At first, using social may take a bit longer as you get comfortable, but once you master the tool it will become second nature and will likely become your most powerful marketing and client engagement tool.
An Insider's View
For most of the past year, the status of a uniform fiduciary standard for brokers and investment advisors might be summarized as, ďDonít hold your breath: the SEC has higher priorities.Ē But an important event last week may serve as an impetus to move this long-simmering issue forward.
These days, many people declare themselves experts in social media and will try to sell you seminars, training, and coaching services. Should you use them?
Firms need technology resources and budget allocation if they want to create a social media program for their advisors.
From a relationship standpoint, social media and the financial advisory business are a perfect complement to one another. But social media presents serious compliance issues for firms and advisors.
Morgan Stanley has gotten a lot of heat over "pre-approved content" to be used on social media by the firmís financial advisors, but there are several reasons it is actually an advantage, says head of digital strategy Lauren Boyman.
Lets just admit it. The words "indexed annuity" make advisors cringe. But is it time to give these products another look?
Hedge funds are packing up and heading south. Is this a continuing trend or a brief part of the financial sector's ongoing evolution?
Now that President Obama has been re-elected, Wall Street is weary of the future. How will the financial sector respond? When will it fully recover? Will the election results embolden regulators and inspire a greater degree of oversight? Will the President introduce new forms of regulation?
How can someone break into finance without a proper degree? Use what is available. Donald E Conrad didn't intend to have a career in finance, but today he is the founder and president of Conrad Capital Management.