Steven Wallman is founder and CEO of FOLIOfn, Inc., the parent company of Folio Investing, Folio Institutional, and VIA Folio. Together, these three Folio brands deliver innovation that benefits investors and those who serve them. Folio Investing is the brokerage focused on helping individuals invest in a smarter, more diversified, customized, cost-efficient, and tax-efficient way. Folio Institutional provides fully-integrated trading, custody, and clearing solutions to registered investment advisors, other broker-dealers, and institutions, servicing many billions of dollars of investor assets. Folio’s patented technology helps investors of all types and with all ranges of account sizes create customized and diversified portfolios, make cost-efficient trades, and benefit from one-of-a-kind tax management tools. VIA Folio is an innovative private investment platform that makes it easy for portals, issuers, brokers and advisors to engage with private debt and equity offerings.
Mr. Wallman is a recognized authority on securities markets, trading, and the application of technology to financial services. He is currently a member of the FINRA FinTech Committee and recently served on the SEC’s Investor Advisory Committee, where he chaired the Market Structure Subcommittee. Before founding Folio, Mr. Wallman was an SEC Commissioner from 1994 to 1997. His tenure there was characterized by advocacy on behalf of individual investors. Previously, he was a partner at the law firm of Covington & Burling. He earned his Juris Doctor degree from Columbia University, and holds two degrees from the Massachusetts Institute of Technology.
George R. Gay CFP, AIF is Chief Executive Officer of First Affirmative Financial Network and chairs the First Affirmative Investment Committee. George served on the board of directors of the Social Investment Forum for more than a dozen years, and has produced and hosted the annual SRI in the Rockies Conference since 1990. He was the recipient of the industry's 1997 "SRI Service Award." George earned his Certified Financial Planner designation in June 1984 and completed a range of securities examinations covering the practice and supervision of securities business. He has held Series 24 (Registered Principal), 7 (Registered Representative), 65 (Uniform Investment Advisor), 53 (Municipal Bond Principal) and 63 (Uniform Securities Agent) licenses. He earned his AIF designation (Accredited Investment Fiduciary) in November 2003.
George joined the company that was to become First Affirmative Financial Network as a financial planner in November 1986. He assumed the position of Chief Operating Officer of First Affirmative in 1989 and managed the sale of the company to Walnut Street Securities, Inc., in 1995. George served as President of the First Affirmative division of Walnut Street Advisers and as Vice President of Walnut Street Advisers (May 1995-June 1999). He became CEO of the newly independent First Affirmative Financial Network, LLC on July 1, 1999.
Born in 1952 in Monroe, Michigan, Mr. Gay is a 1974 graduate of the United States Military Academy at West Point; he served on active duty for nine years in various command, staff and faculty assignments as an Armor officer. His final assignment on active duty, and then for three years as a civilian, was in the Resource Management Division, Directorate of Personnel and Community Activities at Fort Carson, Colorado. As division chief, George was responsible for the financial management of most business operations on the installation, ranging from the Golf Course and Bowling Center, to the Club Systems and Child Care operations. Upon his departure, he was awarded the Department of the Army "Commander's Award for Civilian Service."
Greg Vigrass is president of Folio Institutional. He joined the company in 2003, and oversees all corporate sales and business development activities with financial advisors, money managers, mutual fund companies and other financial institutions. He is a noted expert on digital advisory services, SRI industry perspectives, brokerage technology, and risk mitigation.
Mr. Vigrass previously served as vice president, sales and marketing for GlobeNet Capital Corp. Prior to that he worked for 10 years at Charles Schwab & Co. Inc., spending significant time in senior level institutional sales and service roles at Schwab Institutional. He holds a BA from the University of Hawaii, and has more than 20 years of experience in the financial services industry.
Amy Thacker is the chief operating officer for First Affirmative Financial Network, LLC where she is responsible for driving its day-to-day business operations and providing leadership to ensure successful execution of the business strategy. She holds the Series 7, 6 and 63 (Registered Representative) licenses, and is a certified Six Sigma yellow belt. Amy joined First Affirmative in March of 2018.
Before coming to First Affirmative, Ms. Thacker spent 19 years at T.Rowe Price, where she most recently served as a Vice President in Retirement Plan Services. During her time at T.Rowe Price, Ms. Thacker worked on the successful administration of 401(k) plans that included both front and back office responsibilities. Most recently Ms. Thacker was responsible for directing a strategic project team focused on transforming the business model, recordkeeping platform, and ancillary applications.
Ms. Thacker has a B.S. in Nutrition from the University of Northern Colorado and a Masters in Organizational Leadership from Regis University.
Steve Holstein is the Chief Marketing Officer (CMO) of FOLIOfn, Inc., and leads all marketing strategy and activities that drive business for Folio Institutional, Folio Investing, First Affirmative Financial Network, and the SRI Conference. These businesses provide innovative brokerage, custodial, and technology services for investors and those who serve them. He joined the company in 2016, bringing with him over 34 years of marketing, product and business development, and operations experience in the financial investment industry.
Prior to joining Folio, Mr. Holstein was the head of Covestor, the first online marketplace (e.g., digital advisor) connecting money managers with investor clients, that was acquired by Interactive Brokers in 2015. Prior to Covestor, he was the CMO at Guardian and propelled the growth of its asset management and insurance businesses through innovative marketing and product development. Previously, he was Senior Vice President and Chief e-Business Officer at MassMutual and led the marketing and distribution strategy for its insurance, annuities, retirement services, and investment programs. Prior to MassMutual, Steve was with Cypress Holding Company, where he served as the CMO and Managing Director of its retail and institutional divisions.
Mr. Holstein started his career with Fidelity Investments. While at Fidelity he held a number of roles including Marketing Manager of Fidelity’s international, growth and sector products, including the Magellan Fund. He has also held senior marketing roles at Fleet Bank, Allmerica Financial and Federated Investors.
Mr. Holstein received his MBA from Boston University and is a graduate of Clark University, Burke Institute and the Kellogg Graduate School of Management.