A successful social media strategy will take time, so make your efforts as efficient as possible.
“There's no doubt that social media can be time consuming,” says Robert Sofia, co-founder of coaching firm Platinum Advisor Strategies. Don't let this overwhelm you, he adds. “You shouldn't feel like you need to be on social media all day.”
The remedy? Budget your time. “Budget a mere 15 minutes in the morning and 15 minutes at the end of the day to update and review your profiles,” Sofia says. He also recommends hiring an outside company to create some posts and status updates for you, which you can then supplement with your own posts.
“While you should be using social media, your time is better spent in front of current and potential clients,” Sofia says.
For busy advisors, Maggie Crowley, marketing coordinator for Advisor Websites offers another option. “One way to lighten the load, so to speak, is to use a tool like
Hootsuite is an automated service that allows users to schedule posts in advance from multiple social media channels. “For instance, you can write one message that will be posted on Facebook, Twitter and LinkedIn, at whatever time you choose,” Crowley says. Other social media dashboard applications like Tweetdeck, SocialOomph and NetVibes offer similar capabilities.
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Nearly two-thirds of advisors surveyed this month said that internal training programs or workshops were offered by their firms.
February 6 -
The 260 advisors in Huntington's wealth unit will now turn to Ameriprise for brokerage, advisory and insurance services previously provided internally.
February 6 -
Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.
February 6 -
Financial advisor Drew Boyer turned an accidental acceptance from a fire chief into a successful niche serving firefighters and police officers.
February 5 -
Private equity-backed M&A activity has steadily risen. Owners may do great in a sale, but what about advisors lower in the organization?
February 5 -
With unfounded rumors spreading that Osaic was about to buy its rival Cetera, a Texas-based headhunting firm started calling advisors to see if they wanted to move. Other industry recruiters say that crossed an ethical line.
February 5




