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Kathy King

Folio News


Fintech Firms Aiming for Amazon-Like User Experience
(Financial Advisor IQ)

December 20, 2016 – Next year, technology providers serving the financial advice industry are set on improving the client experience while helping advisors comply with the Department of Labor’s fiduciary rule, InvestmentNews writes. Read more.

Tools financial technology companies plan to bring advisers in 2017

December 16, 2016 – Advisers wondering what their technology providers will offer next year will be happy to know that they’re focused on the same thing that most advisers emphasize - the client. Read more.

White Paper Report: Expanding into Cannabis-Related Investing

December 12, 2016VIA Folio, the private securities division of Folio Investments, Inc., has decided to support capital formation for certain businesses engaged in the cannabis sector. Read more.

Standout features of 10 robos aimed at advisory firms

December 12, 2016 – Folio Institutional, one of the nation’s largest custodians, introduced its automated advice solution for advisers in 2014. Its digital platform offers clients access to exchange-traded funds, mutual funds and stocks, as well as dollar-based fractional share investing and window trading. Read more.

Robos to make banks a bigger competitor in advice market

December 2, 2016 – Navy Federal Financial Group, a unit of the $78 billion Navy Federal Credit Union, selected Folio Investing to provide online trading and a robo adviser for clients. Read more.

A changing of the guard as big firms acquire ESG pioneers?

November 23, 2016 – The ownership of ESG firms is in flux at the moment. Calvert has gone to Eaton Vance, FOLIOfn is buying First Affirmative Financial Network, while Boston Common has announced not only increased employee ownership but the transfer of a minority stake to a private equity firm. Read more.

Human Advisors Accept They Have To Join Ranks
With The Robos
(Investor’s Business Daily)

November 11, 2016 – When robo-advisors first hit the scene a few years ago, traditional human financial advisors were anxious about facing off against this lower-cost automated competitor. But now, most humans have adopted an “If you can’t beat ’em, join ’em“ mentality. Read more.

Deals Point to ESG Investing’s Potential

November 4, 2016 – On Tuesday, brokerage and investment firm FOLIOfn purchased the SRI-minded (sustainable, responsible, impact investing) advisor First Affirmative Financial Network. Read more.

VIA Folio Announces Support for Investing in Cannabis Related Companies
(Crowdfund Insider)

November 4, 2016VIA Folio, a technology platform that allows investors to hold alternative assets alongside publicly traded securities, has decided to support the growing Cannabis industry. Read more.

Responsible Funds, November 4: First Affirmative, Envestnet, Vigeo Eiris, OppenheimerFunds, People’s Trust

November 4, 2016 – FOLIOfn, the US brokerage and investment company, has acquired SRI advisory firm First Affirmative Financial Network. Read more.

Seeing green, asset managers ramp up purchases of ESG shops

November 3, 2016 – Sometimes, when two companies like each other very much, they get the urge to merge. And lately, romance has been blossoming among companies dedicated to environmental, social and governance issues. Read more.

FOLIOfn Buys First Affirmative Financial Network
(Financial Advisor)

November 1, 2016 – First Affirmative Financial Network, a nearly $1 billion firm that specializes in socially responsible investing, has been acquired by FOLIOfn Inc. Read more.

FOLIOfn acquires First Affirmative to expand its SRI footprint

November 1, 2016 – FOLIOfn Inc., an investment technology company, said on Tuesday that it has acquired First Affirmative Financial Network, an independent registered investment adviser specializes in sustainable, responsible, impact (SRI) investing. Read more.

VIA Folio supports private investment in cannabis-related businesses
(Bankless Times)

October 29, 2016 – Investors in cannabis-related businesses can look to VIA Folio for capital raising an brokerage solutions. Read more.

Local firm begins marketing $50M mini–IPO
(Richmond BizSense)

August 8, 2016 – A downtown private equity firm has taken two big steps forward in its bid to create a publicly traded real estate investment trust. Read more.

The Five Best Investing Apps
(Wealth Daily)

July 29, 2016 – Not too long ago, released a shocking survey. It showed that more than half of all Americans are not investing in the stock market. 52% of the adults in the U.S. have absolutely no stock investments. Read more.

Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds

July 18, 2016 – Folio Institutional added 31 Morningstar Managed Portfolios ETF and mutual fund models to its Model Manager Exchange (MMX), which is a network of third-party investment models for registered investment advisors. Read more.

Folio Institutional adds Morningstar Managed Portfolios ETF and mutual fund models

July 11, 2016 – Folio Institutional has added 31 Morningstar Managed Portfolios ETF and mutual fund models to its Model Manager Exchange (MMX). Read more.

Waddell & Reed Integrates With eMoney Platform
(Wealth Management)

July 8, 2016 – Some 1,800 advisors at broker/dealer Waddell & Reed will now have access to the eMoney financial planning platform. Read more.

Investment Product and Service Roundup

July 7, 2016 – Folio Institutional announced the addition of 31 Morningstar Managed Portfolios ETF and mutual fund models to its Model Manager Exchange, known as MMX.

