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Folio Institutional was a financial technology company that provided innovative brokerage, custody, and clearing services, primarily catering to registered investment advisors (RIAs). Known for its fractional share trading, model portfolio capabilities, and flat-fee subscription pricing, Folio aimed to democratize investing and offer RIAs flexible, efficient tools. In May 2020, Goldman Sachs acquired Folio Financial, Inc., the parent company of Folio Institutional. The assets and technology of Folio Institutional were subsequently integrated into Goldman Sachs Advisor Solutions, enhancing Goldman's offerings to the independent advisor community.
Served as the primary operational hub, housing executive leadership, technology development, client services, and business operations for Folio Institutional before its acquisition.
Likely a modern office space within a corporate park, designed to facilitate collaboration and technological innovation, typical for FinTech firms in the Northern Virginia tech corridor.
As a FinTech innovator, the culture likely emphasized technological advancement, client-centric solutions, agility, and a forward-thinking approach to financial services.
The McLean headquarters was central to Folio Institutional's development of its pioneering platform and its service delivery to thousands of investment advisors across the United States.
Prior to its acquisition, Folio Institutional primarily focused on the U.S. market, serving American investment advisors. Now, as part of Goldman Sachs Advisor Solutions, its technology and capabilities are integrated into Goldman Sachs's extensive global network. Goldman Sachs has offices and operations in major financial centers worldwide, allowing it to support advisors with international clients or global investment strategies, although the core services derived from Folio's platform remain U.S.-centric for custody and clearing.
8180 Greensboro Drive, Suite 800
McLean
Virginia
USA
Address: N/A
N/A
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
As of April 2025, Folio Institutional' leadership includes:
Folio Institutional has been backed by several prominent investors over the years, including:
Specific executive movements directly tied to former 'Folio Institutional' roles are unlikely post-acquisition integration. News would pertain to Goldman Sachs Advisor Solutions leadership. No major publicly announced hires or exits directly linked to ex-Folio functions within GSAS have been prominent in the last 12 months. General leadership changes at Goldman Sachs may occur.
Discover the tools Folio Institutional uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Following the acquisition, employees integrated from Folio Institutional would adopt Goldman Sachs's corporate email format. Standard Goldman Sachs email formats generally use the pattern: firstname.lastname@gs.com.
[first].[last]@gs.com
Format
jane.doe@gs.com
Example
90%
Success rate
Goldman Sachs Press Release • May 14, 2020
Goldman Sachs announced it entered into an agreement to acquire Folio Financial, Inc., a leading execution, clearing, and custody technology provider. This acquisition is intended to expand Goldman Sachs's offerings for Registered Investment Advisors (RIAs) through its Goldman Sachs Advisor Solutions business....more
InvestmentNews • September 10, 2020
Goldman Sachs completed its acquisition of Folio Financial, marking a significant step in bolstering its services for independent financial advisers. The integration of Folio's technology and brokerage capabilities into Goldman Sachs Advisor Solutions was set to begin....more
Citywire RIA • February 1, 2023
An update on Goldman Sachs Advisor Solutions, highlighting how the firm is leveraging the technology and capabilities acquired from Folio Institutional to compete in the RIA custody market, aiming to attract more advisors to its platform....more
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