FOLIOfn
Encyclopedia
FOLIOfn, Inc. is a brokerage and investment company serving investor
s, financial advisors, and financial institutions
around the world. FOLIOfn offers its brokerage services on both a full-service basis and a technology-licensed basis. Through its wholly owned, registered clearing broker-dealer subsidiary, FOLIOfn Investments, Inc., the company offers an integrated brokerage and technology platform featuring its patented Folio trading capability, as well as execution, clearance and settlement services. The company also operates:
Steven Wallman
, a former commissioner of the Securities and Exchange Commission, established the company in 1998. First employees were hired in 1999 and the company's web-based service went live for retail customers in 2000. Additional services for financial advisors were first added in 2001. The privately held company is headquartered in McLean, Virginia
.
FOLIOfn Inc. established a joint venture with Tokyo’s Nikko Cordial
Corp. to create the first separate account program marketed in Japan. FOLIOfn Inc., has licensed a subset of its patents to Tokyo’s Nikko Cordial Corp.
FOLIOfn Inc. has licensed a subset of its patents to Sharebuilder
Corporation (http://www.sharebuilder.com), for limited use in the U.S. and Canada. This is the third time that FOLIOfn has licensed its patents and/or its technology to other companies.
Investor
An investor is a party that makes an investment into one or more categories of assets --- equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc...
s, financial advisors, and financial institutions
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
around the world. FOLIOfn offers its brokerage services on both a full-service basis and a technology-licensed basis. Through its wholly owned, registered clearing broker-dealer subsidiary, FOLIOfn Investments, Inc., the company offers an integrated brokerage and technology platform featuring its patented Folio trading capability, as well as execution, clearance and settlement services. The company also operates:
- folioinvesting.com, which provides retail clients with unlimited, commission-free window trades in twice-daily trading windows via a $290 annual Unlimited Plan, which includes Ready-to-Go Folios, Exchange-Traded Funds (ETF’s), mutual funds, and other investment services.
Steven Wallman
Steven Wallman
Steven Wallman was Commissioner of the U.S. Securities and Exchange Commission from 1994 to 1997, for which he was appointed by Bill Clinton. He founded FOLIOfn, headquartered in the Tysons Corner, Virginia suburbs of Washington DC in 1998....
, a former commissioner of the Securities and Exchange Commission, established the company in 1998. First employees were hired in 1999 and the company's web-based service went live for retail customers in 2000. Additional services for financial advisors were first added in 2001. The privately held company is headquartered in McLean, Virginia
McLean, Virginia
McLean is an unincorporated community and census-designated place in Fairfax County in Northern Virginia. The community had a total population of 48,115 as of the 2010 census....
.
Patents
FOLIOfn Inc. has licensed a subset of its patents to Curian Capital LLC.FOLIOfn Inc. established a joint venture with Tokyo’s Nikko Cordial
Nikko Cordial
was a third largest Japanese brokerage firm and the holding company for Nikko Cordial Securities and subsidiaries. In 2008, Nikko Cordial Corporation became a wholly owned subsidiary of Citigroup Inc., upon completion of share exchange and it merged with Citigroup Japan Holdings Ltd. to form Nikko...
Corp. to create the first separate account program marketed in Japan. FOLIOfn Inc., has licensed a subset of its patents to Tokyo’s Nikko Cordial Corp.
FOLIOfn Inc. has licensed a subset of its patents to Sharebuilder
ShareBuilder
ShareBuilder Corporation, , is a United States based online stock brokerage firm founded in 1996 . It encourages recurring, automatic purchases of shares of stock, ING Mutual Funds and exchange-traded funds...
Corporation (http://www.sharebuilder.com), for limited use in the U.S. and Canada. This is the third time that FOLIOfn has licensed its patents and/or its technology to other companies.