2010 Press Releases
PrecisionIR Teams With Folio Investing in First Relationship with a Brokerage Firm
McLean, Virginia – Folio Investing, the innovative online brokerage, and PrecisionIR, a leading investor relations firm, today announced the first-ever alliance directly linking a brokerage service with the PrecisionIR platform.
“Folio Investing is the most powerful platform we have seen for individual investors to build and manage their own diversified portfolios using individual company stocks. No one else offers the combination of truly flat fee pricing, fractional share trading of high-priced stocks, and one-click buy and sell for any number of stocks at the same time,” said Chris Fetty, vice president of PrecisionIR. “Folio Investing offers an ideal solution to markedly improve the way our users invest for their financial future.”
As a result of the alliance, investors researching public companies on the PrecisionIR Web site will now have an easy and direct way to link to Folio Investing’s online brokerage platform. With a few clicks, they can open an account and enter an order to purchase an exact dollar amount in stock of the company or companies they are researching. PrecisionIR currently has 600,000 regular users of its Web-based stock research services. Links to Folio Investing also will appear in the 2 million email alerts which PrecisionIR distributes monthly to investors. Under the terms of the deal, PrecisionIR will receive referral fees for investors it refers to—and who open accounts with—Folio Investing.
“We are proud and excited that Folio Investing is the first and only brokerage service selected to facilitate buy and sell transactions for the investors who use PrecisionIR’s outstanding research tools,” said Owen Bowers, vice president of business development for Folio Investing. “We believe that our unique and powerful portfolio management system and flat fee pricing offer a major step forward for this select group of investors.”
PrecisionIR Group (www.precisionir.com), based in Richmond, Va., provides online investor relations services and Web-based communication solutions to more than 3,500 companies in 13 countries. PrecisionIR Group’s services include PrecisionIR®, an investor-communication program that enables publicly traded companies to deliver compelling communications to an institutional and high net worth audience of investors, and Vcall (www.vcall.com) innovative webcasting and web conferencing technology and event management services that enable organizations to create influential web events. Since 1992, PrecisionIR has helped clients improve the effectiveness of their investor communication.
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.