Social media

Social media: Biggest risk is ignoring it

The introduction of social media capabilities within an organization creates an opportunity to increase awareness of an organization and improve brand awareness.

By Vikram Barhat |April 20, 2012

3 min read

Industry

Where to find wealthy prospects

Advisors often wonder where they can find wealthy clients. It turns out, they’re all hanging out on social media, with rich investors spending an average of 9 hours per week on their phones, 12 hours on their tablets and 22 hours on computers.

April 17, 2012

2 min read

Industry

Turn online reviews into referrals

Due to the continued growth of mobile Internet usage and the torrent of apps and platforms being produced, consumers are increasingly looking to online reviews and websites to find trusted businesses and services, according to the 2012 Local Consumer Review Survey.

April 16, 2012

2 min read

Industry

Online fraudsters headed for prison

The owners of a dot-com firm are headed to prison for fraud and conspiracy. With the help of two stock promoters, father-daughter duo Nasser and Sholeh Hamedani tricked investors into purchasing 2.7 million shares of their company, The Children’s Internet, at a cost of about $5.5 million. The pair defrauded investors by stating the company’s […]

April 9, 2012

2 min read

Compliance, social media can co-exist

When a whole 45-minute session at a compliance conference is committed to the use of social media in the financial services industry, it’s a sign that saying “no” to social media is no longer an option for advisory firms.

3 min read