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Social media marketing may be a foreign language that some advisors stumble with, but becoming a master of it is only a matter of time. Craig Faulkner, chief executive officer of FMG Suite and the company’s social marketing guru identifies some of the more common mistakes that can trip up advisors.

Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein is among the executives scheduled to meet with U.S. House Republican leaders on the so- called “fiscal cliff,” according to a House aide.

Nuveen Investments has added equities veteran Bob Doll to its asset management team.

Schapiro, 57, will be replaced as chairman when she steps down on Dec. 14 by Commissioner Elisse Walter, former senior executive vice president at the Financial Industry Regulatory Authority, President Obama said in a statement.

For every household with more than $250,000 in assets in an advisor’s book, predicted future annual revenue is expected to increase by $1,650.

Debt casts a big shadow in the minds of most Wall Street thinkers’ as they make their 2013 forecasts, and Jim Swanson of MFS Investments warns investors not to take the complacent view of “well, we’re a lot better off than Greece and Italy.”

The Securities and Exchange Commission has initiated cease-and-desist proceedings against a New York-based advisor for submitting false information on a registration form in a bid to duck its regulatory obligations with state authorities.

Securities and advisory firm, Multi-Financial Securities Corporation, announced today the signing of two new advisors, Dave Strunc and Nicholas Russell, founders of Sunrise Wealth Advisors, an Orlando, FL, based advisory firm.

The Investment Company Institute, noting its disagreements with outgoing Securities and Exchange Commission chairman Mary L. Schapiro, lauded the “record of accomplishment” of the woman nominated to succeed her.

Legg Mason has joined as one of a handful of firms to win approval from the Securities and Exchange Commission to launch active exchange-traded funds.