Folio Investing and BetterInvesting Offer Investment Clubs Commission-Free Investing
McLean, VA (PRWEB) September 28, 2009 -- Folio Investing and BetterInvesting announced an alliance today to significantly improve the way BetterInvesting-member clubs invest for their financial future. Under a pricing plan designed exclusively for BetterInvesting, Folio Investing will provide qualified member clubs with unlimited trades and the ability to buy and sell securities completely commission-free in twice-daily trading windows. BetterInvesting-member clubs also will have access to Folio Investing's unique portfolio trading capabilities through its exclusive Folio product.
Founded 10 years ago, Folio Investing is an online brokerage that enables investors to manage stocks, ETFs, and/or mutual funds as an integrated investment portfolio called a "Folio." Investors can manage securities in a Folio individually just like at other brokerages, but with Folios, investors can also trade an entire portfolio in a single transaction. Investors using Folios and window trades can reduce or even eliminate the trading commissions and asset-based fees they pay now to their existing brokerages.
BetterInvesting, founded in 1951, is the nation's largest nonprofit organization dedicated to investment education, providing knowledge and practical experience through investment clubs, local volunteer chapters, online courses and an active online community. Along with its ICLUBcentral subsidiary, the organization provides unbiased, time-tested tools and resources for investors of all experience levels.
"Folio Investing is an ideal match for BetterInvesting's principles," says Kamie Zaracki, CEO of BetterInvesting. "It gives members the freedom to comprehensively implement the BetterInvesting approach for their club and personal investment portfolios."
Owen Bowers, Vice Presdient of Business Development for Folio Investing says, "It seems only natural that BetterInvesting and Folio Investing should come together to provide a combined service to clubs. The Folio Investing model ideally fits with the teachings and education programs offered by BetterInvesting. We are excited about working with the BetterInvesting Community."
About Folio Investing:
Folio Investing, a division of FOLIOfn Investments, Inc., is an online brokerage that enables investors to manage stocks, ETFs, and mutual funds as integrated investment portfolios called "Folios" that deliver better control, greater transparency, and lower cost. Investors can create their own Folios, much like creating personalized ETFs or mutual funds, or invest in over 100 Ready-to-Go Folios representing market indices, sectors, geographical regions, target dates, and more. The Folio Unlimited Plan features unlimited commission-free trading in twice-daily windows for only $29 a month or $290 a year. Ready-to-Go Folios can be managed or unmanaged, are not registered investment companies, and are offered by FOLIOfn Investments, Inc., a registered broker-dealer. FOLIOfn Investments, Inc. does not provide investment, tax, or legal advice. FOLIOfn Investments, Inc., is a member of FINRA/SIPC. For more information, please visit www.folioinvesting.com
About BetterInvesting:
BetterInvesting is the brand identity of the National Association of Investors Corporation, a national, nonprofit association with members consisting of individual investors and investment clubs. Founded in 1951 and with headquarters in Madison Heights, Mich., BetterInvesting is considered the voice of the individual investor, as well as the pioneer of the modern investment club movement. BetterInvesting is dedicated to providing a sound program of investment education and information to help its members become successful long-term, lifetime investors.
For media inquiries, please contact:
BetterInvesting
Brenda Gayle
BetterInvesting
711 W. 13 Mile Road
Madison Heights, MI 48071
Phone: (248) 654-3047
Email: mediacenter (at) betterinvesting.org
Folio Investing
Blaine McLaughlin
Folio Investing
8180 Greensboro Drive, 8th Floor
McLean, VA 22102
Phone: (703) 245-4826
Email: mclaughlinb (at) folioinvesting.com
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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