Social media usage in the wealth management sector has increased in the past twelve months despite ongoing concerns about regulation and compliance, according to the 2014 PAM Insight Social Media Survey.

The second annual survey, in association with Citigate Dewe Rogerson, reveals that the wealth management sector is establishing a presence on multiple social media channels. The most popular channels in use currently are LinkedIn with 83 percent of respondents having a corporate presence or client/company group. A corporate Twitter account is used by 54 percent, with video channels and Facebook both used by 25 percent.
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