Importance of Social Networking for the Financial Community

Miami, FL 6/14/2010 08:57 PM GMT (TransWorldNews)

A report was recently released by Spectrem Group titled “Social Media and the Investor” which surveyed 500 financial decision makers in households with over $50,000 in annual income who spend at least two hours per week on the internet.

 

Results from the study indicated that 36% of investors are interested in receiving information from their advisors or corresponding with them through Social Media. 77% of investors in the study that read blogs are likely to utilize them for information on new financial products and services.

 

In a time of such a troubled economy and poor market conditions it is essential that Financial Advisors open up multiple channels of communication in order to increase investor confidence. Until this year, Social Media was taboo in the financial world due to regulation concerns.

 

linkedFA was developed to fill the void within the financial community and offers unique features addressing rules and regulations set forth by FINRA and other agencies. With linkedFA users can maximize their efforts on a Social Network by communicating safely and securely on a platform which offers best in class networking features.

 

linkedFA is not approved by, endorsed by, or affiliated with FINRA.

 

About linkedFA

linkedFA is a privately owned, independent company, founded in November 2008. It is the first and only social networking site for the financial community, evolving the way financial professionals and investors connect, inform and interact. linkedFA adheres to FINRA required compliance, supervision and record keeping features.