The Wherewithal Blog

Practical investing and personal financial advice

 

Is my money safe with Folio Institutional?

Posted by admin on February 13, 2013

Yes. Folio offers insurance coverage for accounts valued up to $50 million. Accounts are protected by a combination of Federal Deposit Insurance Corporation (FDIC), Securities Investor Protection Corporation (SIPC) and private insurance coverage.

Please note that while your money is insured, no insurance coverage protects against losses resulting from the decline in market value of securities.

Posted by admin

In Support, Folio Institutional

on February 13, 2013