The firm is also launching a strategic partnership program that offers smaller practices and outside advisors access to the firm’s models through the new Orion technology. In an effort to provide an engaging, scalable tool for StratWealth’s advisors, the revamp will include adding 12 new strategies to the firm’s existing platform. One of these projects, called Crown, involves a complete revamp of the firm’s investment platform utilizing Orion Advisor Services’ software. Having first met Achterhof (below) and StratWealth chief executive Jim DeCarlo at the TD Ameritrade National LINC conference earlier this year, it was great to catch up and hear about some new initiatives the firm has undertaken since we last spoke.Īs COO, Achterhof oversees special projects designed to improve operational efficiency and the firm’s investment management process. Next up, I squeezed in a last-minute chat with StratWealth chief operating officer (COO) Patricia Achterhof at the firm’s offices in Columbia, Maryland, before heading back to New York. However, the majority of clients are invested in standard ETFs and mutual funds. For high-net-worth clients, the Bensons incorporate SMA-style strategies from BlackRock and Wilmington Trust. To complement the in-house research, the team uses third-party technology solutions such as Morningstar’s Advisor Workstation software. The firm does not currently use any pre-populated model portfolios, instead opting to customize each client’s investments. The father-son duo oversees the investment selection process and the approved list, which is made up of several dozen funds from the likes of Dimensional Fund Advisors, Vanguard and Schwab. Chris also holds his CPA qualification and has been at the firm for nine years, after five years working for accounting firm Grant Thornton.īenson and his team are focused on using the right technology to enhance their investment management offerings, which complement the firm’s core competency in tax-efficient financial planning. There I met with Chris Benson, a partner at the firm founded by his father 24 years ago.īenson recalled how his father established the RIA, coupling his background as a chartered public accountant (CPA) with a desire to help people manage their investments. In the past, Folio Investing job postings have featured flexible work for U.S.-based candidates in the form of full-time positions with telecommuting options.First, I hopped into my Zipcar to head to the office of LK Benson and Co., an accountant and RIA based in Towson, Maryland. Eligible employees receive competitive salaries, stock options, flexible spending accounts, a self-directed 401(k), and health, disability, and life insurance. The majority of the team works in around its Virginia headquarters, just outside of Washington, DC, but the brokerage offers relocation assistance for certain positions. Through the Folio Institutional platform, the company offers tax management tools and private investment opportunities.Īs an employer, Folio Investing's core focus on finance and technology are matched by its firm belief in the importance of human capital. The firm is unique in that it offers flat-fee pricing and commission-free window traces, enabling clients to trade freely without concern for nominal fees. By utilizing fractional-share investing, Folio Investing customers can trade securities that are less than a full share, including trading at any dollar amount. Furthermore, they have the option to choose from a catalog of more than 160 free, "ready-to-go folios" or hundreds of stocks, exchange-traded funds, or mutual funds. Founded in 2000 and headquartered in McLean, Virginia, Folio Investing strives to build better investors through its revolutionary online investment platform that features nearly 20 patented investment innovations.Ĭlients are not encouraged to trade on the basis of fads and can create an unlimited number of investment portfolios, known as "folios," and manage them with the click of a mouse. Researched & Written by Megan Dawkins on the FlexJobs Teamįolio Investing is a privately held financial services brokerage that specializes in diverse and customized portfolios that reap the benefits of direct stock ownership, maximize returns, and are managed at an affordable rate.
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