FAC uses Folio Institutional, Inc. as an independent custodian because their philosophy goes hand-in-hand with ours. The company was founded by Steven M.H. Wallman, a former commissioner of the Securities and Exchange Commission (SEC), after the fallout of the 2008 Wall Street debacle. Its innovative technology and single-cost platform protect investors by giving them direct, real-time access to their assets and ensuring complete transparency in every transaction.
Folio does not sell its own products, nor does it engage in investment banking, lending, trading or other activities that might put clients assets at risk. As a member of the Securities Investor Protection Corporation (SIPC) and the Federal Deposit Insurance Corporation (FDIC), Folio provides FDIC insurance of up to $4.5 million for individual and $8.5 million for join accounts on all cash positions.
First Advisors Capital, Inc. (FAC) is an investment adviser registered with the State of Alabama.
4956 Valleydale Road Suite 203 / Birmingham, AL 35242 / 205-991-8484
The information contained herein has been obtained from sources believed reliable solely for informational purposes but, is not necessarily complete and cannot be guaranteed. This communication may contain inaccuracies or typographical errors. First Advisors Capital, Inc.(FAC) does not render legal, accounting, or tax advice. Where performance data is shown, past performance is not an indicator of future results. This communication may contain non-public, proprietary, confidential or legally privileged information. Please contact FAC to obtain the additional disclosures necessary to make an informed decision including but not limited to FAC's: Adv. 2a, 2b, FAC Client Investment Agreements, Fee Schedules, Fact Sheets, and other important disclosures and disclaimers, before you invest.