Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Foliofn, Back From the Dead? Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, March 31, 2003

Foliofn, Back From the Dead?

by: Sean Hanna, Editor in Chief

Back in 2000 Foliofn was promising to make funds obsolete with its folio basket trading technology, now the firm is turning to fund firms and other institutional investors as key clients for its services. To oversee the shift, the firm has tapped Gordon Henderson as the president of its Foliofn Institutional division. That unit is targeting larger financial services companies, including broker-dealers, insurance companies, mutual funds and banks, said Steven Wallman, founder and CEO.

Foliofn's technology has garnered interest from unnamed "large financial institutions, both domestically and abroad," said Henderson.

"My role is to build on Foliofn's licensing successes of last year," elaborated Henderson. One of these areas is in multi-disciplinary accounts, or MDAs, that have caught the fancy of the managed account industry of late. He said the sales push will be focused on advisors and independent broker-dealers nationwide. "Over the next 3 months, we will put a lot of energy into strengthening our offering to these market segments," he explained.

Henderson is the former chairman of Global Trade Technologies, and chairman and CEO of both TradingLinx and BondNet Trading Systems. He also founded Corporate Bonds and was a senior vice president of the Chicago Stock Exchange.

Henderson has already made his first move by hiring, Greg Vigrass as vice president of institutional sales. Vigrass is targeting leads at financial advisors and advisory firms, money managers, and mutual funds and others participating in the separately managed account (SMA) industry.

Vigrass was most recently a sales and marketing vice president for Globenet Capital Corporation. Before that, he spent more than 10 years at Charles Schwab Institutional in sales and service roles.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use