Folio questions | Spoke Fund ®

	aab	0
	First, I just wanted to say thanks for setting up such a fantastic site with an emphasis on sharing ideas and experiences. Usually, people want to keep this info proprietary and aren't willing to share. I'm looking at setting up an RIA business with Folio but had a few questions that I was hoping someone with more experience with Folio can answer for me. I know you can setup different model portfolios and then also a model "asset allocation" with specific percentages for each model. Exactly how many stocks can one have in each model portfolio. I know that on the retail side each model portfolio is limited to 100 securities per "folio." Is the limit for RIA accounts the same? This may seem like a silly question because 100 stocks seems like more than enough, but I'm looking into some models that may require that many stocks or more. Also, due to religious requirements, most of my clients would prefer not to collect interest on their cash balances. Can you leave uninvested cash in a Folio account simply as a cash balance that doesn't accrue interest? Or is all unused cash automatically swept into a money market fund? Thanks for your help. I'm sure I'll have many, many more questions in the future
	Tue, Sep 6 '11 at 2:10PM EDT	Post 1 • IP

	aab	0
	Follow-up after talking to someone at Folio. It looks like they are not set up to have non-interest bearing cash accounts. I plan on talking to the sales rep in my area to see if there's any other way to satisfy the "no interest" requirement for my clients. Also, they said that the limit on the number of stocks in a folio is negotiable. (That sounds kind of strange to me.) Will keep you updated as I find out more.
	Tue, Sep 6 '11 at 4:35PM EDT	Post 2 • IP

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