Steven Wallman is Founder and CEO of Folio Financial, Inc., the parent company of Folio Investing, Folio Institutional, VIA Folio, First Affirmative Financial Network and The SRI Conference. Together, these three Folio brands deliver innovation that benefits investors and those who serve them. Folio Investing is the brokerage focused on helping individuals invest in a smarter, more diversified, customized, cost-efficient, and tax-efficient way. Folio Institutional provides fully-integrated trading, custody, and clearing solutions to registered investment advisors, other broker-dealers, and institutions, servicing many billions of dollars of investor assets. Folio’s patented technology helps investors of all types and with all ranges of account sizes create customized and diversified portfolios, make cost-efficient trades, and benefit from one-of-a-kind tax management tools. VIA Folio is an innovative private investment platform that makes it easy for portals, issuers, brokers and advisors to engage with private debt and equity offerings.
Mr. Wallman is a recognized authority on securities markets, trading, and the application of technology to financial services. He is currently a member of the FINRA FinTech Committee and recently served on the SEC’s Investor Advisory Committee, where he chaired the Market Structure Subcommittee. Before founding Folio, Mr. Wallman was an SEC Commissioner from 1994 to 1997. His tenure there was characterized by advocacy on behalf of individual investors. Previously, he was a partner at the law firm of Covington & Burling. He earned his Juris Doctor degree from Columbia University, and holds two degrees from the Massachusetts Institute of Technology.
Greg Vigrass is President of Folio Institutional. He joined the company in 2003, and oversees all corporate sales and business development activities with financial advisors, money managers, mutual fund companies and other financial institutions. He is a noted expert on digital advisory services, SRI industry perspectives, brokerage technology, and risk mitigation.
Mr. Vigrass previously served as Vice President, Sales and Marketing for GlobeNet Capital Corp. Prior to that he worked for 10 years at Charles Schwab & Co. Inc., spending significant time in senior level institutional sales and service roles at Schwab Institutional. He holds a BA from the University of Hawaii, and has more than 20 years of experience in the financial services industry.
Blaine McLaughlin is Chief Operating Officer of VIA Folio, an innovative private investment platform that makes it easy for portals, issuers, brokers and advisors to engage with private debt and equity offerings. VIA Folio supports the issuance and secondary transactions in private equity and debt investments and other unlisted securities. He joined Folio in 2007, and has led initiatives across retail customer acquisition and management, partnerships, licensing, portfolio acquisition, introducing broker services, and various business development activities for Folio Investing.
Mr. McLaughlin previously served as a Director of Marketing and Analysis for Capital One's credit card and direct banking divisions, and as an officer in the U.S. Navy. He has more than 15 years of experience in the financial services industry, holds a BA in economics from the University of California at San Diego, and an MBA from the Wharton School at the University of Pennsylvania.
George R. Gay CFP®, AIF® is Chief Executive Officer of First Affirmative Financial Network, LLC and a member of its investment committee. He is a well-known expert in sustainable, responsible, and impact (SRI) investment management, and fiduciary duty and ethical practices in the investment services industry. He also mentors financial planners and investment advisors.
Mr. Gay joined the company that became First Affirmative Financial Network as a financial planner in 1986. He was promoted to Chief Operating Officer in 1989, and managed its sale to Walnut Street Securities, Inc. in 1995. From 1995 to 1999, Mr. Gay served as President of the First Affirmative division of Walnut Street Advisers and as Vice President of Walnut Street Advisers. In 1999, when First Affirmative Financial Network returned to its roots as an independent RIA firm, Mr. Gay assumed the role of CEO. In 2016, he played an instrumental role in the firm’s sale to FOLIOfn, Inc.
Mr. Gay served on the US SIF (a nonprofit trade association for the SRI industry) Board of Directors from 1994 to 2008, has produced and hosted The SRI Conference since 1990, and received the industry's 1997 SRI Service Award.
