What happened to Folio Investing?

As announced in December 2020, Folio Investments, Inc. now known as Folio Investments, Inc. has discontinued its self-directed investment offering. If you are a former customer, you can continue to access the following documents by logging on to our site: Monthly account statements.

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In respect to this, does motif still exist?

After ten years in the investment space, online brokerage platform Motif will be shutting down operations on May 20. The company notified users via email on April 17 in a message saying, “At this time, we’ve made the decision to cease operations and transfer your account to Folio Investments.”

Considering this, is Folio a custodian? Folio is yet another small custodian like Scottrade Advisor Services, Trust Company of America, Ceros Financial Services, Inc., Shareholders Service Group Inc. that is finding a niche through use of specialized technology. It serves 400 RIAs and an additional 12 broker-dealers.

Accordingly, what happened Motif investing?

Motif Investing Customers Sold to Folio Investing

All individual and registered investment advisor (RIA) accounts transferred to Folio Financial, the McLean, VA-based boutique wealth management custodian, fintech, and online broker that previously purchased the customer accounts from LOYAL3 and BuyandHold.com.

Who bought Folio Investments?

Interactive Brokers Group

Who bought Goldman Sachs?

In September 2013, Goldman Sachs Asset Management announced it had entered into an agreement with Deutsche Asset & Wealth Management to acquire its stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013.

Who owns Folio Institutional?

Goldman Sachs

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