BNET Industries

Foliofn Inc.

is in the Financial Services Industry

Last Fiscal Year Sales:$37.5M
  • Private
  • US
Dow Jones Description

FOLIOfn, Inc. is an innovative brokerage and financial services technology company that serves individual investors, financial advisors and financial institutions around the world. FOLIO Investing is the firm's offering for the individual investor. FOLIOfn Investments, Inc., a subsidiary of FOLIOfn, Inc., is a broker-dealer (Member NASD/SIPC) and Its Web-based brokerage technology is protected by U.S. patents. The technology enables the trading of fractions of shares, and allows very broadly diversified portfolios of securities to be purchased with limited investment amounts. Individual securities held within the portfolios in fractional shares can be bought or sold, just as whole-share positions can at other brokerage firms, giving investors of all sizes the control and benefits of direct stock ownership combined with the investment risk reduction of a diversified portfolio. FOLIOfn's technology also has transformed the economics of securities trading, radically reducing costs...

Founder & Chief Executive Officer
Steve M.H. Wallman
Number of Employees 174
Contact Information

8000 Towers Crescent Drive

Suite 1500

Vienna, Virginia 22182

foliofn.com

1-888-973-7890

NAICS Code Securities Brokerage: 523120

News & Analysis

foliofn inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Steve M.H. Wallman Founder & Chief Executive Officer
Greg Vigrass President of FOLIOfn Institutional

Board of Directors

Name (plus bio) Position
Bruce W. Shewmaker Board of Directors
E. Murray Cook Board of Directors
Jeffrey G. Banks Board of Directors
Jeffrey P. Cusack Board of Directors
John M. Grillos Board of Directors

Organization Position Status
FOLIOfn, Inc. Founder & Chief Executive Officer Current
Proxy Governance Inc Founder Current
FOLIOfn, Inc. Chairman Current
Soleil Securities Group, Inc. Board of Directors Current
Foliofn, Folio Advisor Board of Directors Current
Covington & Burling Partner Former
U.S. Securities and Exchange Commission Commissioner Former
MIT Sloan School of Management M.S. Former
Columbia University Law Degree Former
Columbia University Degree Former

Organization Position Status
FOLIOfn, Inc. President of FOLIOfn Institutional Current
The Charles Schwab Corporation Former

Mr. Shewmaker is a senior investment professional with over 30 years of private equity and investment banking experience. Prior to becoming a Managing Director of the Fund in November 2003, Mr. Shewmaker served as a member of the board of the Fund from March 2003 and served out his one year term. Mr. Shewmaker was a co-founder of Merrill Lynch Venture Capital Inc. where he initiated several private equity investment partnerships, including three business development companies. During his ten year career at Merrill Lynch, he participated in sourcing, negotiating and monitoring over 40 private equity transactions including leveraged buyouts and venture capital investments, of which seven companies completed initial public offerings. More recently, Mr. Shewmaker served as President and CEO of The US Russia Investment Fund, with committed capital of $440 million, where he managed a staff of 60 people, including eight private equity professionals, in seven offices across the Russian Federation. As a Managing Director of E*OFFERING Corp., he helped this investment banking firm participate in underwriting more than 50 initial public offerings of domestic companies and was responsible for organizing a global investment banking network. While Mr. Shewmaker has spent the majority of his career with registered investment companies or investment management divisions of NYSE listed firms (divisions of The Chase Manhattan Bank and Time Inc.), in the late 1990’s Mr. Shewmaker co-founded Crossbow Ventures, a regionally focused private equity partnership located in Florida. He earned his undergraduate degree in Finance from The Ohio State University and has passed the Series 7 and 63 NASD qualifying examinations.

Organization Position Status
MVC Capital, Inc. Managing Director Current
Dealio Board of Directors Current
FOLIOfn, Inc. Board of Directors Current
Vendio, Inc. Board of Directors Current
Foliofn, Folio Advisor Board of Directors Current
Crossbow Ventures, Inc. Co-Founder Former
MVC Capital, Inc. Board Member Former
The Ohio State University B.S in Finance Former

Organization Position Status
Foliofn, Folio Advisor Board of Directors Current
FOLIOfn, Inc. Board of Directors Current
University of Florida B.S. in mathematics Former

Organization Position Status
FOLIOfn, Inc. Board of Directors Current

Organization Position Status
Sierra Club Mutual Funds President Current
FOLIOfn, Inc. Board of Directors Current
Foliofn, Folio Advisor Board of Directors Current

Organization Position Status
Worldsage, Inc. Co-Founder and Chief Executive Officer Current
Transware Plc Chairman Current
Anmsoft Technologies Inc Board Member Current
FOLIOfn, Inc. Board of Directors Current
Worldsage, Inc. Board of Directors Current
Curriki Member, Board of Directors Current
MVC Capital, Inc. Chief Executive Officer Former
Robertson, Stephens & Company Managing Director Former
Illinois Institute of Technology Lecturer Former
Santa Clara University Lecturer Former
SmartForce Director Former
University of Chicago MBA Former
Illinois Institute of Technology BS Former

Executive News

  • Report: Broadmark Asset Management names 2 to board of managers

    SNL Securities - 9/03/09 - View Story

  • UPDATE 1-MOVES-BNP Paribas, BofA-Merrill, PricewaterhouseCoopers

    Forbes.com - 9/03/09 - View Story

  • Forward Management Makes Strategic Investment in Broadmark Asset Management

    Business Wire - 8/11/09 - View Story

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