Broker Check

Folio Institutional

FAC uses Folio Institutional, Inc. as an independent custodian because their philosophy goes hand-in-hand with ours. The company was founded by Steven M.H. Wallman, a former commissioner of the Securities and Exchange Commission (SEC), after the fallout of the 2008 Wall Street debacle. Its innovative technology and single-cost platform protect investors by giving them direct, real-time access to their assets and ensuring complete transparency in every transaction. 

Folio does not sell its own products, nor does it engage in investment banking, lending, trading or other activities that might put clients assets at risk. As a member of the Securities Investor Protection Corporation (SIPC) and the Federal Deposit Insurance Corporation (FDIC), Folio provides FDIC insurance of up to $4.5 million for individual and $8.5 million for join accounts on all cash positions.

FAC's clients share in a modest flat annual rate for Folio's custodial services. Regardless of the number of transactions, we pay only $200 per year for $100,000 accounts and $1,000 per year for $1,000,000 accounts, with account minimums of only $25,000.

For more information, please see Folio Institutional's Customer Disclosures or visit