services for financial professionals and institutions, including an efficient and flexible way to offer managed accounts using the company’s totally integrated operating platform.

Industry Expert Alan Sislen Advises FOLIOfn on Managed Account Business and Product Development 

VIENNA, Virginia, July 9, 2001 — FOLIOfn, Inc. ( and announced today that Alan M. Sislen, a nationally recognized expert on the managed account business, has agreed to assist the company in expanding its managed account business, including the development of new products.

FOLIOfn Launches Enhanced Technology Platform for Investment Advisors and Money Management Professionals

VIENNA, Virginia, June 12, 2001 — FOLIOfn, Inc. ( and today announced the launch of an exciting new portfolio investing and management tool. The new product, which has been added to the FOLIO Advisor℠ platform, allows advisors and money managers easily and in one step to create and subscribe multiple clients with individual preferences to stock portfolio models. Advisory and money management firms can also create, publish, and manage models for their advisors to use.

FOLIOfn Announces FOLIO Wizard Investor Assistance Tool; New Folio Categories Include REITs, Wall Street Analyst Picks, and Bonds

VIENNA, Virginia, March 6, 2001 — FOLIOfn, the innovative financial services company and originator of FOLIO Investing℠, which allows investors to create and trade personalized portfolios of individual stocks at the click of a mouse, as well as trade commission-free in twice-daily windows, has added a wide range of features, including a tool to help investors select FOLIOs℠—or baskets of stocks—to meet their investing objectives.

Advent Software, Nomura Make Strategic Investments in FOLIOfn

VIENNA, Virginia, February 28, 2001 — FOLIOfn, the online brokerage that invented FOLIO Investing℠., today announced that it has received strategic investments from Advent Software, Inc. (NASDAQ: ADVS), the leading provider of enterprise investment management software, and Seichou Technology Fund, a Nomura investment asset.

Advent Software Announces Alliance with FOLIOfn

SAN FRANSCISCO, California and VIENNA, Virginia, January 10, 2001 — Advent Software, Inc. (NASDAQ: ADVS), the leading provider of enterprise investment management software, and FOLIOfn (, the creator of the unique FOLIO Investing℠ service, today announce a strategic alliance under which FOLIOfn will be the exclusive provider of Folios (custom baskets of stocks) through the Advent Office™ portfolio accounting and management system licensed by more than 6,000 investment management firms.

FOLIOfn Launches FOLIO Advisor

VIENNA, Virginia, January 10, 2001 — FOLIOfn, Inc. ( today announced the launch of FOLIO Advisor℠ (, an easy-to-use, affordable alternative to existing separately managed accounts. Also today, FOLIOfn announced an exclusive partnership with Advent Software, Inc. (NASDAQ: ADVS).

FOLIOfn Teams with WR Hambrecht + Co to Make IPOs More Accessible to Investors

VIENNA, Virginia, January 5, 2001 — FOLIOfn, Inc. announced today that its members will have the opportunity to participate in initial public offerings (IPOs) through WR Hambrecht + Co’s OpenIPO, a new, more accessible way to take companies public using an auction-based model. FOLIOfn has also added a new IPO Center where interested members can sign up to receive alerts when an IPO becomes available, learn more about offerings, and bid on those offerings.

Cuna Mutual Group and MEMBERS Development Company Partner with FOLIOfn

MADISON, Wisconsin, December 20, 2000 — CUNA Mutual Group, working with MEMBERS Development Company, LLC, announced an exclusive partnership to offer FOLIOfn’s innovative new product, FOLIO Investing℠, to credit unions and their members throughout the country.

AFP and FOLIOfn Join to Deliver FOLIO Investing Services to More than 14,000 Financial Officers

BETHESDA, Maryland, October 25, 2000 — The Association for Financial Professionals (AFP,, which represents more than 14,000 financial officers, announced today that its members will receive special access to FOLIO Investing℠. This service allows investors to buy and trade personalized portfolios of stocks, called “Folios,” with no minimums, commissions or asset-based fees, and is available as a retail service and for company 401(k) plans or as an employee benefit.

NAIC Presents Government Service Award to FOLIOfn VP for Content and Investor Education

VIENNA, Virginia, August 22, 2000 — During its annual Investors Congress and Expo, the National Association of Investors Corporation (NAIC)’s Investment Education Institute (IEI) presented Nancy M. Smith with its “Dutch Shoe” award in recognition of her outstanding contributions to the field of investment education. The NAIC is a non-profit association dedicated to investment education for individuals and investment clubs, founded in 1951.

Transcript of America Online Chat with FOLIOfn CEO Steve Wallman

Question: What prompted you to develop FOLIOfn in its present format?
SW: We wanted to come up with a better way for investors to invest that would combine the benefits of diversification and the benefits of direct stock ownership.

 American Century Ventures Makes Strategic Investment in Innovative Online Financial Services Company FOLIOfn

KANSAS CITY, Missouri, July 11, 2000 — American Century Ventures, the strategic investment group for American Century, today announced an investment in FOLIOfn (, a Vienna, Va.,-based online financial services company.

meVC Draper Fisher Jurvetson Fund I Invests $15 Million in FOLIOfn

SAN FRANCISCO, June 22, 2000 — meVC Draper Fisher Jurvetson Fund I, an information technology venture capital fund providing individual investors access to private equity investments (NYSE: MVC), today announced a $15 million mezzanine investment in FOLIOfn, ( a new online company that is creating a series of innovative financial services products. The Fund, which closed in March 2000 and will begin trading no later than June 26, 2000 on the New York Stock Exchange under the symbol “MVC,” is the first in what will be a family of meVC venture capital funds created to give individual investors the ability to diversify their investment portfolios and participate in private equity investments.

FOLIOfn Launches Revolution in Online Investing

Vienna, Virginia, May 24, 2000 — FOLIOfn, Inc. ( today officially opened its virtual doors for business, offering for the first time a unique new system that will change for the better the way people invest in the stock market.

FOLIOfn Joins Security Industry Association

Vienna, Virginia, April 15, 2000 — FOLIOfn, Inc. ( today announced that it has been admitted as a member of the Securities Industry Association. SIA is the securities industry’s trade association, representing the business interests of about 750 securities firms in North American, which collectively account for about 90 percent of securities revenue in the U.S. FOLIOfn is also a member of the Financial Industry Regulatory Authority (NASD).

New Company to Offer Innovative Online Financial Products and Services to Benefit Individual Investors

Vienna, Virginia, March 2, 2000 — FOLIOfn, Inc. ( officially launched today, announcing plans to develop an array of Internet-based financial services for individual and smaller institutional investors. At a news conference in New York City, company officials pledged to leverage the full power of the Internet to create innovative products and services to benefit these investors.

FOLIOfn Introduces FOLIO Investing, A Revolutionary New Way for Individuals to Invest

Vienna, Virginia, March 2, 2000 — FOLIOfn, Inc. ( today announced a revolutionary new system that will change, for the better, the way people invest in the stock market. FOLIO Investing, the company’s first product, harnesses the power of the Internet so that individual investors can buy and sell entire stock portfolios with just a few mouse clicks, instead of having to pick individual stocks or mutual funds.