Advisers need to embrace selling through social media

09/30/2013 | ThinkAdvisor

Clients of financial advisers have changed the way they communicate and now make much greater use of social media than they have in the past, says Clara Shih, co-founder of Hearsay Social, which helps financial services companies implement "social selling." A Cogent Research survey of investors found that among those seeking an adviser or changing advisers, 70% relied on social media, Shih and Hardeep Walia of Motif Investing wrote in a blog post.

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