Do you remember the last time you received a handwritten letter or note, or were struck by beautiful penmanship? Lauren Foster does.
Advisers need to be using social media, says Barbara Stewart, CFA. Call it social selling. It is not a replacement for traditional, proven selling practices, but in today’s world, you have no choice but to incorporate it into your daily life as an adviser.
Perhaps one reason panglossian market conditions can persist in the age of Twitter and Instagram is that omnipresent social media allow us to edit out anything that vaguely threatens our preferred mindset about stocks.
Advisers who “go social” have an edge in business. A wealth management veteran shares the story of his social media conversion and offers tips on how advisers can build their own personal brand online.
“We trained hard, but it seemed that every time we were beginning to form into teams we would be reorganized. I was to learn later in life that we tend to meet any new situation by reorganizing, and what… READ MORE ›
The economic backdrop figures prominently in the chatter among investment strategists of late as they debate the sustainability of the “decoupling” of the US economy from sluggishness in the rest of the world. Bank of America Merrill Lynch strategists have called the decoupling trade — long US stocks and the dollar — “the most crowded trade in the world.” As US stocks hover near all-time highs, those with a contrarian bent may be receptive to the latest missive from Joe Calhoun. In "Is It Time to Zig?" he suggests investors might want to look outside of the United States for opportunities.
A look at the UK central bank's successful foray into the risky business of live Twitter chats.
According to Michael Kitces of Pinnacle Advisory Group, “social media” is just a new term for the basic networking activities that financial advisers have been using for their entire careers.
History suggests that those who use a crystal ball to predict the future are often forced to eat crushed glass. It is useful is to cogitate about what can happen in the future aside from a mere extrapolation of a current trend.
April Rudin, founder and CEO of the Rudin Group, has some compelling reasons for financial advisers to develop a social media presence.