Bet you didn’t know that HighTower—recently named #13 on Inc. magazine’s 2012 list of the 5,000 fastest growing U.S. private companies—is the frontrunner in the use of social media by financial advisory firms anywhere. It’s not surprising when you consider ...
financial social media
A top Morgan Stanley Smith Barney compliance officer said recently the company has been surprised to discover that its financial advisors in their 50s and 60s were achieving more success in the use of social media than younger advisors. The ...
Starting to feel left behind? You’ve been seeing your competitors set up social media programs and hearing tales of new business, growing reputations, and engaged customers. You’d like to jump in, but you’re wary of regulators or where to start. ...
A senior official at a broker-dealer recently told me that too many of his colleagues regard social media not as a business tool, but as a productivity drain. Really? I believe that social media, when used properly, is a productivity ...
There’s usually one in every company. The cowboy. He’s got a swagger in his walk and a smirk in his talk. He gives lip-service to the rules because he’s smarter than the rest of us. He’s too full of testosterone or ...
If you’ve ever taken a look at how FINRA defines the communications of its member firms with the public, you probably got a headache. But there may be good news coming. A simplified structure that consolidates six categories into three ...
For most of the world, Facebook’s “Like” button is fairly easy to understand. But if you work in the securities industry, it’s more complicated. When you click on a “Like” button on a Facebook Page, in an ad or in ...
So your securities firm is about to launch a social media program and blast off into unexplored territory. You’ve taken the time to think through your social media policy, how the new system will be supervised, and put it all ...
Toward the end of a speech before the IRI Government, Legal and Regulatory Conference today in Washington, DC, FINRA Chairman and CEO Richard G. Ketchum had a few words to say about financial social media. “I wanted to talk about ...
There have been no enforcement actions by regulators for the improper use of social media in the securities industry… yet. How long will that last? If you are a registered investment company or financial advisor waiting for it to ...
