Miami-based linkedFA, a social networking site catering primarily to independent financial advisors, this week locked down a $3 million cash infusion from a pair of angel investors eager to see the fledgling site take flight.
While tens of thousands of independent financial advisors looking to build their brand and their book of business are just now warming to social media, most are still reluctant to jump in with both feet due to compliance and regulatory issues set forth by FINRA, the SEC and FSA, most of which deal with archiving and recalling all correspondence to protect investors.
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