Financial advisors have a huge opportunity to solidify relationships and uncover new opportunities through social media, especially LinkedIn. We understand the pressures and challenges of advisors and advisory firms. We guide advisors to optimize their profile, consistently update their network, and expand their spheres of influence. Studies show that affluent investors are increasingly using social media, especially LinkedIn, to find advisors linked to people they know, like, and trust. This is not a cookie cutter service. We treat each advisor and advisory firm individually with custom programs tailored to their needs.
2. 2014 Trends
• Many new features make LinkedIn a cross
between a professional web site and social
sharing platform.
• The integration of Slide Share and blogging
extends and enhances a LinkedIn profile.
• Accelerated adoption of social media (especially
LinkedIn) by advisors.
• Advisors are demonstrating success in uncovering
and closing on new business through LinkedIn.
10. • Recommendations on photo
• Keyword rich summary based on
exploratory interview
• Uploading of PDF, Excel, Word,
video, logo and audio files
• Tagging and content for all files
• Integrate SlideShare w/ LinkedIn
• Blog or RSS news feed on profile
• Disabling or modifying
“Recommendations” and
Endorsements for “Skills &
Expertise”
• Compliance strategy
Step 1: Optimize Profile
• Involves LinkedIn strategist
and professional writer
• 10 day turnaround
w/materials
• Essential foundation for
Step 2 and Step 3
LinkedIn Programs For Advisors
11. • Post consistent updates
• Join and participate in
groups
• Expand and diversify your
network
• Comment on timely news –
add value
• Integrate presentations,
events, RSS feeds
• Contribute to “Answers”
Step 2: Build Trust
• 3 month minimum
commitment
• 3 hours monitoring of
progress and dedicated
coaching via Skype
• Monthly progress / status
• Goal setting / achieving
LinkedIn Program For Advisors
12. • Identify prospects to help
you reach your goals - 2nd
and 3rd degree connections.
• Individual outreach strategy,
follow-up assessment.
• Update and fine tune your
profile. (Step 1)
• Continue to Build Trust
(Step 3)
Step 3: Advanced Search / Referrals
• 3 month minimum
commitment
• 3 hours monitoring of
progress and dedicated
coaching via Skype
• Monthly progress / status
• Monthly goal setting review
LinkedIn Program For Advisors
16. Benefits of LinkedIn “Showcase” Page
Own Keywords that will
influence LinkedIn search
and Google search.
Showcase Pages are highly
leveraged branding tools
that are not widely used.
There is opportunity to
own valuable keywords
and drive attention.
19. 845 Third Avenue, 6th floor
New York, NY 10022
influenceAdvisor.com
http://influenceadvisor.com/resources
Mark Rose
mark@influencecentral.com
https://www.linkedin.com/in/mrosepr
Notas del editor
As of June 17, 2014 – proprietary research InfluenceAdvisor. If you re-use this information please site sourse: InfluenceAdvisor.com
Ameriprise
Facebook: 72,029 Likes. https://www.facebook.com/Ameriprise
Twitter: 2,645 Followers. A resource for news media, providing the latest updates and information from Ameriprise Financial. https://twitter.com/Ameriprise_News
YouTube: 1,155 Subscribers. Commercials, market analysis. https://www.youtube.com/user/Ameriprise
LinkedIn: 47,166 Followers. Used for recruitment. https://www.linkedin.com/company/ameriprise-financial-services-inc
Website, home page. A link to finding an advisor through LinkedIn connections.http://www.ameripriseadvisors.com/
Raymond James
Facebook: 4,069 Likes. https://www.facebook.com/RaymondJames
Twitter: 5,366 Followers. https://twitter.com/RaymondJames
LinkedIn: 21,678 Followers. https://www.linkedin.com/company/raymond-james-financial-inc-
YouTube: 111 Subscribers. https://www.youtube.com/user/raymondjames
Google +: 4 Followers. https://plus.google.com/u/0/111668658646947160363/about
Commonwealth Financial Network
Blog: posts on practice management, succession planning, marketing; sidebar links to white papers and magazine. No comments or engagement.
YouTube: 49 Subscribers. Monthly “Market Thoughts” from CIO; “Mind Over Money” series has low traffic. https://www.youtube.com/user/CommonwealthBD
Twitter: 624 Followers. Actively Tweeting supporting blog posts, conferences, community events. https://www.facebook.com/CommonwealthFinancialNetwork
Facebook: 929 Likes. https://www.facebook.com/CommonwealthFinancialNetwork
LinkedIn: 3,763 Followers. https://www.linkedin.com/company/commonwealth-financial-network
Google+: Inactive. https://plus.google.com/u/0/110505839219052745768/about
LPL Financial
Facebook: 6,688 Likes. https://www.facebook.com/LPLFinancialLLC
Twitter: 10.2 K Followers: https://twitter.com/LPL
LinkedIn: 19,075 Followers. https://www.linkedin.com/company/lpl-financial
YouTube: 101 Subscribers. https://www.youtube.com/LPLFinancial
Google +: 3 Followers. https://plus.google.com/u/0/118043229518223959646/about
Investment news infographic advisers and social media
Investment News Social Media Report - August 2013; Advisors and Social Media; New survey results on adoption of social media by financial advisors, financial planners, investment advisors and investment brokers
http://www.slideshare.net/crystalthies/investment-news-infographic-advisers-and-social-media
LinkedIn, in partnership with FTI Consulting and Cogent Research, May, 2012
http://marketing.linkedin.com/sites/default/files/pdfs/LinkedIn_FinancialAdvisorsResearch_2012.pdf
-- 62% of financial advisors actively prospecting on LinkedIn over the past year converted new clients from that process.
-- 32% of the financial advisors who converted new clients from LinkedIn had $1 million or more in new assets under management from new clients.
-- There are 5 million “affluent investors” with $100,000 or more in investable assets and 73% of them use LinkedIn to research investment decisions.
-- The “ultra affluent investors” with $5 million or more in investable assets are 157% more likely to trust articles shared on LinkedIn and 37% more likely to trust information shared by their LinkedIn network.
-- 52% of affluent investors say that they would interact with financial advisors via social media, but only 4% currently are being engaged by financial advisors online.
* LinkedIn, in partnership with FTI Consulting and Cogent Research, May, 2012 http://marketing.linkedin.com/sites/default/files/pdfs/LinkedIn_FinancialAdvisorsResearch_2012.pdf
More success stories.
Morgan Stanley: The company announced in June that it’s going to roll out access to Twitter and LinkedIn to all 17,000 financial advisors (NY Times story)
$2.6 million rollover: How Morgan Stanley advisor Mark Scribner used LinkedIn to land a $2.6 million 401(k) rollover (Wall Street Journal article)
$70 million account: Mitchell Rock explains how LinkedIn generated business for his group, including a $70 million account (Reuters)
Targeting Mass Affluent, Affluent, and Ultra Affluent
Market research, economic trends, commentary. Advisors can offer their own personality and insight to engage in content-marketing, even as an independent. Advisors must market for new clients – social media is a shift in their marketing attention, and does not necessarily an added burden.
http://www.slideshare.net/LImarketingsolutions/linked-in-hnwinvestorresearch2012-13635022
5 Action Points
--‐ 1: Clearly define a Specific Goal
--‐ 2: Think of People who Can Help You Reach Your Goal
--‐ 3: Use LinkedIn’s Advanced Search
--‐ 4: Find People who Can Help You
--‐ 5: Get Introduced to People who Can Help You