Financial advisers are using social media as their main marketing tool, according to a study for adviser support company Intelliflo.

Coutts has launched a new social media platform called Coutts Connect to enable its network of clients to "meet, introduce and interact" with each other online in a safe and secure environment.

Nearly three in four financial advisers are using social media with the percentage increasing, according to Intelliflo’s 4th annual survey into social media usage.

Finance firms are failing to properly record and supervise their staff’s activity on websites like Twitter and LinkedIn despite new FCA guidelines, a study concluded. Read more...