Anyone have experience or know anything personally about Folio Institutional as an RIA custodian? I came across them researching custodians that favor cater to smaller RIAs (my preference). They appear to have no AUM minimums. They also have client-access reporting and tax docs, and do free block trades 2x/day, which is perfect for tax-exempt rebalances.

Their website and brochure are nice but don't tell everything. I'm wondering if anyone here has some personal knowledge on them. Thanks.