Asif Nasim, managing director, Wickware Communications, talks about how to leverage social media to increase your community, referrals and public profile, while staying firmly within compliance procedures. Nasim spoke with Investment Executive reporter Fiona Collie, at the TMX Broadcast Centre in Toronto.
Following the release of IIROC's final guidelines on the use of social media late last year, firms of all stripes are in various stages of exploring how social media can be harnessed as a communication tool between advisors and their clients
Ed Rempel started blogging as a way to increase financial literacy. That's still his main purpose, but his large online following also has expanded his financial planning practice and reduced time spent on conventional marketing strategies
Advisors have a responsibility to ensure they’re using social media in a compliant manner
Investors reminded to exercise caution about suspicious solicitations
Thieves are going online in greater numbers and using social media networks such as Facebook, Twitter and LinkedIn to gather more information about their targets
By comparing your business practices with privacy laws, you may be able to use the web in limited ways to research people
Financial advisors using social media or Internet search websites to conduct background checks on job candidates or clients could be violating privacy laws. However, the privacy commissioners’ offices in British Columbia and Alberta recently released guidelines on this issue for businesses in their provinces. Guidelines for Social Media Background Checks were released in October 2011 […]
Using social media for background checks in a business context can violate privacy legislation
Twitter can be a powerful tool if you control its risks