2002 Press Releases

FOLIOfn’s Pioneering Separately Managed Accounts Platform Solution Integral to Brinker Capital’s New Program


VIENNA, Virginia – FOLIOfn, the firm that pioneered “Folios” and their use as versatile and cost-effective separately managed accounts, will play an integral role in Brinker Capital’s new Managed Portfolios product.

Brinker Capital, based in King of Prussia, Pa., announced today the launch of its Managed Portfolios program, which is based on FOLIOfn’s brokerage platform. The FOLIOfn brokerage platform offers a wide variety of groundbreaking front- end and back office features that streamlines the account and portfolio creation, management and reporting process. The platform thus allows financial services companies to deliver a far superior and highly customized separately managed accounts service more efficiently than previously possible.

“We’re delighted to be a part of Brinker Capital’s new managed account program,” says Steven Wallman, founder and CEO of FOLIOfn. “Clearly, this program, launched by one of the most esteemed sponsors in the industry, is a significant vote of confidence in our technology. We’re gratified that Brinker Capital selected our platform after such intensive investigation and due diligence.”

Brinker Capital is one of several premier companies to take advantage of the FOLIOfn platform recently. FOLIOfn previously announced deals with Quick & Reilly, one of the nation’s leading brokerage firms and a FleetBoston Financial company. FOLIOfn also provides investment services to more than 500 credit unions through an exclusive partnership with CUNA Mutual Group.

“Brinker Capital’s new program represents yet another opportunity to make available our unique and innovative approach to financial services,” Wallman says.

Wallman expects even more demand for the FOLIOfn platform as financial services companies formulate their strategies for near-term success. “As more financial services companies are pushed by rising competition to provide a higher level of service, they are recognizing that they need to boost their product and services offerings to a new level. With our platform, they can quickly do that.”

FOLIOfn’s financial backers include Advent Software, Inc. (NASDAQ: ADVS); American Century Ventures; The Mayfield Fund; meVC Draper Fisher Jurvetson Fund I (NYSE: MVC); and Seichou Technology. FOLIOfn is a registered broker-dealer, regulated by the Securities and Exchange Commission and registered in all 50 states, and also a member of the Financial Industry Regulatory Authority and SIPC. In addition, FOLIOfn Advisor, Inc., a subsidiary of FOLIOfn, Inc., is a Registered Investment Advisor.

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.