This week’s Bits and Bytes is a big one! There are a few stories carried over from the previous week, as updating this page when traveling exclusively with an iPad is not the easiest thing to do, but a lot of great stories entered the wires this week, too.
And a reminder, Bill will be attending FPA NorCal next week in San Francisco, presenting Cultivating Clients in a Connected World on Wednesday afternoon. If you’ll be there, stop by and introduce yourself!
Here are this week’s stories of interest:
Choosing Software That Works for Your Advisory Firm—Part 6: Ensuring New Technology Meets Your Business Goals from AdvisorOne.com
The sixth update in a series by Spenser Segal of ActiFi designed to present best practices to advisors on how to choose, implement and monitor new technology for an advisory firm.
Compliance and Connectivity from Financial-Planning.com
Well, well, it seems that Bill’s presentation Cultivating Clients in a Connected World has persuaded Bob Veres to consider adopting social media for purposes other than marketing and search engine optimization. See what he has to say about advisers considering this new communication medium (and follow @bobveres on Twitter).
Smarsh Report Identifies Electronic Communications Compliance Gaps at Smarsh.com
Smarsh, the email and social media archiving solution provider, released results from a survey of compliance professionals regarding the use of electronic communications including social media. In summary, it confirms what you already know: compliance professionals aren’t up to speed on supervising and archiving electronic communication, specifically social media.
Tweet on the Street from NYTimes.com
Morgan Stanley is ready to unleash its 17,800 brokers into popular social media service Twitter (their archive and monitoring solution is Socialware). But nothing they post will be unscripted. Good luck with that, we say.
IPS AdvisorPro® and Redtail Integrate Technology Systems from IPSAdvisorPro.com
IPS AdvisorPro® and Redtail Technology announced the availability of a new data integration between their industry leading technology platforms for financial advisors. The new integration will streamline the preparation of Investment Policy Statements (IPS) by automatically populating IPS AdvisorPro® fields with client information contained in Redtail’s CRM solution.
After tortoise-like beginnings, AssetBook is now on-the-hop in portfolio management software from RIABiz.com
One smaller but fast-emerging portfolio management software firm is AssetBook. Based in McHenry, Md., it has burst onto the portfolio management software scene thanks to a recent marketing push and now has 150 firms using its services.
