Center for Due Diligence Interview

In preparation for the CFDD’s New Age Marketing Advisor Conference I did a short interview which you can hear below.

Some of the topics discussed were:

- Implications and questions of FINRA Notice 10-06 for financial advisors.

- Whether or not financial advisors will get value out of social networks.

- How you should treat personal vs. professional data while on these social networks (check back soon for a detailed blog post on this topic).

- Whether this new channel will overload the compliance department.

- Why firms and advisors are having a hard time understanding the compliance issues.

- Why firms are racing to adopt social media.

- Whether or not these are just tools for the younger generation.

- Best practices for advisors to get the most out of their social media investment.

- How long it takes to get a program up and running so advisors can start leveraging these sites.

I hope you enjoy the discussion and I look forward to seeing you at the CFDD conference in October.