Someone asked me the other day, why I recommend and use FolioFn.  Who are they and why use them? 

FolioFn:      Folio logo-fi

The company was founded in 1999 by Steven Wallman, a former commissioner of the U.S. Securities and Exchange Commission widely recognized for advocacy on behalf of investors. We are based in the Washington, D.C. suburb of McLean, in the heart of the Northern Virginia high-technology corridor.

steve wallmanMr. Wallman gained a unique perspective on Wall Street during his years as a Commissioner of the U.S. Securities and Exchange Commission. He saw first-hand how the needs of many investors were not being fully met by existing financial institutions and existing financial investment vehicles. Folio Institutional was founded, in part, to provide advisors and other professionals the tools they need to deliver better solutions to their clients:

With Folios, investors of all sizes and investment styles can enjoy the advantages of a flexible and diversified portfolio.

Folios help reduce the drain on your earnings from fees, trading commissions, and capital gains taxes.

Folios, in contrast to mutual funds, provide you transparency and control over the securities your money is invested in.

At Values First Advisors, we use FolioFn for our trading  and money management.  Here are five reasons, I use FolioFn:

1. Screening portfolios:  We are able to screen out of our portfolios, companies involved in:

* Abortion

* Pornography

* Homosexual activism

* Violent and sexually explicit entertainment

* Embryonic stem cell research

* Gambling

* Tobacco

* Alcohol

 

2.  Unlimited trading:  We also can do unlimited trading for a flat fee, saving our clients hundreds or even thousands of dollars a year in trading costs!

 

3.  Low cost diversification: We can build our own mutual funds using state of the art technology. Instead of paying upwards of 3-4% to have a mutual fund manage your assets (expense ratio and statement of additional info fees), we can manage accounts for a fraction of the cost of most mutual funds. 

 

4.  Convenience: All your assets and holdings appear on one statement.  Your account can be accessed 24 hours a day/ 7 days a week.

 

5. Tax efficiency:  You can control when investments are bought and sold and can harvest gains and losses and take advantage of favorable tax laws.