Study: LinkedIn usage amongst financial advisors

In Category: Social Media

By: (180 articles)

4 Aug 2010

I have been writing more and more articles on social media, and more specifically on LinkedIn over the past few months following our readers and clients request. During our last LinkedIn’s webinar, I was surprised to see that about half of our attendees were not really active on LinkedIn nor were they using some of the most advanced features designed to grow their personal brand.

As a result, I invited our readership to answer 11 questions on how they are currently using LinkedIn. I was pleased to see that 349 financial advisors and investment advisors took the time to fill this survey and share their experience using this specific social networking site.

Feel free to share  this study on your blog or in your marketing materials, just make sure you leave a comment below and properly attribute this study to Loic Jeanjean on behalf AdvisorWebsites.com

Do you currently have a LinkedIn profile?

chart1 - do you have a linkedin profile - advisorwebsites.com

Does your LinkedIn profile show your picture?

chart2 - did you upload your picture - advisorwebsites.com

Which external links did you include on your profile?

chart3 - what links did you include in your profile - advisorwebsites.com

Which contact groups did you add to your network?

chart4 - what group of contacts did you add - advisorwebsites.com

How many recommendations, if any, are listed on your profile?

chart5 - how many recommendations have you received so far - advisorwebsites.com

How many LinkedIn Groups are you following?

chart6 - how many LinkedIn groups are you following - advisorwebsites.com

Have you ever used LinkedIn Answers?

chart7 - have you ever used LinkedIn Answers - advisorwebsites.com

Which LinkedIn application(s) are you using?

chart8 - which LinkedIn application(s) are you using - advisorwebsites.com

Are you using LinkedIn DirectAds?

chart9 - are you using LinkedIn DirectAds - advisorwebsites.com

How often do you update your profile?

chart10 - how often do you update your profile - advisorwebsites.com

How much time do you spend on Linkedin on a weekly basis?

chart11 - how much time do you spend on LinkedIn per week - advisorwebsites.com

Takeaways

  • 94% of advisors use Linkedin
  • 71% use recommendations
  • 55% are members of 2+ groups
  • Only 44% have used Linkedin Answers
  • 25% are running CPC ads
  • 20% never update their profiles
  • 61% use LinkedIn less than 1h per week

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About the author:
Loic Jeanjean Loic is the Sales and Web Marketing Director at Advisor Websites where he helps financial services professionals grow their market share by leveraging online marketing and social media. He is also spearheading the US and French markets expansions. He is a member of the Financial Planning Association® (FPA®). Connect with Loic on Linkedin, Twitter or Google+ : +Loic Jeanjean.
You can email Loic at: loic@advisorwebsites.com

 

Please Note: this article is for informational purposes only. We strongly encourage you to verify any content and information you use with your own compliance department or legal counsel.

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