Folio teams with record-keeping firm KTRADE ahead of DOL fiduciary rule
(Investment News)

March 30, 2016 – Folio Institutional, a robo-adviser for financial advisers, has partnered with KTRADE, a record-keeping firm that focuses on RIAs, to offer plan sponsors and advisers a way to manage conflicts of interest and defined contribution plan costs. Read more.

Folio/KTRADE Partner to Offer Enhanced Plan Design

March 30, 2016 – The partnership will give DC plan sponsors and their advisers a better way to avoid conflicts of interest, manage plan costs and enhance participant services. Read more.

Recordkeeper, RIA platform team up on plan sponsor services

March 30, 2016 – Two firms have teamed up to tackle the triple whammy of conflicts of interest, defined contribution plan costs and participant services that will be highlighted when the Department of Labor’s fiduciary rule goes into effect. Read more.

New Breed of Eaton Vance Fund Is Thinly Traded In First Days

March 2, 2016 – Few shares of a new breed of actively managed fund are changing hands this week as it’s offered to financial advisers and retail customers for the first time. About 6,200 shares of Eaton Vance Stock NextShares fund had traded on Nasdaq by the end of the day Tuesday. Read more.

NextShares Active ETFs Launch With Limited Products, Distribution
(Financial Advisor)

March 1, 2016 – Exchange-traded funds just became a little more active, but more important, the fee-and-cost sandbag on actively managed products just became a little lighter. On Friday, Eaton Vance rolled out the first of its NextShares products. Read more.

Eaton Vance Launches a Brave New ETF World
(Yahoo Finance)

February 29, 2016 – Tom Faust, chairman and chief executive officer at Eaton Vance, discusses the launch of the new First NextShares Fund and the merits of active and passive investing. He speaks on “Bloomberg Markets.” Read more.

Wealth Adviser Daily Briefing: Broker Doesn’t Have to Repay Promissory Notes

February 29, 2016 – A former Morgan Stanley broker doesn’t have to pay that company about $215,000 he owed on promissory notes, arbitrators ruled–a rare win for a broker in a case involving the use of such debt in brokers’ compensation packages, writes Wealth Adviser. Read more.

Eaton Vance comes to market with new type of low-fee fund

February 26, 2016 – A new type of investment fund starts trading on Wall Street on Friday amid hope from backers that it could become big enough to supplant traditional mutual funds. The Eaton Vance Stock NextShares is the first so-called actively managed nontransparent exchange-traded fund. Read more.

What To Expect At 2016 T3 For Advisors Conference

February 10, 2016 – The Technology Tools for Today (T3) conference started Wednesday, with more than 600 data scientists, tech experts and advisors gathering in Ft. Lauderdale, Florida, to learn about the current state of wealth management technology and where it’s going next. Read more.

Comparing the robo-advisors, part deux
(Abnormal Returns)

January 26, 2016 – Back in October 2014 I noted a New York Times piece that compared the companies that were active in the robo-advisor space. They have now updated this chart. Not surprisingly the chart is larger given the increasing number of companies entering the field. Read more.

Eaton Vance gets debut date for NextShares funds
(Boston Business Journal)

January 26, 2016 – The first NextShares fund, an innovative hybrid between mutual and exchange-traded products developed by Eaton Vance, will hit the market at the end of February, the asset manager said Monday. Read more.

Eaton Vance’s New Breed of Fund to Begin Trading in February

January 25, 2016 – A new breed of fund with characteristics of both mutual funds and exchange-traded funds is set to begin trading in late February. Read more.

Eaton Vance Announces Rollout of first NextShares
(Investment News)

January 25, 2016 – Eaton Vance announced Monday that its first NextShares product will start trading on the Nasdaq stock exchange Feb. 26.NextShares are actively managed hybrid ETFs that price once a day, like traditional open-end funds. Like other ETFs, NextShares will trade on the stock exchanges. Read more.

First Non-Transparent Active ETF to Launch in February

January 25, 2016 – The first exchange traded managed fund, a new fund structure that is a hybrid between an actively managed mutual fund and exchange traded fund, is set to launch Feb. 26. Eaton Vance, which developed the new structure, announced that its Eaton Vance Stock NextShares fund will list and trade on NASDAQ under the ticker EVSTC. Read more.

Eaton Vance Sets Date for First ‘ETMF’ Launch; Distribution Will Be Limited

January 25, 2016 – Fund company Eaton Vance (EV) has set a launch date for the first of its new, hybrid funds, which share characteristics of both mutual and exchange-traded funds. Read more.

Folio Investing: Daydreaming in 2016
(Corporate Governance)

January 4, 2016 – It’s been two months since the SRI Conference in Colorado Springs but I’m still digesting content, like the potential of Folio Investing, and following up with other attendees. #AllinForImpact continues in San Francisco, Portland, Chicago, New York City, Boston and then Denver. Read more.

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