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United States
2000 (26 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Folio Institutional
Company Information
Get to know Folio Institutional
Founded in 2000 by Steven M. H. Wallman, Folio Institutional (as part of Folio Financial, Inc.) was a pioneering brokerage and financial technology company. Its mission was to provide registered investment advisors (RIAs) and other financial professionals with a comprehensive, low-cost platform for custody, brokerage, and portfolio management. The platform was known for its innovative features like fractional share trading, model-based portfolio management (known as "folios"), and a flat-fee subscription pricing model. In May 2020, Goldman Sachs announced its acquisition of Folio Financial to expand its services to the RIA market. Subsequently, in 2021, Goldman Sachs sold the Folio Institutional clearing and custody business to Apex Clearing Corp.
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