2008 Press Releases
FOLIOfn, Innovative Online Brokerage Firm, Actively Licenses Patents and Technology
02/19/2008
VIENNA, Virginia – FOLIOfn, Inc., a leader in the online brokerage industry, has been actively licensing its patents and/or its technology to other companies. It has provided licenses for use in the advisor channel in the U.S., as well as for general use in Japan.
FOLIOfn has numerous patents covering aspects of its unique technology platform that enables investors to create and manage multiple portfolios of securities, called Folios, with one click of the mouse. In recognition of this achievement, Forbes magazine named FOLIOfn the “Best of the Web for Alternative Investing.”
“We continue to seek licensees of our patents and technology,” said Steve Wallman, founder and CEO of FOLIOfn. “We currently have 12 issued patents, including those that pertain to FOLIO Investing as well as patents on various tax management interfaces, portfolio risk management and even a unique type of mutual fund.”
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.