2000 Press Releases
FOLIOfn Joins Securities Industry Association
VIENNA, Virginia – FOLIOfn, Inc. (www.foliofn.com) 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 (FINRA).
FOLIOfn, founded in 1998 by Steven M.H. Wallman, recently announced its first product, FOLIO Investing, which provides a unique and novel way for individual and small-scale institutional investors to invest online. In contrast to current investment choices, FOLIOfn investors can choose their investment goals and preferences, including risk level and personal values, then buy diversified portfolios averaging 20–30 stocks that meet those needs. Investors directly own the stocks in each of their portfolios, known as Folios, which gives them combined benefits of diversification and direct stock ownership. More information about FOLIO Investing is available at www.foliofn.com.
About Folio Investing
Folio Investing, a division of FOLIOfn Investments, Inc., is an online brokerage that enables investors to manage stocks, ETFs, and mutual funds as integrated investment portfolios called “Folios” that deliver better control, greater transparency, and lower cost. Investors can create their own Folios, much like creating personalized ETFs or mutual funds, or invest in over 100 Ready-to-Go Folios representing market indices, sectors, geographical regions, target dates, and more. The Folio Unlimited Plan features unlimited commission-free trading in twice-daily windows for only $29 a month or $290 a year. Ready-to-Go Folios can be managed or unmanaged, are not registered investment companies, and are offered by FOLIOfn Investments, Inc., a registered broker-dealer. FOLIOfn Investments, Inc. does not provide investment, tax, or legal advice. FOLIOfn Investments, Inc., is a member of FINRA/SIPC.