Mr. Gay earned his Certified Financial Planner (CFP®) designation in June 1984 and previously held FINRA Series 24, 7, 65, 53 and 63 licenses. He earned his Accredited Investment Fiduciary (AIF®) designation in 2003.
Mr. Gay, a 1974 graduate of the United States Military Academy at West Point, served on active duty for nine years in various command, staff, and faculty assignments as an Armor officer. While still on active duty, and then for three years as a civilian, he was the division chief of the Resource Management Division, Directorate of Personnel and Community Activities at Fort Carson, CO. In this position, Mr. Gay was responsible for the financial management of most business operations on the installation. Upon his departure, Mr. Gay was awarded the Department of the Army Commander's Award for Civilian Service.
Mr. Koslow is Executive Vice President of Strategic Transactions and General Counsel for Folio Financial, Inc. He has held previous positions such as General Counsel, Executive Vice President of Strategic Development, Chief Operations Officer, Chief Administrative Officer, and Board Director at both private and public financial services and technology firms, including D.E. Shaw Financial Technology and Penson Worldwide. He was also in private practice with White & Case LLP and Brobeck, Phleger & Harrison LLP. Mr. Koslow has built many start-up businesses in the United States, Asia, and Australia. He has core expertise in M&A, joint-venture, and corporate partnering transactions as well as tremendous expertise in blockchain and artificial intelligence technology, equity/debt capital issuance, IPOs, and venture finance.
He has also served on boards of directors, advisory boards, and as a senior executive in the financial services, financial technology, and other technology sectors for more than 20 years. Today Mr. Koslow is a member of the Digital Advisory Regulatory Taskforce and several other industry groups that are focused on cloud and other technologies.
Mr. Koslow holds a JD from the New York University School of Law, an MA/BA from Johns Hopkins University School of Advanced International Studies, and a Certificat d’Études Politiques (CEP) from Institut d'Études Politiques de Paris.
Theresa Gusman is Chief Investment Officer of First Affirmative Financial Network, one of the largest financial advisory firms dedicated to sustainable, responsible, and impact (SRI) investing. She is also Chair of First Affirmative’s Investment Committee. First Affirmative is a wholly owned subsidiary of Folio Financial Inc. (formerly FOLIOfn, Inc.) and provides investment advice consistent with SRI investing philosophies. First Affirmative believes that the ways people save, spend, and invest can dramatically influence both the fabric and consciousness of society.
As CIO, Ms. Gusman is responsible for developing, maintaining and implementing First Affirmative’s investment philosophy and strategies, and executing its investment protocols, policies, reviews, reporting, and other critical processes.
Ms. Gusman founded ENDURANCE LLC in 2016 to build and enhance the power of capital markets to accelerate the flow of money and ideas to investments for both purpose and profit. She worked with corporate leaders, financial services industry professionals, and asset owners to harness this power.
From 1995-2016, Ms. Gusman held a series of leadership positions at Deutsche Bank. She was a Senior Portfolio Manager and business head serving mutual fund shareholders and institutional and wealth management clients. Her positions included Global Head of Equities, Head of U.S. Equity Research, and Global Head of Commodities. A passionate investor, Ms. Gusman developed, built, and managed U.S. domestic, emerging markets, international, and commodity strategies, with assets ranging from $4 to $17 billion.
As an Analyst, Portfolio Manager and business lead, Ms. Gusman incorporated environmental, social, and governance (ESG) factors into investment decision-making processes. She was an early, vocal advocate for improved sustainability disclosure. She led Deutsche Bank’s Global Proxy Voting Committee for more than 17 years where she set the firm’s assessment and engagement strategy.
Ms. Gusman co-founded the RelateID Foundation, earned the Fundamentals of Sustainability Accounting (FSA) Credential, taught an MBA course on sustainable finance, and served on the SIFMA Securities Industry Institute Board, the Financial Women's Association Directorships & Corporate Governance Committee, and the Après Group Advisory Board.