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Articles tagged "Folio Institutional"


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Maeve DuVally: We are working closely with teams across Goldman Sachs, as well as clients, to ensure that these new services align.

Goldman Sachs RIA custodian delayed indefinitely, as 'technical details' bedevil launch date

The clock is ticking on the New York City investment bank's strategic imperative to strike while TD Ameritrade and Schwab merge, but Goldman may be facing similar obstacles combining with Folio Institutional.

March 16, 2022 at 2:47 AM

Goldman CEO David Solomon is ready to make a push into RIA custody.

Goldman Sachs lifts two superstar RIA recruiters from Schwab and Pershing, tipping hand on a big push into the RIA space, targeting early 2021 custody launch

The Wall Street B2B superbrand prepares RIA distribution and poaches Richard Lofgren and Bill Dalton -- with a TD Ameritrade hire potentially in the works -- months ahead of a harder launch.

October 6, 2020 at 11:25 PM

David Solomon wants a digital age RIA play at the mass, high-net-worth advice business.

Goldman Sachs buys Folio to gain an RIA-custody toehold, and gets robo-advisors in the bargain, days after Schwab buys Motif

The New York powerhouse is uncertain about taking on Schwab and Fidelity in RIA custody, but it keeps making inroads where it can in retail wealth

May 15, 2020 at 2:59 AM

Hardeep Walia: Schwab shares our spirit and passion for making personalized investing easier and more accessible.

To leapfrog ahead in direct indexing, Schwab to buy Motif technology and hire Hardeep Walia and much of his staff

The San Francisco company gets all of the San Mateo firm's algorithms, patents and source code but not the customer assets and 'leverage' of its giant index-investing franchise.

May 7, 2020 at 10:36 PM

Paula DeLaurentis: We understand it's different so we communicate, communicate, communicate.

After much acclaim but not enough profits, Motif shutters and sells itself off for parts with Folio buying the RIA and retail accounts

The $850 million stock-basket company in San Mateo, Calif. had success but -- $126 million invested by Goldman Sachs, Renren and Sallie Krawcheck and others -- not enough to justify business as usual

April 22, 2020 at 6:52 PM

Guy Benstead (with George Gay on right): [The move to Orlando for 2020]  it rankled some of the old guard RIAs who have been at the vanguard of the SRI movement.

Planned move to plastic Disney World from natural Broadmoor rankles some RIAs as perverse outcome of record-obliterating SRI confab turnout and arrival of mainstream to fringe investing approach

Women, millennials and climate change make up the trifecta driving socially responsible investing sky-high and into the arms of Mickey Mouse

December 12, 2019 at 7:01 PM

Sean Gultig: We’d love to talk to them.

Small RIA custodians eye 400-plus RIAs who may come into play thanks to TD Ameritrade-Scottrade deal -- but with a cultivated calm

Accepting RIA orphans is less automatic than more-the-merrier policy of RIA inclusion that traditionally held sway at TradePMR, Folio Institutional, Trust Company of America, Equity Advisor Solutions and Shareholders Service Group grow, learn and seek profits

June 12, 2017 at 7:36 PM

Greg Vigrass:  We're not incumbent on any system. That means we've got the ability to be far more flexible. We're like the plumbers.

How custodians Folio Institutional and Equity Advisor Solutions keep on ticking -- Part 3 of 3

Both custodians counter their peewee size by offering that something extra

July 14, 2016 at 8:11 PM

Greg Verfaillie: In the conversations I've been having with advisors, it's clear this decision is not going to be made on product or platform; it's about the relationship.

Curian Capital predators position to pounce -- but a few copiously keep their distance to avoid quills

As smaller TAMPs play the finesse game, SEI, AssetMark and Envestnet, with combined $100 billion-plus AUM, see a path to play up their size and scale after the smaller TAMP falters

August 17, 2015 at 4:51 PM

Hardeep Walia: These are crazy ideas, but they work.

A Microsoft alum stomps into the RIA business with $26 million in VC money, Sallie Krawcheck and a 'new' approach that looks old to skeptics

The Motif plan is monetize ideas, but other firms say they've been there, done it -- and found tepid interest

March 11, 2013 at 5:09 PM

Catie Tobin: RBC intends to double its RIA assets from $10 billion to $20 billion by 2015.

A peek inside the rising RIA custodians fighting to overtake the Big Four

RBC, LPL, TCoA, Scottrade and National Advisors Trust are all pushing to gain the critical mass to get past also-ran status

November 29, 2011 at 5:44 AM

Greg Vigrass: We have some pretty rabid fans.

Folio Institutional finds its winning formula for RIA custody in specialized trading technology

Ability to allow advisors purchases of partial shares has applications in 401(k), model portfolios and investments in Berkshire Hathaway

January 21, 2011 at 2:23 PM

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