More FOLIOfn notes37
Pages: 1
|   | trond24 ![]() | 0 |
| I finally (finally!!!) have gotten started! RIA-In-A-Box is working with me. So I had contacted FOLIOfn, he (Ken L) said to let him know when I had my ADV and we would figure out the fee schedule. I told him that I needed to get that decided *before* I could do my ADV, lol.. I finally got him to commit this AM to the 25 bp / $150 minimum structure. Not really happy since I am willing to take on smaller accounts, even if I'm only making a few cents on them.... and of course this will raise the minimum (without subsidizing) to around $12K. I have quite a few friends who for some reason all seem to have exactly $10K or so for early placement with me! I guess I'll be subsidizing for a year or so, just to get some extra assets started. Anyhow, thought I'd share that I'm finally getting started and my experience with Folio's rep. Regards, Trond |
||
Post 1 IP
![]() |
||
|
|
plandfreedom ![]() | 0 |
| Trond, that's my Folio rate too. Yes, I am having to subsidize smaller accounts. Hopefully, through your quarterly communications, clients will be convinced to invest more. I wish Folio got rid of the silly minimum fee. -Mike |
||
Post 2 IP
![]() |
||
Pages: 1
Authentication is fast, easy, and secure. Register with an existing account by clicking one of the icons above. You will have the option to select a unique user name and your email address will never be shared or displayed. Learn more » |






Compose Thread
All Threads
Your Threads
Newest Posts
Search



