Working at FOLIOfn | Glassdoor

FOLIOfn Overview

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Vienna, VA
1 to 50 employees
2000
Company - Private
Finance
Less than $1 million (USD) per year
Unknown
Folio Investing is the online broker dedicated to making investing better – for individual investors and the people who serve them. Over the past fifteen years, we’ve built our web-based brokerage platform using patented technology that’s second to ... Read more

Mission: FOLIOfn Investments, Inc. is a wholly owned subsidiary of FOLIOfn, Inc., which provides investment technology, management consulting and other services to the financial services industry.

We strive to:

Make it easier for investors to ... Read more

FOLIOfn Reviews

2.8
Star Star Star Star Star
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Recommend to a friend
Approve of CEO
(no image)
Steve Wallman
19 Ratings
  • "Folio Investing"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great work life balance and friendly people. Fresh fruit twice a week and holiday parties for various events throughout the year.

    Cons

    Aimless company direction that constantly is pitched as the next big thing.

See All 26 Reviews

FOLIOfn Interviews

Interview Experience

Interview Experience
71%
14%
14%

Getting an Interview

Getting an Interview
60%
20%
20%

Interview Difficulty

3.0
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Product Manager Interview

    Anonymous Interview Candidate in McLean, VA
    No Offer
    Neutral Experience
    Average Interview

    Interview

    HR initially phone screens applicants. There was a second phone screen with one of hiring managers prior to the office visit. The onsite interviews a collection of junior and senior professionals. Each interview is conducted 1:1. Only one senior interviewer asked detailed product management questions. The others seemed to focus more on a culture fit. The overall turnaround time was fairly quick.

    Tips/Notes
    1) The firm plays in multiple areas. They're a self clearing broker, but also offer an advisory API and robo-advising services. It's a good idea to be familiar with how they participate in the marketplace. They certainly try to innovate.
    2) Sign up for a free trial and review the platform, but don't expect UI/UX questions. They mentioned that the UX needs to be enhanced.
    3) For the product management questions: prepare by gathering and running through common questions from quora.
    4) Don't mention competitors. This visibly angered the interviewer.
    5) All interviewers repeatedly mention that the founder is deeply involved in dictating the product roadmap. His goal is to innovate to the benefit of the investor, however, that may not align with making products that are profitable. The product management team must spend time to determine how new products or enhancements must be molded to increase revenue. I was told that the firm could be more profitable but chooses not to be and there's no expectation that new innovations will increase profits.

    In hindsight, I didn't adequately prepare and wasn't ready to answer basic PM questions.

    Interview Questions

    • Screen
      Q: What do you know about us?
      Q: What are you doing at ____ right now?
      Q: Why are you looking?
      Q: What are you looking for in terms of compensation?

      Onsite
      Q: Do you invest?
      Q: Tell me about yourself and what you're currently doing at _______.
      Q: How do you manage products?
      Q: How do you decide what to build next?
      Q: How do you get gather feedback from users?
      Q: What do you think about our product?  
      Answer Question
See All 7 Interviews

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