Showing posts with label FMG Social. Show all posts
Showing posts with label FMG Social. Show all posts

Thursday, January 5, 2012

Financial Advisors Getting Social

Digital and social media marketing initiatives in the financial investment sector must be FINRA compliant. FMG Social toolkit provides regulatory-approved content For some of the more regulated professions like financial services, social media engagement with clients and new prospects can be risky if financial planners and advisors don't closely monitor the legal implications of how they interact online. Yet, financial advisors know from recent research that more than 70 percent of people with a net worth of $5 million or more are on Facebook and other social network sites. They also know that recent surveys by leading investment firms show that more than 66 percent of millionaires want to use social media to interact with their advisors. To help overcome the social engagement hurdles, a new social media toolkit has been developed for the financial services industry to help financial professionals boost customer retention rates and accelerate prospecting initiatives, all in compliance with the guidelines and statutes enforced by the Financial Industry Regulatory Authority (FINRA).
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