What is "foliofn"

FOLIOfn, Inc. is a brokerage and investment company serving U.S. investors, financial advisors, and financial institutions. 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, 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.