Social Media impact on Finance


Interesting article on how social media tools help investors.

According to Nicholas W. Stuller, president of The Financial Information Group Inc., these tools – available to both investors and advisors – not only enhance the appeal and effectiveness of the current advisor directory listing services, but also will help investors more easily interact and share information online to both advisors and their network of fellow investors.
“Through our technology partner, Firestarter Software,” Stuller elaborated, “we’ve embraced the latest Web 2.0 technology to further our mission of helping investors find advisors. Moving way beyond simple advisor listings, we have empowered investors with the ability to interact with advisors in a dynamic online community via their own customizable dashboard, community news features, forums, blog access, network creation, private discussions and more. In short, investors and advisors can now interact in a vibrant online community via an unprecedented array of social media tools.”
Charlie Stroller, Financial Advisor magazine president & CEO, added, “When initially launched over seven months ago, the FinancialAdvisorMatch(TM) (FAM) Web site was, and still is, the most comprehensive directory on the Web today providing investors who are shopping for a financial advisor free-of-charge access to information on virtually every financial advisor in the United States. Specifically, FAM provides a list of advisors that match an investor’s shopping criteria inputted via an easy-to-use, online search engine: Practice specialty, years of professional experience, preferred compensation method, and geographic location.”
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About Gautam

Gautam is a HR professional interested in how emerging technologies are impacting work, careers and organizations.

Posted on November 2, 2008, in online and tagged , . Bookmark the permalink. Comments Off on Social Media impact on Finance.

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