Foliofn, the Vienna, Virginia-based financial services firm that specializes in allowing investors to construct easy-to-customize portfolios themselves, has hired a Wall Street veteran to be new institutional chief and is expanding its offerings to RIAs.
The new Foliofn Institutional president, Gordon Henderson, previously ran a number of firms including Global Trade Technologies, a bond trading system provider, as well as BondNet trading Systems. Henderson says he plans to step up Foliofn‘s efforts to license its trading technology to other firms; among its current licensees are Quick & Reilly, Brinker Capital, and, industry sources say, Currian Capital, a recently formed separate account provider.