Folio Investing acquires BUYandHOLD accounts.
M2 EQUITYBITES-February 20, 2015-Folio Investing acquires BUYandHOLD accounts
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Folio Investing said effective February 17, 2015, it has acquired BUYandHOLD's accounts to provide do-it-yourself investors an alternative approach to fad investing and flash trading.
Folio said instead of overwhelming volumes of research or tools that can add risk, customers are offered a blueprint for success with five principles that include diversification, cost reduction, customization, consistent investment, and tax minimization.
The company said it has combined these principles with patented tools that put the DIY investor in a position for long-term success.
The BUYandHOLD acquisition reflects Folio's continued expansion and commitment to providing a smart, cost-effective alternative to "big box" online brokerages.
?Folio Investing is the online brokerage where investors can create an unlimited number of diversified investment portfolios to combine the benefits of direct stock ownership with the convenience of mutual funds. For more information, visit http://www.folioinvesting.com.
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