What is account verification?
When you apply to open a brokerage account with Folio Institutional, Folio Institutional will confirm certain of your personal information, including your email address. This verification process is very important because Folio Institutional will be unable to open a brokerage account for you until your information has been verified, including your email address. Folio Institutional uses your email address to send you important notices and information, including information about your trade confirmations, account statements and year-end tax information. It’s important that your account is verified so that you can receive valuable information about your investments directly from Folio Institutional as your custodian.